News imageWorld Business Report, EU-Mercosur deal gets green light

World Business Report

EU-Mercosur deal gets green light

9 January 2026

2 minutes

Available for 28 days

A free trade agreement between the European Union and the South American trade bloc is approved, but some countries aren’t happy. We speak to a European Commissioner for Trade about the deal.

And there's another big deal brewing - this time in the mining sector, as Glencore and Rio Tinto are in preliminary talks about a takeover worth two hundred and seven billion dollars. A mining analyst gives us his take on what it could mean for the industry.

And how has news of that deal affected markets? We’ll be finding out.