World Business Report

The United States military has seized two tankers linked to Venezuelan oil. This comes as Venezuela’s state-run oil company is confirming – for the first time – that it is negotiating the sale of crude oil to the United States after the US Energy Secretary said that Washington would control Venezuelan oil sales 'indefinitely'. Also, the global race between the world’s biggest companies and countries to build the most powerful computers ever seen. And Warner Brothers Discovery is telling its shareholders to once again reject an updated bid from Paramount Skydance, calling it inferior.(PHOTO: The vessel tanker Bella 1 [now called the Marinera] at Singapore Strait, after U.S. officials say the U.S. Coast Guard pursued an oil tanker in international waters near Venezuela, in this picture taken from social media on March 18, 2025. Credit: Hakon Rimmereid/via REUTERS)

The US President says the interim authorities in Venezuela will be turning over up to fifty million barrels of what he called 'sanctioned oil' to the United States. Also, America's Department of Health has frozen childcare and family assistance payments over alleged fraud. And, a report from inside the home of one of the world's high-speed quantum computers.

As people wonder what happens next, we talk to a student and business owner about their hopes for Venezuela's future, and explore the economy beyond oil production. Also, does sacking football managers make good business sense?And we hear from gym enthusiasts keen on a German fitness trend.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.(Picture: People walk in front of graffiti reading "Free Maduro" during a women's march toward the office of interim President Delcy Rodriguez in Caracas, Venezuela, January 6, 2026. Credit: REUTERS/Leonardo Fernandez Viloria)

Six European leaders today rallied to Greenland's support after the President Donald Trump said the US ‘needed Greenland’.The UK, France, Germany, Italy, Poland, Spain, and Denmark said in a joint statement, that Greenland ‘belongs to its people...and only Denmark and Greenland can decide on matters concerning their relations"We look at Greenland’s business community and how it is responding to all the uncertainty over its future.Also – as the first retail sales of Xmas are revealed…will it be a bumper year for companies relying on seasonal shopping.And, as Manchester United part company with yet another manager, we look at the cost to the club in replacing Ruben Amorim, and those who have gone before him….Presenter: Leanna Byrne Senior Producer: Craig Henderson

We get a sense of what prices and the jobs market are like in Venezuela, and also look at the country's oil sector. Also, our reporter in South Korea on K-beauty and the global demand for Korean skincare and cosmetics. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.(Picture: Law enforcement officials move captured Venezuelan President Nicolas Maduro and his wife Cilia Flores out of the helicopter, ahead of a court hearing in New York. Credit: REUTERS/Adam Gray TPX IMAGES OF THE DAY)