Business Matters

Informações:

Synopsis

Global business news, with live guests and contributions from Asia and the USA.

Episodes

  • Evergrande debt crisis continues

    24/09/2021 Duration: 58min

    The embattled Chinese real estate firm Evergrande reaches the deadline for interest payments on its bonds – will Beijing step in to shore up the company? We speak to Sara Hsu, Associate Professor of Economics at the State University of New York. Erin Delmore is in Berlin to take us through the last days of campaigning in Germany’s general election, the vote will decide who replaces Angela Merkel after 16 years as Chancellor. Speakers at the UN General Assembly address the inequalities of Covid vaccine distribution around the world, America’s FDA withdraws nearly a million e-cigarettes from the market, and the European Commission wants all smart phones to have the same type of charging socket to cut down on waste, but will manufacturers go for it? Throughout the programme we’re joined by Robin Harding of the Financial Times and Hayley Woodin, editor of Business in Vancouver.

  • President Biden defends US withdrawal from Afghanistan

    17/08/2021 Duration: 51min

    Biden said there was never a good time to withdraw US forces from Afghanistan, but the situation has "unfolded quicker than expected". Dr Kamran Bokhari, director of analytical development at the Newlines Institute in Washington DC tells us that a lack of effective political and economic governance led the Afghan National Army to melt away and let the Taliban re-take the country. Plus, Daniel Arango, Disaster Management Coordinator at International Federation of Red Cross and Red Crescent Societies, gives us the latest on the situation in Haiti, where tropical storm Grace is making landfall, only days after a deadly earthquake hit the country. Also in the show, extra countries have been added to the service expected to be provided by the new 2Africa undersea internet cable being laid between Europe and two dozen African nations. The BBC's Zoe Kleinman explains why the new cable is needed. Plus, our regular workplace commentator Peter Morgan examines the lessons learned from an experiment in Iceland to offer

  • Square to buy Australia's Afterpay

    03/08/2021 Duration: 51min

    In Australia's biggest ever buyout, Jack Dorsey's Square has offered to buy Afterpay. Jonathan Shapiro writes about banking and finance at The Australian Financial Review, and tells us what is so attractive about the $29bn 'buy now, pay later' giant. As day 12 of the Olympics begins in Tokyo, we hear whether Japan's hosting of the games is still unpopular given the mounting costs and increasing covid-19 cases in the country. America's Sunset Studios, behind hits such as La La Land, plans to invest almost a billion dollars creating a major new film, television and digital production complex in Hertfordshire, England. We find out more about the project from Georg Szalai, international business editor of The Hollywood Reporter. And the BBC's Ivana Davidovic reports on whether new scientific developments might help genetically modified foods to shed the suspicion with which they've been viewed by many consumers and health authorities around the world. All this and more discussed with our two guests on opposite

  • US advises citizens against UK travel

    20/07/2021 Duration: 52min

    In a blow to the UK's tourist and aviation industries, the CDC has advised US citizens against travel to the country. We hear more from travel expert, Simon Calder. In Germany, catastrophic flooding has left at least 160 people dead and more than 170 others missing; later this week, Angela Merkel is expected to roll out an emergency aid package for those affected. We hear from the BBC's Damien McGuinness in the village of Nuerburg. And we examine the causes of last month's collapse of Champlain Towers South in Florida with Ana Bozovic, a real estate broker and founder of Analytics Miami and Benjamin Schafer, a structural engineer and professor at Johns Hopkins University. Plus, a news agency has been launched in Africa called Bird, which aims to find inspirational human interest and feature stories from across the continent. We find out more from Moky Makura, executive director of Africa No Filter, which has given its backing to the project. And we're joined throughout the programme by two guests on opposite

  • Most Covid rules set to end in England

    06/07/2021 Duration: 51min

    Face masks will no longer be legally required and distancing rules will be scrapped at the final stage of England's Covid lockdown roadmap, Prime Minister Boris Johnson has confirmed. The rule of six inside private homes will be removed and work-from-home guidance abolished as 16 months of on-off restrictions on daily life end. But is it too soon? Chinese authorities have frozen several prominent apps that recently listed in New York. What is behind the dispute, which includes preventing ride-hailing app Didi from adding new users? Also in the programme, Europe's three biggest truckmakers have agreed to invest almost $600m in a network of electric charging points. However, significant hurdles to electrifying road haulage remain, and we find out more from Claes Eliasson, senior vice-president at Swedish truckmaker Volvo. Despite the high profile of college sports, most of its athletes are amateurs. But a recent ruling by the US Supreme Court opens the door to the professionalisation of the sector. Pic

  • US authorities open probe into SolarWinds' cyber breach

    22/06/2021 Duration: 52min

    The US Securities and Exchange Commission (SEC) has begun the inquiry into last December's cyber attack on the IT provider, media reports say. It will ask whether some companies failed to disclose they had been affected. Our technology correspondent Rory Cellan-Jones explains the story. As India offers its free vaccinations to all adults, human rights activist Manjula Pradeep of the Wayve Foundation in Ahmedabad offers an assessment of the country's vaccine rollout so far. And what is it that makes a tweet go viral? Researchers at the University of Cambridge say they've discovered the secret: being rude. We hear more from postgraduate researcher Steve Rathje. Jamie Robertson is joined throughout the programme by Dimuthu Attanayake, journalist and researcher for the LIRNE Asia digital policy think tank, who's in Colombo in Sri Lanka, and by Andy Uhler, reporter for Marketplace in Austin, Texas. (Picture: The SolarWinds Corp. logo. Picture credit: Getty Images.)

  • Google fined $267m in France

    08/06/2021 Duration: 52min

    Search giant Google is to pay a $267m fine in France because of its advertising dominance. Katrin Schallenberg is an antitrust expert with Clifford Chance, and explains the background to the case. As some companies turn to anthropology to balance the insights of algorithms and AI, should all businesses now have an anthropologist on their books? We hear from Gillian Tett the author of Anthro-Vision: A New Way to See in Business and Life. Production of the luxury jet plane Learjet is set to end later this year, and the BBC's Russell Padmore takes an in-depth look at the global market for private jets. Plus, as people around the world return to the office, our regular workplace commentator Peter Morgan discusses the experience of those who have to try and fit into traditional office attire again, after spending time at home wearing baggy loungewear. Plus, we're joined throughout the programme by Alison Van Diggelen, in Silicon Valley; she's host of Fresh Dialogues. And Sushma Ramachandran, an independent busines

  • Colonial Pipeline to attempt gradual reopening

    11/05/2021 Duration: 51min

    The Colonial fuel pipeline, shut down by a cyber attack since Friday, serves 45% of America's east coast. A regional state of emergency has been declared, allowing tanker drivers to work extra hours to get some fuel where it's needed – but will they be able to keep up with demand? We ask Ellen R Ward, president of Transversal Consulting. Is it a surprise that criminals were able to hack into the system running the most important fuel pipeline in the United States? A question for Algirde Pipikaite, cyber security expert at the World Economic Forum. Also in the programme, Mike Johnson takes a close look at Nigeria's electricity challenge, which means around 40% of the country having no access to official supplies. Plus, researchers have created a cricket bat made out of bamboo, rather than the traditional willow, which they say is cheaper and more sustainable. We hear more from Ben Tinkler-Davies of the University of Cambridge, who was on the research team. All this and more discussed with our two guests on o

  • Apple releases controversial software update

    27/04/2021 Duration: 52min

    Apple has released its latest software update with a new tool that has forced a confrontation with Facebook over privacy; the BBC's Technology Correspondent Rory Cellan Jones explains the controversy. As an international effort is underway to help India as it faces an overwhelming surge in coronavirus cases, we hear how the US, the UK, China, Russia, the European Union Saudi Arabia are among those offering help. Also in the programme, the collapse of Greensill Capital in the UK has drawn attention to the practice of supply chain financing, which Greensill was known for; the BBC's Joshua Thorpe brings us an extended report. Plus, a company called Mirriad has developed a technique that enables product placement in archive films and TV shows; the company's CEO, Stephan Beringer, tells us how it works. And we're joined by two guests on opposite sides of the Pacific; Andy Uhler, reporter on the Marketplace programme who's in Austin, Texas and Mehmal Sarfraz, co-founder of The Current PK, who's in Lahore, Pakista

  • England lockdown restrictions ease

    13/04/2021 Duration: 51min

    Pubs, restaurants, beauty salons and non-essential shops have reopened with the easing of lockdown restrictions across England. We hear from the heart of London’s shopping district and from a pub garden near Reading. The e-commerce giant Alibaba has been accused of anti-competitive practices and fined more than $2.5 billion by Chinese regulators. We discuss what this will mean for the future of the company. Also in the programme, the BBC’s Ivana Davidovic gives us the lowdown on Telegram, the messaging app - and one of the most downloaded non-gaming apps this year. And the BBC's arts correspondent Vincent Dowd tells us what the organisers of this year's Baftas are doing to improve diversity across the awards. Rahul Tandon is joined throughout the programme by Nisha Gopalan, editor for Bloomberg News in Asia, in Hong Kong, and Les Williams from the University of Virginia, in Arlington, Virginia. (Picture: A man drinking a pint of beer / Credit: Getty Images)

  • Credit Suisse and Nomura warn of hedge fund hit to profits

    30/03/2021 Duration: 52min

    Switzerland's Credit Suisse and Japan's Nomura have seen their shares take a sharp fall after warning they could face losses of billions of dollars. The two large banks lent money to crisis-hit US investment fund, Archegos Capital, which was forced to liquidate billions of dollars’ worth of shares last Friday. We hear from Financial Times Correspondent Ortenca Aliaj and financial lawyer Mark Berman. The US says it could impose 25% tariffs on British exports to the US after the UK levied a digital services tax on major technology companies; we get the details from Steven Overly, Global Trade and Economics Reporter at the Politico website. Also in the programme, the European Union’s recent ban of palm oil in biofuel for vehicles has angered top producing nations Indonesia and Malaysia. The BBC's Manuela Saragosa explains the politics of the vegetable oil. Plus, as the pandemic has led to a re-think of the working day, the BBC’s Peter Morgan looks at the practice of an afternoon nap and if it’s time to refresh o

  • Texas power cooperative files for bankruptcy protection

    02/03/2021 Duration: 53min

    Texas's Brazos Electric Power Co-operative has filed for bankruptcy after winter storms. The firm says it's facing a $1.8bn bill as a result of last month's disruption, and Bloomberg's Jeremy Hill explains the implications. Also in the programme, starting a week of special programming about mental health and the pandemic, the BBC's Manuela Saragosa reports on what more businesses and governments could be doing to support their employees' mental wellbeing. Plus, how would you react if your employer insisted you are vaccinated before you re-enter the workplace? A UK based plumbing company has advertised for new staff on a ‘no jab no job’ policy and employees will face very difference workplaces upon returning to workplaces, as Pilita Clarke explains. And we're joined by political reporter Erin Delmore who's in New York and Yoko Ishikura, Professor Emeritus, Hitotsubashi University and a member of the World Economic Forum’s Expert Network, is in Tokyo. (Picture: An electrical substation in Houston. Picture

  • Google to pay News Corp for stories

    18/02/2021 Duration: 52min

    Google has agreed to pay Rupert Murdoch's News Corp for content from news sites across its media empire. Meanwhile, Facebook has announced it is banning the publishing and sharing of news on its platform in Australia. This follows moves by the Australian Government to make digital giants pay for journalism. We get the thoughts of Peter Lewis, Director of the Centre of Responsible Technology and is based in Sydney. We discuss one of the highest-profile court cases to come out of the Me-Too Movement in India - M J Akbar, a former minister has lost his his defamation case against journalist Priya Ramani, who had accused him of being a sexual predator. Also on in the show - a Great Green Wall across the arid lands of northern Africa - can the project save fragile communities in 11 countries - or is it just a mirage? And Ford Europe pledge to go all-electric by 2030. We hear from their CEO, Stuart Rowley. All this and more discussed with our two guests throughout the show. Les Williams, an Associate Professor at

  • Snow storm wreaks havoc in Texas

    17/02/2021 Duration: 52min

    Around 150 million Americans have been advised to take precautions as an unprecedented winter storm continues to cause havoc across twenty five US states. In one of the worst affected states, Texas, more than four million people are without power as a surge in demand caused the power grid to fail. We hear how ageing infrastructure, unregulated grid and climate change have all contributed to the situation. Also - we go to Japan, where the government is trying to convince somewhat reluctant population to get vaccinated against Covid-19. And the BBC's Ivana Davidovic looks at the museum world. The era of Black Lives Matter has seen the toppling of statues in cities in Britain and the United States. Calls for the return of cultural property stolen during colonial times are getting louder. Many looted artefacts are housed by major national museums in Europe and North America. Leaders of new cultural institutions in Africa meanwhile are re-imagining the whole concept of what a 21st century museum should look like

  • Ngozi Okonjo-Iweala named first female, African boss of WTO

    16/02/2021 Duration: 52min

    In her own words "history was made" today when Ngozi Okonjo-Iweala became the first woman and the first African director general of the World Trade Organization. She tells us how she plans to reform the WTO and the importance of climate change. Also in the programme, the global economic cost of the Coronavirus pandemic will run into trillions of dollars. Could the world set up a better early warning system for future pandemics? Dr Micheal Mina, an epidemiologist based at the Harvard T.H Chan School of Public Health is trying to do just that with the project he calls Global Immunological Observatory. Plus, Bill Gates describes the implications of meeting the global target to reduce net carbon emissions to zero by the year 2050. And our regular workplace commentator, Stephanie Hare talks about how to approach bereavement in the workplace. PHOTO: Ngozi Okonjo-Iweala/Getty Images

  • Covid-19 threat to 2021's global sport events

    19/01/2021 Duration: 53min

    72 tennis players at the Australian Open are facing 14 days stuck in Melbourne Hotels after positive Covid-19 cases on their inbound planes; We discuss whether the Covid-19 pandemic is still a big threat to major sport events including the Tokyo Olympics. We'll hear the latest on the US Capitol as DC remains on high alert ahead of President-Elect Joe Biden's inauguration on Wednesday. Car and electronic device makers sound alarm bells amid a global microchip shortage. Russ Mould of stockbrokers AJ Bell is a former semiconductor analyst, and explains the background and implications. More than 140,000 retail jobs have been lost in the UK since the start of the pandemic; we hear how people have been able to survive financially by reinventing their way of doing business. Also in the programme, ski journalist Robert Stewart on why the resort of Courchevel in France is marketing itself as an alternative location for people to work from home. Plus could being too efficient working from home put your job at risk? (

  • Fiat and Peugeot agree a merger

    05/01/2021 Duration: 51min

    A merger between Fiat Chrysler and PSA has won approval from the companies' shareholders. The new company will be called Stellantis and we ask why has Fiat agreed to be subsumed into an ever bigger group. Also in the programme, more than 200 workers at Google-parent Alphabet have formed a labour union. It marks a seismic shift in Silicon Valley, where unions are a rarity and relations with organised labour is often fractious. We hear from Google employee Dr Alex Hanna, who is one of the staff who've got their membership card. Plus, worries over health and anxiety about employment during the pandemic have led to restless nights for many of us. The BBC's Elizabeth Hotson reports on measures people can take to ensure they get a good night's sleep. And - as new year gets under way, we hear about the home fitness alternatives many are choosing for their resolutions, in place of signing up to a gym. PHOTO: Getty Images

  • European and British leaders will meet to discuss Brexit impasse

    08/12/2020 Duration: 52min

    Brexit talks stall prompting a meeting for later this week, between the President of the European Commission, Ursula von der Leyen and the British Prime Minister, Boris Johnson. We will hear what is at stake for both sides with analysis from Carsten Brzeski, from ING in Frankfurt. We will also consider the future of Venezuela, after President Maduro and his allies won political control, but the standoff with countries like the United States continues. Eileen Gavin, a Latin America analyst with the advisory group Maplecroft, gives us her analysis. Throughout the programme we'll also get the views of our guests, Professor Peter Morici, from the University of Maryland, in Washington and financial professional Jessica Khine, who is in Malaysia. (Picture: EU and UK flags. Getty Images.)

  • Trump authorizes transition to Biden presidency

    24/11/2020 Duration: 52min

    US President Donald Trump accepts that the formal transition to Joe Biden's White House can finally begin and it's reported that Mr Biden will nominate Janet Yellen, a former head of the Federal Reserve, as his Treasury secretary - we hear from Samira Hussain, our American Business Correspondent. There's more good news on the coronavirus vaccines front as it's announced that the AstraZeneca/Oxford trials could be almost as effective as two other vaccines already shown to work. There's growing evidence that later lockdowns, designed to combat a second wave of the virus, aren't having the same positive environmental impact as the initial lockdowns, as Mike Johnson has been hearing from Simon Birkitt, founder of the campaign group Clean Air in London. It will take “substantial last minute efforts” in order to strike a Brexit deal – that’s according to the EU Trade Commissioner, Valdis Dombrovskis, who's been speaking to our Global Trade Correspondent Dharshini David. And are you looking for something to buy your

  • Tech chiefs face US Senate questions on internet law

    29/10/2020 Duration: 53min

    The chief executives of Facebook, Twitter, and Google have faced intense grilling from senators over Section 230 of the Communications Decency Act, which protects web companies from liability when it comes to content posted by users. Rebecca Klar, a reporter with The Hill in Washington D.C., gives us the highlights. Also in the programme, financial markets have tumbled around the world for a second day this week amid concerns that a rise in coronavirus cases will hurt still tentative economic recoveries. And the nuclear industry is pinning its hopes on mass-producing small, cheap power stations to compete with renewable energy. Plus, the Kazakhstan tourism board attempt to capitalise on the release of the second Borat film. All through the show we’ll be joined by Jeanette Rodrigues from Bloomberg in Mumbai and Ralph Silva from the Silva Research Network in Toronto. (Picture credit: Getty Images)

page 5 from 10