Business Matters

  • Author: Vários
  • Narrator: Vários
  • Publisher: Podcast
  • Duration: 168:54:29
  • More information

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Synopsis

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

Episodes

  • France eases lockdown restrictions

    12/05/2020 Duration: 51min

    France lifts many of its lockdown restrictions, even as concerns mount in Germany that Covid-19 cases may be on the rise again. Philippe d’Ornano, Chief Executive of French beauty company Sisley explains what it means for business. Meanwhile, UK Prime Minister Boris Johnson clarified instructions for the public in England, after a great deal of ridicule and confusion over the government's initial outlined steps. We explore the difficulty of his position as advice for England now stands at odds with advice for the other 'home nations': Wales, Scotland and Northern Ireland. And, we head to Hong Kong, where protests against the authorities have once again started to rise. (Picture credit: Guillaume Souvant/ Getty Images)

  • Aeroplane makers squeal as demand fizzles

    28/04/2020 Duration: 51min

    As demand for international flights has dried up, the effects are filtering through to Boeing and Airbus. Their customers don't need the planes they already have on order - never mind, placing fresh orders for even more craft. Meanwhile, theories continue to swirl about the mysterious absence of North Korea's leader from public view. He's missed several high profile events and some news outlets are reporting his death. What does the situation, and potential stability issues it creates, mean for the region? And US Crude oil slides 24% to just $12.80 a barrel. What can oil exporters do to turn the price collapse around? (Photo: Guvendemir/ Getty Images)

  • Countries differ on ending coronavirus lockdown

    14/04/2020 Duration: 52min

    Countries and governments around the world are starting to feel the strain of coronavirus lockdown, with some showing signs of easing up restrictions. But the World Health Organisation is urging serious care, saying it cannot be done in a hurry. Also in the programme, the EU competition commissioner Margrethe Vestager has advised governments to prevent companies being taken over by Chinese firms. Amazon's share price surged after the company announced it would take on another 75,000 workers amidst increased demand, after already hiring some 100,000. Professor Scott Galloway at the New York University Stern School of Business discusses how we should interpret the move. The world's oil producers under OPEC and allies have agreed a record oil deal that will slash global output by about 10%. Paul Hickin, Associate Director at Platts, explains what this means for the future of oil prices. Plus, with the internet full of memes and videos to help us get through uncertain times, the BBC's Vivienne Nunis speaks to so

  • Oil price collapses to 18-year low

    31/03/2020 Duration: 52min

    US crude oil prices fell below $20 a barrel on Monday, close to their lowest level in 18 years, as traders bet production would have to shut to prevent a glut in the markets. The situation is particularly bleak for high-cost wells in the world's largest producer: the US. We talk to Ellen Wald, from the Atlantic Council, in Florida, and Tom Adshead, a director of Macro Advisory in Moscow. Meanwhile, the Coronavirus outbreak has caused a rather startling change in fish consumption in Kenya. Instead of importing stocks from China, Kenyans have refound their taste for local catches, boosting incomes within the industry. And what do you do when you're in lock down? We interview David Shearer, who runs the UK puzzle exchange. He's seeing a resurgence in demand for jigsaws! (Picture description: Woman on a street in Moscow walks past live oil prices, showing the plunge due to Covid-19. Picture credit: Getty Images)

  • Financial markets recover after worst week in a decade

    03/03/2020 Duration: 52min

    The Bank of Japan, Bank of England and European Central Bank all pledged to increase liquidity to help economies through any disruption caused by the Covid-19 virus. (Photo by Paula Bronstein/Getty Images)

  • Japan's economy shrinks at fastest rate in five years

    18/02/2020 Duration: 52min

    Fears of a recession grow after the country's GDP fell by 1.6% in the final quarter of 2019, as the full economic impact of the coronavirus is still to come. Devin Stewart, senior fellow at the US-based Eurasia Group Foundation, tells us what this means for the world's third largest economy.Is an iPhone shortage on the horizon? Manufacturer Apple says production is down and has warned it won't meet its previous revenue guidance. Our business reporter Zoe Thomas brings us up to date from San Francisco.And we find out the fate of The Skagway News, based in Alaska. Its owner announced he was giving away the local paper at the end of last year. But did he find the perfect new owner?Sasha Twining is joined throughout the programme by Sushma Ramachandran, independent business journalist and columnist for the Tribune newspaper, in Delhi, and Alexis Goldstein, activist and financial reform advocate, who's based in Washington.(Picture: A woman wearing a mask in Tokyo. Credit: David Mareuil/Anadolu Agency via Getty Ima

  • Huawei chief fights extradition to the US

    21/01/2020 Duration: 50min

    Huawei's chief operating officer appears in a Canadian court to fight extradition to the United States on charges of fraud and breaching sanctions on Iran. The United States Census for 2020 is launched in Alaska, an important exercise for economic planning - we hear from Gabriel Layman, the Chief Operating Officer of Cook Inlet Housing Authority, about the quirks of gathering such huge amounts of information. And baseball is hit by a cheating scandal which could prompt advertisers to walk. And in Japan, a major restaurant chain is feeling the effects of the country’s ageing population. We discuss all this with live guests Sushma Ramachandran, an independent business journalist for The Tribune newspaper in Delhi, and Tony Nash, chief economist at Complete Intelligence in Houston, Texas.(Image: A silhouette in front of a Huawei sign. Credit: Wang Zhao/ Getty Images)

  • US and China sign the first stage of trade deal

    16/01/2020 Duration: 49min

    Speaking in Washington, US President Donald Trump said the pact would be "transformartive" for the US economy. Chinese leaders called it a "win-win" deal that would help foster better relations between the two countries. We hear from Greg Gilligan who chairs the American Chamber of Commerce in China and Steve Lamar, head of the American Apparel and Footwear Association.Russia's government has resigned, hours after President Vladimir Putin proposed sweeping constitutional changes. We explore the implications.Also, we take an in-depth look at the meat and dairy industry and ask whether it is sustainable. Will diets have to change? How fast will the food industry have to adapt?Plus, a familiar name in Japanese politics is again making waves - but for reasons outside of politics. The environment minister Shinjiro Koizumi - son of the former PM Junichiro Koizumi - has caused a sensation by taking paternity leave. Why is that still such a controversial move in Japan?Presenter Fergus Nicoll is joined by guests Chris

  • What will Iran do next?

    07/01/2020 Duration: 52min

    The NATO Secretary-General Jens Stoltenberg said members were united in their concerns about what he called Iran's destabilising operations in the region and in their resolve that Iran should never acquire nuclear weapons. But he said it was a US, not a NATO, decision to kill the senior Iranian general Qasim Soleimani in Iraq last week. After Iranian threats of retaliation, the world awaits who will make the next move? Meanwhile, South African entrepreneur Richard Maponya has died, aged 99. We look back on this retail titan, known as the 'Father of Black Business'. Plus a moment of gratitude for Office Boys in Indonesian offices by workplace commentator Asmara Wreksono.And joining us throughout the programme are Rachel Cartland, author, writer and expert on Hong Kong and Houston based Tony Nash, chief economist at Complete Intelligence.(Picture: Iran's Revolutionary Guard. Picture Credit: AFP Photo/ Ho/ Iranian Presidency)

  • Changing World of Work

    26/12/2019 Duration: 49min

    A look at the changing world of work. How will technology will play a growing role in all areas of our working lives and how essential is it to meet the needs of an increasingly diverse workforce? Washington based Sabina Dewan from Just Jobs Network, an international think tank focussed on creating more and better jobs worldwide joins the discussion. Adrian Blair, formerly Global COO of Just Eat and CEO of Receipt Bank, a fintech company which enhances workflow globally also joins Sasha Twining's workplace discussion.(Photo: Global communication network concept Credit: Getty Images)

  • Boeing replaces CEO amid 737 safety concerns

    24/12/2019 Duration: 52min

    US plane maker Boeing has replaced its chief executive Dennis Muilenburg in the wake of two deadly 737 Max crashes and the plane's subsequent grounding. We speak to Scott Hamilton, an aviation industry consultant with Leeham news and analysis in Seattle. Plus, UK defence and aerospace company Cobham has been bought by a US private equity firm in a $5bn deal that could test the new government's tolerance of foreign takeovers. Also in the programme, how green is the internet? We examine the energy consumed powering the web. And if you're looking for a last minute Christmas bargain, a small newspaper business in Alaska is looking to be snapped up. The asking price? Free - we find out why.All this and more discussed with guests Erin Delmore, a political reporter in New York, and journalist Jyoti Malhotra in Delhi.(Photos: File photos of David Calhoun (L), and Dennis Muilenburg (R). Credit: AFP/Getty Images)

  • Former head of the Federal Reserve, Paul Volcker, dies

    10/12/2019 Duration: 51min

    Over the weekend, at the age of 92, one of the giants of American economic policy and former head of the US central bank Paul Volcker, died at his home in New York. He was perhaps best known for his dramatic hiking of interest rates in the early eighties to fight inflation. We explore his enduring legacy. Meanwhile, shares in Tullow Oil fell as much as 70% after the company announced a boardroom shake-up, scrapped its dividend and cut its production forecasts. Chief executive Paul McDade and exploration director Angus McCoss are stepping down immediately. We talk to Eklavya Gupte, senior editor of Europe and Africa News S&P Global Platts. Robin Harding, Tokyo Bureau Chief or Financial Times and Alexis Goldstein, an activist and financial reform advocate in Washington join the discussion. (Picture Credit: Getty Images)

  • Uber loses London licence

    26/11/2019 Duration: 52min

    Uber initially lost its licence in 2017 but was granted two extensions, the most recent of which expires on Monday. The firm will appeal and can continue to operate during that process. We talk to Shona Ghosh, UK technology editor for Business Insider, about what this means for the company. Meanwhile, the chief executive of Australia's third-largest bank, Westpac, has resigned following investor pressure. The bank was last week accused of 23 million counts of breaching anti-money laundering rules. We talk to the BBC's Phil Mercer in Sydney about the reaction. (Image: The Uber App - Picture credit: Getty Images)

  • Hong Kong Polytechnic University Standoff

    19/11/2019 Duration: 51min

    Unrest continues in Hong Kong after more violent clashes between pro-democracy demonstrators and the police. Dozens of protestors have left the Polytechnic after more violent clashes with police. Throughout the programme we hear the views of Rachel Cartland, a long time civil servant in the Chinese city, who worked with the territory's Chief Executive Carrie Lam.Our other guest over the hour is Professor Peter Morici, from the University of Maryland in Washington and he has some interesting views on Ford unveiling an electric version of its iconic Mustang sports car. We also hear from motoring journalist Nikki Gordon-Bloomfield, from Transport Evolved, who took a ride in the car.We hear from the literary world after a tiny hand-made book written by Charlotte Bronte at the age of 14 was bought at an auction in Paris by the Bronte Society, which will ensure it returns to the North of England.As the UK prepares for one of the most uncertain general elections for many years we get an explanation of the policies o

  • Chinese firm plans British Steel rescue

    12/11/2019 Duration: 52min

    To the relief of the UK government, Chinese firm Jingye has promised to rescue British Steel, an iconic company that employs 4,000 people. We ask Martin Jacques, author of When China Rules the World, whether the UK is being drawn into China's Belt and Road plan.Protests in Lebanon show little sign of easing up; the entire financial and political system is the focus of the anger. The BBC's Ivana Davidovic has been finding out more.There is an argument that the American Dream is dead and that meritocracy and hard work aren't valued any more. But some do still live the dream and we hear from one such success story; Rob Bernshteyn, CEO of fintech company, Coupa Software which is worth around US$1.6 billion. Vast parts of Australia's east coast are bracing for potentially catastrophic bushfires today and we're joined by the BBC's Phil Mercer in Maitland, an inland city 165 km north of Sydney. China's annual Singles Day has morphed into an enormous frenzy of shopping and green groups are warning all this comes at

  • Virgin Galactic rockets on New York Stock Exchange

    29/10/2019 Duration: 52min

    Virgin Galactic had its first day as a listed company in New York. At their peak, shares rose just over 10%. Founded in 2004, Virgin Galactic has spent more than $1bn developing its programme, which is years behind schedule and took a hit after a fatal accident in 2014. We explore the future for this fledgling industry with Chief Executive George Whitesides. Meanwhile, Google is reported to be in talks to buy Fitbit. We speak to Carolina Milanesi, tech analyst at Creative Strategies. And how the world should prepare for the onslaught of so-called 'deep fakes' - the computer generated videos that allow the nefarious to put words in the mouths of the famous. (Picture Credit: Getty Images)

  • Prince Harry sues UK tabloids in phone-hacking claim

    07/10/2019 Duration: 52min

    The prince has begun legal action against the owners of the Sun and the Daily Mirror. We speak to Brian Cathcart, founder of Hacked Off, which campaigns for press accountability in the UK, as Buckingham Palace confirms documents have been filed over the alleged illegal interception.US company Purdue Pharma has been in the headlines recently after it was accused of fuelling the opioid crisis with its drug OxyContin. Recent court filings now show that the company sent up to $13 billion of profits to its owners, the Sackler family - the largest estimate so far of how much the family made from Purdue. Jared S Hopkins, reporter at the Wall Street Journal, explains the story. Jamie Robertson is joined throughout the programme by Alexander Kaufman, senior reporter at the Huffington Post in New York, and Sharon Brettkelly, bureau chief at Radio New Zealand in Auckland.(Picture: The Duke of Sussex. Credit: Pool/Samir Hussein/WireImage)

  • US imposes sweeping sanctions on Venezuela

    05/10/2019 Duration: 52min

    We look at the global repercussions of sweeping sanctions on the government of Venezuela by the US. We ask if President Trump's aim - to punish 'the usurping' of power by President Nicolas Maduro, Germany's hugely successful automotive industry is being choked by not only global trade tensions, but other factors - the BBC's Rob Young has an extended report on the economic powerhouse and its woes. Plus, we look Disney's disappointing financial results. We discuss all this with guests Youngsuk Chi, a Korean Businessman, who has worked extensively in the media and technology industry and Maya Van Rossun, environmental lawyer and author in Philadelphia.(Image: A man walks past a wall reading "Trump unblock Venezuela" in Caracas on August 6, 2019. Credit: Federico Parra / Getty Images)

  • Communist China at 70

    01/10/2019 Duration: 52min

    China is 70 years old. Its growth has been staggering from rural economy to industrial powerhouse. We explore the many issues, both positive and negative, around this with founding executive of the Libra Association, Dante Disparte, and journalist Mehmal Sarfraz. We also look at what the nation's unique path has meant for its people with Yuen Yuen Ang, author of forthcoming book, China's Gilded Age: The Paradox of Economic Boom & Vast Corruption. Meanwhile, Facebook's plans to get the world to use its digital currency Libra continue apace. We discuss what Libra is and what it means for you. And, we talk trains! Africa's first high speed train was opened to the public in Morocco at the end of last year.The BBC's Nora Fakim is in Casablanca to see how it's doing. Picture credit: Getty Images

  • Hurricane Dorian could hit the US

    03/09/2019 Duration: 51min

    Hurricane Dorian could hit the US. We hear from Luis Fajardo from BBC Monitoring in Miami. And as the trade war between the US and China expands, we meet some of those impacted by it. Also in the programme, with Argentina in the midst of a currency crisis, the government has imposed sweeping restrictions on how much money people can exchange into foreign currencies. Jimena Blanco of risk consultancy Verisk Maplecroft in Buenos Aires, explains the government's thinking. In May last year federal legislation which outlawed sports betting was changed; thirteen states now allow it and Rupert Murdoch’s Fox Corporation has launched Fox Bet. We hear from Warwick Bartlett, the CEO of industry consultants GBGC. Plus our regular workplace commentator Heather McGregor of Heriot Watt University takes a look at research indicating that expressing gratitude towards our colleagues can help combat stress and boost job satisfaction. And we're joined throughout the programme by I'll be joined throughout the programme by Nathani

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