World Business Report

Two years on, one of the world’s biggest shipping companies - Maersk - says it’s preparing to return to the Red Sea — and in aviation, Chinese-made passenger jets may be edging closer to European skies.Also today — new data suggests Iran’s internet blackout has cost the economy around 260 million dollars in lost business activity.

Several governments have been piling pressure on Musk’s AI company, xAI, after Grok was used to generate a flood of sexually explicit and non-consensual images, including of women and children.X says it will now geo-block the creation or editing of images showing people in bikinis, underwear or similar clothing in countries where that content is illegal and restrict image generation on Grok to paid subscribers only.Talks between the US, Denmark and Greenland have been called "frank but constructive", resulting in what the Danish foreign minister described still as a "fundamental disagreement" over the future of Greenland.And Wikipedia turns 25, we hear from it's founder.

President Trump wants to cap credit card interest rates at 10% for a year. But the big banks warn that could limit lending and hit the most vulnerable first. Also today - why prices for metals like copper and tin are hitting record highs, we'll investigate what's behind the surge.And despite fresh US tariffs under President Trump — and a volatile global economic backdrop — China posted a record trade surplus of around $1.2 trillion.Picture:Illustration shows Bank of America, Citi bank and Wells Fargo credit card mockups, Reuters

President Donald Trump says NATO would be stronger if Greenland were under US control. Greenlandic and Danish foreign ministers are about to hold talks in Washington with US Vice President JD Vance and Secretary of State Marco Rubio.The meeting could shape investment, mining and military spending across the Arctic.China's announced record export numbers and the biggest ever trade surplus in global history of 1 point 2 trillion dollars. We explain what this meansand Saks Fifth Avenue has applied for Bankruptcy protection

Sam Fenwick takes a look as US President Donald Trump brings back tariffs, this time targeting countries that continue trading with Iran, with China among those in focus. New US inflation figures show price rises are easing, but many American shoppers still say their weekly bills feel high. And pressure on the Federal Reserve has spilled into an open row with its chair, Jay Powell, drawing in central bankers from around the world.(PHOTO: People wave flags during a demonstration in support of the national protests in Iran, in Barcelona, Spain January 13, 2026. Credit: REUTERS/ Albert Gea).