World Business Report

Dollar sinks to four year low

The dollar is normally seen as the ultimate safe haven, it's the currency most other currencies benchmark themselves against – so why is it taking a downward spiral? British Prime Minister Keir Starmer has been in Beijing meeting President Xi and says steps have been taken to improve trade with China. And Germany is experiencing a potato glut, we find out why.

Amazon cuts 16,000 jobs as it pushes AI and efficiency

US technology giant Amazon has confirmed it will cut 16,000 jobs around the world. Andrew Peach hears from former Amazon workers and an AI expert. Also, why German authorities have searched Deutsche Bank buildings in Berlin and Frankfurt. And how Harry Styles will overtake Taylor Swift by adding more London gigs this summer. (PHOTO: An Amazon employee delivers packages in downtown San Francisco, California, U.S., January 26, 2026. REUTERS/Carlos Barria)

The Swiss franc flies high

The Swiss franc soars to its highest level against the dollar in more than a decade as investors flee the dollar in search of a safe haven. We look at what that means for Swiss exporters and the central bank. Plus, why have several big global companies announced job cuts, even though they appear to be doing well financially? And the boss of Cisco warns of "carnage" if an AI-driven bubble on stock markets bursts.

India and EU announce 'mother of all trade deals'

A free trade agreement dubbed the mother of all trade deals has finally been announced between the European Union and India after two decades of negotiations. What do businesses make of it? Across the globe then to hear why Canadians are boycotting ski resorts in America. In the US, a landmark social media addiction case has tech giants settling before reaching court. And country music is popular (according the Gen-Z). [Photo:President of the European Commission Ursula von der Leyen and President of the European Council Antonio Luis Santos da Costa shake hands with Indian Prime Minister Narendra Modi in New Delhi, India. Credit: RAJAT GUPTA/EPA/Shutterstock]

India and EU agree game-changing trade deal

The European Union and India have announced a landmark trade deal as both sides aim to deepen ties amid tensions with the US. It will allow free trade of goods between the bloc of 27 European states and the world's most populous country, which together make up nearly 25% of global gross domestic product and a market of two billion people. Meanwhile, Donald Trump threatens South Korea with more tariffs, and a big shift in the global sportswear business as France’s billionaire Pinault family sells a big chunk of its Puma holding to China’s Anta Sports.