Houthi rebels have hit a US-owned container ship with a ballistic missile off the coast of Yemen, The vessel, Gibraltar Eagle, reported "no injuries or significant damage", according to the United States military command for the Middle East. The rebels say they will continue to target all US and British ships taking part in what they call aggression against Yemen. The two countries have hit Houthi positions after the group began attacking ships in the Red Sea. Ed Butler speaks to Jakob Larsen of BIMCO (The Baltic and International Maritime Council) which represents ship owners around the globe.

Also on the programme, Faisal Islam, the BBC’s Economics Editor, speaks to us from the World Economic Forum in Davos, Switzerland about whether the annual gathering of the great and the good - and the rich - still has a relevance in an ever changing world.

And our reporter Izzy Greenfield tells us how trainer technology is producing record times for top athletes as well as profits for the companies who make them.