Synopsis
Global business news, with live guests and contributions from Asia and the USA.
Episodes
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Violence Escalates in Hamburg as the G20 Protest Continues
08/07/2017 Duration: 51minJust as the protestors on Hamburg's streets have varied demands, so too do the leaders of the G20. The US, for example, wants more trade tariffs (especially on steel imports) - a policy that not all members agree with. We get the latest on the summit from our correspondent in Hamburg, Amir Paivar. London-based PR firm Bell Pottinger apologises after its social media campaigns caused offence in South Africa. Nikita Ramkissoon from the Save South Africa campaign tells us her objections to it. Plus, we meet the astronomer turned entrepreneur Dr Kim Nilson, whose company Pivigo matches data scientists with firms who need them. Susannah Streeter is joined throughout the programme by Peter Ryan, senior business correspondent for ABC in Sydney. (Picture credit Alexander Koerner/Getty Images)
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Police Clash With G20 Protestors
07/07/2017 Duration: 52minAs leaders of the world’s twenty largest economies arrive in the northern German city of Hamburg, thousands of protestors took to the streets. Several police officers were injured as violence erupted. We get the latest from BBC correspondent Jenny Hill. As the EU and Japan announce their free trade deal, we speak to Shihoko Goto of the Northeast Asia Program at the Wilson Center in Washington. And the BBC’s Timothy McDonald reports from the Philippines, where new technology is disrupting the craft of guitar making. Roger Hearing is joined throughout the programme by entrepreneur and author August Turake in North Carolina and investment director Catherine Yeung in Hong Kong. (Photo credit Alexander Koerner/Getty Images)
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US Jobs Growth Accelerates
06/05/2017 Duration: 55minFigures from the US Department of Labor showed that the unemployment rate dropped in April. But the rebound in the jobs market could pave the way for the US central bank to raise interest rates, warns Chirs Low of FTN Financial on Wall Street.The Indian government says it's planning new rules allowing airlines to ban unruly passengers from flying. It follows a steady increase in air rage incidents worldwide, and an incident where MP Ravindra Gaikwad hit an Air India duty manager with his sandal. Charles Leocha from Travelers United.org says it is easy for stress levels to rise on packed planes.The chief executive of Goldman Sachs, the world's second largest investment bank, has warned that London "will stall" because of the risks from the Brexit process. He has told the BBC that his firm had "contingency plans" to move people depending on the outcome of the negotiations.More and more people are being allowed to take their dogs to work, which can have surprising benefits for other employees. Susannah Streeter
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US Drops 'Mother of All Bombs' on IS
14/04/2017 Duration: 55minThe GDU-43 bomb weighs almost 10,000kg, is as long as a small bus and packs the equivalent of eleven tons of TNT. But is deploying it an essential part of the war against so-called Islamic State, or is it just designed to show off America's military strength? We ask Michael O'Hanlon from the Brookings Institution.Since the start of the conflict in Syria, Armenia has welcomed an influx of refugees from the native Syrian Armenian community in Aleppo. They've been supported by the government to set up a series of micro-enterprises, but this has caused conflict with local business owners who say it's bringing them more competition. Nicola Kelly reports from the capital city, YerevanPolitical protests have become frequent and numerous in Venezuela in recent weeks. Most recently they have been sparked by a decision to bar the opposition leader, Henrique Capriles, from holding public office for fifteen years. The BBC's Daniel Garcia talks to us from Caracas.What does Easter mean to you? Is it a religious festival, a
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Trump and Xi Complete Talks in Florida
08/04/2017 Duration: 55minDespite the shadow of US military action in Syria, American President Donald Trump insists his talks with his Chinese counterpart Xi Jinping have been positive. We talk to Heather Timmons from Quartz to find out how relations between the two superpowers are being shaped.After at least four people were killed in a suspected terror attack in Sweden, we find out the latest from the BBC's Maddy Savage in Stockholm.We discuss some of the weeks biggest stories - including executive pay, fake news and the world's best restaurant awards - with Shelly Banjo of Bloomberg in New York and Elaine Moore of the Financial Times in London.And we examine the new Icelandic TV sensation that's picking up a global audience. It's Big Brother, only with cats.Discussing all of that with Alex Ritson is Elizabeth Jackson, a presenter from ABC Radio in Sydney, Australia.(Picture: US President Donald Trump with Chinese counterpart Xi Jinping, Credit: Jim Watson/AFP/Getty Images)
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Will Trumpcare Pass Muster in Congress?
08/03/2017 Duration: 55minThe Democrats hated it before it even happened and now many Republicans have distanced themselves from the US President's proposals for an Obamacare replacement. So is Trumpcare already dead in the water? We speak to Professor John McDonough of Harvard University's Department of Health Policy & Management - who worked in the Senate on the passage of the Affordable Care Act.The US Department of Justice has fined the Chinese telecoms maker ZTE nearly $1.2 billion for selling banned American-made equipment to Iran and North Korea. We get analysis from Shawn Donnan, World Trade Editor of the Financial Times in Washington DC.The shipping industry is predominantly male and women who manage to get in complain of institutional harassment and sexism. Eldine Chilembo Gless, a One Young World Ambassador from Angola in south-west Africa outlines the extent of the problem.We cast the net a little wider to draw in some of the business headlines from elsewhere in the world and we cross to Sydney and the BBC's Phil Merce
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Trump Signs New Travel Ban Directive
07/03/2017 Duration: 55minPresident Trump has issued an executive order putting in place a new travel ban. Is it legally watertight this time? We hear from Ambassador Norman Eisen who was senior counsel to President Obama and David Rivkin, a lawyer who served under Presidents Reagan and George Bush senior. The centre-right in France keeps Francois Fillon as its presidential candidate, despite falling poll ratings and a legal investigation into his financial arrangements; we get analysis from the BBC's Hugh Schofield in Paris.The BBC's Sharanjit Leyl finds out how to make an amazing party in Singapore.We cross over to Kolkata where Rahul Tandon tells us about Asia's biggest business stories.One of the advantages of working in radio is that the dress codes aren't too rigid but in some jobs it's a very different situation. Our well-dressed regular commentator Lucy Kellaway of the Financial Times has been musing on corporate dress.And we're joined throughout the programme by two guests on opposite sides of the Pacific; Anjani Trivedi, Col
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President Trump prepares to address Congress for the first time
01/03/2017 Duration: 49minWith President Donald Trump less than an hour away from addressing Congress for the first time, we preview what he's likely to say and how he's been performing in The White House so far.Three months on from India's surprise decision to remove high-valued banknotes from circulation, we examine how the economy has been affected with British economist Roger Bootle.Despite frequent reports that 'Milennials' are finding it difficult to get onto the housing ladder, a report from HSBC suggests that home ownership may not be all that out of reach for young adults in the 21st century. The survey of 9000 people in nine countries indicates that 40 per cent own their own home and 83 per cent of those that don't are planning on buying in the next five years.Should stars of stage and screen get involved in politics, or is it best left to the professionals? Following the Hollywood awards season, where many a political viewpoint emerged among the acceptance speeches, we ask whether celebrities have a part to play in the poli
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Trump plans to hike military spending by 10%
28/02/2017 Duration: 55minDonald Trump plans to radically change government spending, increasing the defence budget by 10% paid for by slashing domestic programmes and foreign aid. We hear from Sharon Parrot of the independent Center on Budget and Policy Priorities in Washington DC.After the Oscars 2017 'Best Picture' mix up, we discuss how the accountants at PWC managed to mess the winners up with Erich Schwartzel, film industry reporter at The Wall Street Journal.We hear from the BBC's Yogita Limaye on how the withdrawal of high value rupee notes has hit agriculture and industry in India hard and Lucy Kellaway of the Financial Times gives us a masterclass in the art of persuasion.All this and more discussed with our guests throughout the show Ralph Silva in Toronto in Canada and Daisy Guo in Shanghai in China and Rahul Tandon in Kolkata.(Photo: US Military Parade. Credit: Getty Images.)
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Greek Debt Drama Returns
08/02/2017 Duration: 55minGreece's debt crisis burst back on to the economic and political agenda today following an extraordinary row at the top of the International Monetary Fund, the body overseeing the Greek government's bailout programme. In simple terms some of the IMF's board members think Greece's debt is "unsustainable", so some of it may need to be written off, whilst others passionately disagree. We'll have reaction from Athens from economist Dr Michael Arghyrou and journalist Katerina Btazak.The pledge to build a wall along the US-Mexican border was a key election promise from President Trump. The BBC's Hugh Sykes reports from the southern US state of Arizona on what businesses and politicians along the border make of the plans. It might sound something of an oxymoron - car companies looking to develop something other than cars - but that's apparently exactly what some of the biggest players in the industry are doing. Mark Garrison from the US business radio programme Marketplace explains all. The BBC's Fergus Nicoll w
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Tech Giants Turn on Trump
07/02/2017 Duration: 55minMore than 100 US tech firms, including some of the industry's biggest players, have filed a legal document stating that President Trump's immigration ban affects their operations and "inflicts significant harm" on business. Journalist Alison Van Diggelen will bring us views and reaction from Silicon Valley.The BBC's Daniel Gallas takes us through a significant meeting in South America, as the President of Argentina Maurico Macri, travels to talk cross-border trade with his Brazilian counterpart Michel Temer.From big tech companies, to smaller, more local ones now - we'll hear about the big ambitions for local social networking site Streetlife, from its founder Matt Boyes.The BBC's Fergus Nicoll will be joined throughout the programme from San Francisco, by the journalist Alison Van Diggelen and from Kolkata by the BBC's Rahul Tandon.PICTURE: Leading tech CEOs, including Apple's Tim Cook meet with President Trump in New York prior to his inauguration. (Photo by Drew Angerer/Getty Images)
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Business Backlash to Trump Travel Ban
31/01/2017 Duration: 55minSome of the most powerful business leaders in America have been among those to criticize President Donald Trump's plans to ban travel from seven mainly Muslim countries. In particular the bosses of some of the country's biggest tech firms have been quick to call on the President to think again. We'll hear from the billionaire chief executive of the cloud software firm, Stripe, Patrick Collison. We'll also hear diplomatic reaction, from a former US ambassador and government adviser Norman Eisen, and hear from Dr Betsy McCaughey, Republican Lieutenant Governor of New York State in the 1990s and an economic adviser to Mr Trump while he was the President-Elect.With almost daily stories about robots taking over everything from driving our cars, to our day to day jobs, are we all getting a bit hysterical about the prospect of artificial intelligence taking over our lives? Dr Chris Brauer from Goldsmiths University in London thinks so, and he'll tell us why. Throughout the hour the BBC's Rob Young will be joined
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As Obama Waves Goodbye, Confirmation of Team Trump Begins
11/01/2017 Duration: 55minIn ten days, President Obama will leave the White House. But as the current President gives his farewell speech in his home town of Chicago, key players from the team assembled by the man set to replace Mr Obama in just over a week, President elect Donald Trump, are being confirmed to their cabinet posts in Washington. And many eyes will be on Mr Trump;s pick as Secretary of State, the former oil boss, Ex ExxonMobil chief executive Rex Tillerson. Jordan Fabian, White House Correspondent for The Hill tells us why.A lack of investment spending in emerging markets is strangling economic growth in those countries. That's the warning from the World Bank in its annual global forecast. The report's lead author, Franziska Ohnsorge, talks to us about that, China, and trying to get a read on the Trump administration.It's the swankiest week of schmoozing and high powered financial dealing of the year, and all against the backdrop of the snowy Swiss Alps. But why is the World Economic Forum in Davos such a pull for t
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VW chiefs 'hushed up emission cheating'
10/01/2017 Duration: 55minThe ongoing fall-out from the Volkswagen emissions scandal took another twist in the US today as court papers revealed VW executives knew about emissions cheating two months before the scandal broke. It follows the arrest at the weekend of Oliver Schmidt, who was in charge of VW's US environmental regulatory compliance office from 2012 until March 2015. He was arrested on Saturday on charges that he took part in a conspiracy to defraud the US and VW customers. The company has said it can't comment on an ongoing legal matter, but what might the latest details mean for VW in the United States? Professor John Coffee of Columbia Law School joins us. It's been divided for more than 40 years, but could the European island of Cyprus soon become a reunified, single state once again? We'll hear views from both the north and the south, and assess the chances of success with Christiana Erotokritou, parliamentary spokeswoman for the Democratic Party in the Republic of Cyprus. How far is too far when it comes to comprom
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Russia Hacking Claims:Trump Says No Effect on Election
07/01/2017 Duration: 55minA US intelligence report says that the Russian president Vladimir Putin "ordered" a hacking campaign to help Donald Trump win the presidential election. The unclassified and cut-down version of the report was released shortly after Mr Trump was briefed by intelligence chiefs. John Bussey, Associate Editor of the Wall Street Journal in New York considers whether the President - elect is convinced about the hacking incidents.In the aftermath of Britain's vote to leave the European Union, the organisation is facing criticism that it's failed to sell a convincing vision for the future. Despite this, Serbia want to join the EU.. Under the leadership of Prime Minister Alexander Vucic, the country has undergone a major privatisation campaign - and is recording consistent GDP growth of nearly 3 percent. Vladimir Krujl is Serbia's Chief Economist for EU Accession - and when he came into the Business Matters studio Fergus Nicholl asked him why Belgrade is still hoping to join the EU.A free co-working movement launched
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Chicago Facebook 'Torture' Video: Should there be more safeguards?
06/01/2017 Duration: 55minSeveral disturbing incidents have been streamed on Facebook Live, including one of a mentally disabled man being severely assaulted. Business Matters asks, whether with other sites like Periscope too, live broadcasting is now open to all - so is this a welcome expansion of free speech or a risky way of giving a vast audience to extremists and criminals? Jon Fingas, associate editor at Engadget comments.The farming community in Britain receive more than three and a half billion dollars a year from Brussels. But this will change when Britain leaves the European Union. Brexit is the theme for two farming conferences taking place at the moment. The BBC's Caz Graham got the views of some young farmers there about the uncertainty of what Brexit will mean for them.Roger Hearing is joined by Jason Abbruzzese, a Business Reporter at Mashable in New York, and Rosie Blau, China correspondent for the Economist in Beijing for comment throughout the programme.Photo Credit: JUSTIN TALLIS/AFP/Getty Images
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What Will the World Make of New US Secretary of State Rex Tillerson?
14/12/2016 Duration: 55minAs President-elect Donald Trump confirms the Chief Executive of Exxon Mobil, Rex Tillerson, as his choice for US secretary of state and the former Texas Gov. Rick Perry to lead the Energy Department, we look at the implications of the appointments, for both the United States and the rest of the world. Professor James Goldgeier is Dean of the School of International Service at American University in Washington DC and gave us his thoughts. Also in the programme, the BBC's Coletta Smith reports from Reykjavik, Iceland, on the country's place at the head of a global league table for gender equality. Plus we hear from Bill Gates who has just launched his latest start-up - a billion-dollar project to turn good clean energy ideas into successful money-making schemes. It's called Breakthrough Energy Ventures - and he talked about it with David Brancaccio of Marketplace on American Public Radio.As US debt approaches the $20trillion mark within weeks, possibly days, of Donald Trump's arrival in the White House, we disc
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Palm Oil Producers Battle Environmentalists
13/12/2016 Duration: 55minThe big Palm Oil company Olam has been accused of using suppliers that may use unsustainable practices in parts of Southeast Asia and West Africa. The claims against the agricultural commodities trader were made in a report by a US-based environmental lobby group called Mighty Earth. The Singaporean company that has a majority share in Olam, called Temasek, insists that it's always been in support of ethical land clearance practices - and Olam itself has vehemently rejected the allegations. Glenn Hurowitz of Mighty Earth spoke to us from Washington DC.The Cuban government has signed a deal with Google's parent company - allowing the internet giant to provide faster access to its data by installing servers on the island that will store much of the company's most popular content. A little while earlier, another agreement was being signed between Cuba and the European Union - covering issues such as trade, human rights and migration. Will Grant is our Havana Correspondent - more from him on the Google deal.The w
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Obama Orders Review of Attempts to Hack US Election
10/12/2016 Duration: 55minThe Obama White House hasn't always had the easiest of relationships with the Kremlin during his eight-year tenure, and it doesn't look like it's about to get any cosier. And that's because President Obama has ordered US intelligence agencies to investigate all cyber attacks and alleged foreign interventions in US presidential elections - and he wants the results on his desk before he leaves the White House on January twentieth. It was of course alleged during the campaign that Russia was amongst those states looking to interfere in the election. Hannah Kuchler who covers cyber security for the Financial Times in San Francisco explains more. It's a country the size of a continent, but the potential sale of private land of more than 1 per cent of the Australian landmass has caused controversy. We'll hear why the purchase of the Kidman estate is causing such concern from Danny Samson live in Melbourne. Plus, the Malaysian delegation shopping in London for data-savvy professionals to boost its growing tech secto
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Corruption in Kenya: A Special Report
09/12/2016 Duration: 55minWith the presidential election looming in the key East African economy of Kenya, the issue of corruption looks to be high on the political agenda. It was of course a key cornerstone of Donald Trump's US presidential election campaign, where he pledged to "drain the swamp" and rid Washington of corruption, so how bigger factor could it be in Kenya's presidential race? Vivienne Nunis reports from Nairobi. It's been described as the World's "forgotten war," yet the bloodshed in Yemen shows no signs of ceasing. Our security correspondent Frank Gardner reports from the Saudi Yemen border.Chief executive pay - it's a topic which regularly sees temperatures run high, and governments scratch their heads about how to control the gap between the highest and lowest earners. But now the US city of Portland in Oregon thinks it might have come up with an answer. The New York Times' Gretchen Morgenson tells us about the city's controversial new tax. The former British Prime Minister David Cameron says it cost him his job,