Elon Musk's rocket company SpaceX has acquired his artificial intelligence startup xAI in a deal that values the combined companies at $1.25 trillion. We take a closer look. Also in this edition: the US and India agree to a landmark trade deal, and precious metals rebound from a massive selloff.

French Prime Minister Sébastien Lecornu has survived the last of a series of no-confidence votes, allowing the full 2026 budget to be adopted. The centrist prime minister had pushed the bill through parliament without a vote after securing the backing of the Socialist Party in exchange for some costly concessions. Also in the segment: US President Donald Trump says he will lower tariffs on Indian goods after New Delhi committed to ending its purchases of Russian oil. 

Precious metals continued to lose ground this Monday following steep declines last week, with investors piling out of the safe haven assets after US President Donald Trump picked Kevin Warsh to lead the Federal Reserve. Also in this edition: French tech giant Capgemini plans to sell off the US subsidiary that provides immigrant tracking data to ICE.

Both Meta Platforms and Microsoft shared their latest quarterly results on Wednesday and showed they are still planning on sustained spending on artificial intelligence. Similarly, Telsa posted a drop in annual revenue for the first time in its history and announced a shift away from electric vehicles and towards AI and robotics. Meanwhile, hardware providers like Samsung Electronics are fuelling the boom in AI, and reaping the benefits.

The US Federal Reserve has defied pressure from President Donald Trump by holding interest rates steady. The policy announcement was partly overshadowed by ongoing tensions with the administration. Fed Chairman Jerome Powell – who is facing a criminal probe he describes as politically motivated – insisted the US central bank would maintain its independence. Also in the show: the US dollar slides to its lowest level in four years, and Paris Fashion Week deals with the rise of ultra-fast fashion. 

The US dollar weakened to its lowest level in four years on Tuesday after President Donald Trump responded to a question about the currency's fall by saying he thought it was "great". In this edition, we try to understand why Trump favours a lower currency and the factors that have been weighing on the greenback. Also in the headlines, UK Prime Minister Keir Starmer heads to China with a delegation of 60 business executives.

The EU and India have hailed their new free trade agreement as "the mother of all deals". While the pact eliminates or significantly reduces tariffs on a vast majority of goods traded between the two sides, it excludes politically sensitive farming products. We take a closer look. Also in the segment, some Cypriot fishermen have taken their battle against invasive fish to the dinner table. 

After the presidents of the EU Commission and EU Council signed a free trade deal in New Delhi with India's Prime Minister this Tuesday, we take a look at what the pact actually entails. Tariffs will be reduced on a large number of goods going both ways, but some sectors will remain protected. Both sides are looking to further diversify their trade relationships as Donald Trump's global tariff war upends commercial flows.

India has rolled out the red carpet, hosting top EU leaders as guests of honour at its Republic Day parade, a day before the two sides are expected to sign a free trade agreement at an EU-India summit. Negotiations had started long before US President Donald Trump started imposing new tariffs on the rest of the world, but have taken on a sense of renewed urgency amid rising geopolitical and trade tensions. 

The price of an ounce of gold surged past $5,100 on Monday as investors flock to precious metals and away from currency and treasury markets. The trend underlines growing global uncertainty fuelled by debt concerns, US President Donald Trump's attacks on the Federal Reserve and general geopolitical uncertainty. Also in this edition, Canadian PM Mark Carney says he has "no intention" of pursuing a free trade agreement with China. Finally, a plush toy horse with a frown could be the star of the upcoming Lunar New Year.