Business Matters

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