
Business Daily
2,165 episodes — Page 31 of 44
The rise of amateur day traders
When shares in the apparently declining games company Gamestop soared almost 2000% in less than a month, the world’s attention was drawn to an army of amateur investors on new mobile trading platforms such as Robinhood. Investment author Ann Logue breaks down what makes these amateur traders different from regular day traders, and we’ll hear from one such amateur on the ups and downs of playing the market. Professional investor Bill Brewster speaks about what responsibilities the new investing apps have in making sure their users are informed both about the risks and how the apps actually work, and Barbara Roper of the Consumer Federation of America suggests where regulation can play a part. We’ll also hear from day trader and YouTuber HumbledTrader, who cautions people from getting into the game without doing their own research.Producer: Marie Keyworth.(Image credit: Getty Images.)
Satellites to breach the digital divide
Bridging the global digital divide, using satellites in space, is the dream of the world's richest men like Elon Musk of SpaceX and Jeff Bezos of Amazon. They're joined in a new space race to carpet the earth in satellite constellations with national governments, private companies and the recently rescued OneWeb, under the new ownership of the British government and Bharti Enterprises. Sunil Bharti Mittal, the executive Chair of OneWeb tells us why firing hundreds rockets skywards makes business sense, even in a crowded market. And he's promised to leave no-one behind. We also speak to Caleb Henry of Quilty Analytics who tells us about the players in the market and Victoria Samson of the Secure World Foundation warns of the dangers of a crowded Lower Earth Orbit. Presented by Ed Butler and produced by Clare Williamson. (Image: Lift off Vr, Credits: Roscosmos and Space Center Vostochny, TsENK)
Stormy seas for global shipping
We explore the twin crises affecting the shipping industry. First, thousands of seafarers are stranded far from home, unable to travel because of the coronavirus. Add to that congestion at ports across the globe and sky-high freight rates. The result? Unprecedented pressures on an industry that’s usually far from the public eye. We hear from stranded ship-workers and those trying to help them return home. And we speak to the importers and exporters struggling to stay afloat as shipping rates go up and up.(Image credit: Getty Images.)
Business Weekly
As protests continue against the military coup in Myanmar, Business Weekly hears how the army controls the country’s economy. Jeff Bezos has announced that he’s stepping down as Amazon chief executive so he can concentrate on other projects. We think about the good he could he do if he really put his mind - and his money - to it. And it’s a dog’s life - we hear how the trade in lockdown pets is booming. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
Moon landings and economic priorities
Manuela Saragosa speaks with economist Mariana Mazzucato, who argues that America’s Apollo programme, which landed people on the moon in the 1960s, has a lot to teach us about tackling some of the biggest economic challenges on earth today. Mazzucato is calling for a bolder, more visionary and interventionist state which would take on the UN's Sustainable Development Goals, among others. But would that work at a time of declining trust in government institutions and competence? And don't the UN's goals encompass societal challenges that are far more politically complex than Apollo's technological mission?(Image credit: Getty Images.)
What's a song worth?
Music streaming services have changed the game. We hear about their impact on artists' income from Tom Gray of the 90s British band Gomez. Plus, Merck Mercuriadis, whose music investment company Hipgnosis is spending billions of dollars buying the copyright to some the biggest music hits of the past 50 years.(Picture: dollar bills rain down on US pop star Miley Cyrus. Credit: Getty Images.)
Will the Olympics be postponed (again)?
Uncertainty continues to mount over this summer's delayed Tokyo Olympic Games, as Japan’s Prime Minister Yoshihide Suga announces he is extending a coronavirus state of emergency in Tokyo and nine other areas through March. Last year's unprecedented postponement was arguably the biggest peacetime decision ever taken in sport. But that would be completely overshadowed by an actual cancellation. Seijiro Takeshita of the University of Shizuoka gives the view from the Japanese business community. Sports sponsorship expert Tim Crow explains how a potential delay would impact sponsorship revenue, while US economist Andrew Zimbalist takes on the larger overall costs to Japan. And we’ll also hear from Olympic medallist Kristian Thomas about what it means for players.(Image credit: Getty.)
How the military controls Myanmar's economy
Myanmar's military has announced it has taken control of the country, a decade after agreeing to hand power to a civilian government. Tin Htar Swe OBE, Myanmar analyst and former editor of the BBC Burmese Service, recounts the history leading up to this emergent coup, and where it might lead. Meanwhile, Vasuki Shastry, Associate Fellow at Chatham House's Asia-Pacific Programme, explains how the military have shaped Myanmar's economy and what effect international sanctions might have on their continued hold on it. And Rocco Macchiavello, lead academic with the International Growth Centre Myanmar, explains how, or if, Myanmar can continue its high economic growth seen over the last decade.Producer: Frey Lindsay.(Image credit: Getty Images.)
Gamestop: Is it really a case of David vs Goliath?
What is Wall Street's role in the surge in Gamestop's share price? It’s been billed as a populist revolt against the financial behemoths of Wall Street: a global gang of small investors driving up the price of Gamestop shares, forcing losses on hedge funds. But is there more to this David versus Goliath story than at first meets the eye? Manuela Saragosa speaks to Alex Patton who trades in his spare time when he’s not at his day job in cybersecurity. She also speaks to former Wall Street professional Alexis Goldstein who now advocates for financial regulation and to Elizabeth Lopatto from the US technology website The Verge. (Correction: in the programme it was said that shares had risen 70% this year when in fact they rose 70% on Friday 29 January 2021)
Business Weekly
The UK has said it will impose strict restrictions on people travelling to the country in order to help stop the spread of Covid-19. Travellers from a list of countries deemed 'high risk’ will be put into hotels to quarantine. It’s a scheme used in Australia, where cases are now low. On Business Weekly, we hear how the economy there was able to open up after the first wave of infections. We get the latest on the farmers’ protest in India after this week’s rally turned violent. The end of the Google Loon project means very little in practical terms to people in rural Africa who need internet access. It never managed to deliver on its promise to connect up more of the continent. So, what’s next? Will Elon Musk’s Starlink project be the answer? And the director of the Virunga National Park in the Democratic Republic of Congo tells us how he had to protect the area from exploitative companies as well as armed militias. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
The pandemic pet boom
Homeworking has led to booming pet sales. What happens when people head back to the office? Sales of dogs, cats and all sorts of other pets have soared in the developed world over the past year amid lockdowns. It’s great news for pet care businesses. But animal rescue centres are braced for the worst when and if people start heading back into work again. (Photo credit: Getty Images)
The economic cost of closing schools
The economic costs of school closures amidst the pandemic could be huge. 2 billion school days have been missed so far around the world, and millions more are to come. Experts are warning of a lost generation with many children losing key skills to earn their way out of poverty. Even in the rich world, this cohort could see their future incomes fall considerably. So are governments paying enough attention? Does education have to be the trade off for public health and the economy in the pandemic? We hear from Stefania Giannini Assistant Director-General for Education, UNESCO who tells us that disadvantaged children will suffer the most, whilst Dr Randa Grob Zakhary, CEO, Insights for Education says that different countries have taken different approaches to education during the pandemic with starkly different results. Nisha Ligon is the co-founder of Ubongo, Africa’s biggest EdTech non-profit, who has had a busy year filling the demand for home learning in African countries with limited access to modern technology. Plus educational economist Eric Hanushek, a fellow of the Hoover Institution, Stanford University has been crunching the numbers on the impact on GDP and personal earnings for the current cohort of school children being locked out of school.(Image: School gates with closed sign. Credit: Press Association)
Kidnap in the Gulf of Guinea
Is there a new piracy crisis afflicting Africa's shipping lanes? And should the merchant ships in the region now be armed? Four men boarded a Turkish-crewed container ship out at sea in the Gulf of Guinea in West Africa on Saturday - they killed a crew member and took 15 hostages. Robert Peters, a senior analyst for west Africa at Ambrey, a company which boasts the largest number of maritime security personnel in ports across the globe, tells Ed Butler what happened. Ed also speaks to Munro Anderson, who works for Dryad Global, another security firm that specialises in shipping in the area who says he doesn't think the Nigerian government is doing enough to stop kidnappings in the region. But Amy Jadesimi who is the MD of Ladol, a free trade area within Nigeria's largest port in Lagos, says they are doing quite a good job. And Professor Anja Shortland is a lecturer in political economy at Kings College London. She's also written a book, Kidnap: Inside the Ransom Business, in which she analyses how the problem of piracy around the east African coast off Somalia was effectively contained. Ed asks her if there are lessons to be learnt from that experience.(Photo: Nigerian special forces sail to intercept pirates as part of an operation in 2019, Credit: Getty Images)
Gorillas, guns and oil
Virunga National Park in the Democratic Republic of the Congo is Africa’s oldest and largest wildlife park. Since 1925, it’s been home to some of the last mountain gorillas on earth. But it’s also home to armed militia groups and an ongoing battle for natural resources. The park’s rangers regularly put their lives on the line protecting the precious wildlife and the Congolese communities who live within the park’s boundaries. Two weeks ago, six rangers were killed. Emmanuel De Merode, the park’s director – who also happens to be a Belgian prince – tells us his extraordinary story. Despite huge challenges he remains optimistic that renewable energy and job creation can help steer the region’s next generation of Congolese away from a cycle of violence that has caused so much damage.(Photo: A mountain gorilla in Virunga National Park. Credit: Thierry Falise for Getty)Presenter: Vivienne Nunis Producer: Sarah Treanor
Covid: Rethinking wealth and fairness
How the Covid pandemic is changing the way we see wealth and economic fairness. The Covid pandemic has not only changed the way we work. It’s also exposed how little we value the kind of work that’s kept economies afloat amid lockdowns. We hear from a panel of guests about how that’s altered our view of the relationship between wealth and fairness - and ask whether it will lead to fundamental change. (Pic of carer with patient via Getty Images).
Business Weekly
As Joe Biden was sworn in as the 46th US president, business owners wondered what the new administration would do for them. We hear from some of them who tell us what they need from the President. We also look back at Donald Trump's economic legacy - will history look kindly upon his jobs and immigration policies? The director of hit Netflix series Lupin tells us why non-English language dramas are in vogue at the moment. Plus, why does honey taste different now compared to 60 years ago? Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
Biden's $15 minimum wage
The new US president's plan to introduce a $15 minimum wage has sparked debate. Manuela Saragosa speaks to Allynn Umel, campaign director at the Fight for $15 campaign, about why a federal rise in wages is overdue. Jacob Vigdor, professor of public policy and governance at the University of Washington in Seattle, discusses the pros and cons of a wage hike during a pandemic with Jack Kelly, founder of recruitment firm WeCruitr.(Photo: Demonstrators participate in a protest calling for a $15 minimum wage outside of McDonald's corporate headquarters on January 15, 2021 in Chicago, Illinois. Credit: Getty Images)
The practicalities of Brexit
The UK is three weeks out of the European single market and there have already been some teething problems. We hear from wine importer, Daniel Lambert and David Lindars of the British Meat Processors Association. Victoria Prentiss gives the government's view and we cross over to Belgium to hear from flower importer Kaat Baertsoen. Meanwhile, Sally Jones, Brexit lead with the consultants Ernst and Young picks through the fine details of the EU/UK trade deal. (Picture of Scottish seafood lorry by Tolga Akmen via Getty Images).
Joe Biden vs climate change
How the US is set to return to the fight against global warming. Justin Rowlatt speaks to Todd Stern, the US special envoy for climate change under Barack Obama, and to Rache Kyte, dean of the Fletcher School at Tufts University in the US, about plans to reverse the environmental policies of the Trump era. Christiana Figueres, who negotiated the Paris Agreement on climate change for the UN, tells us why she's excited by the return of the US to the global stage.(Photo: Wind turbines near Palm Springs, California, Credit: Getty Images)
Is Covid causing a shortage of medical oxygen?
Amidst rising Covid infection levels, we're looking at one alarming threat to health services from Brazil to Egypt - a lack of medical oxygen. Hospitals have been reporting running out altogether, with some critical care patients dying as a result. Where does medical oxygen come from and what is the problem with its supply? Ed Butler hears from Mike Grocott, professor of anaesthesia and critical care at the University of Southampton, as well as gas industry consultant John Raquet. Also in the programme, Pakistani comedian Shafaat Ali tells us what it’s like for patients forced to source their own oxygen to survive. (Picture: A man holds an oxygen tank in Manaus, Amazonas State, Brazil. Credit: Getty)
When will a Covid-19 vaccine be available to you?
Covid-19 vaccine rollouts across the world demonstrate huge global health inequalities. Many countries in the global south are struggling to access one of the vaccines currently available around the world. That's despite a global facility called COVAX, set up under the auspices of the world health organisation, tasked with helping low and middle income countries access vaccines. While rich countries have accumulated extensive supply deals some countries may have to wait until 2022 or later before supplies are widely available. We hear from Mesfin Teklu Tessema, head of the Health Unit at the International Rescue Committee and Fatima Hussein, a human rights lawyer and founder of the Health Justice Initiative in South Africa. Plus Sir Mene Pangalos. the executive vice president of biopharmaceutical R&D at AstraZeneca which developed its Covid-19 vaccine in conjunction with oxford university and has made it available on a not-for-profit basis.(Photo: an Israeli healthcare worker prepares a dose of the covid-19 vaccine. Credit: Getty Images.)
Business Weekly
It’s been a week in which the US president, Donald Trump, was suspended from his social media accounts and the social network Parler was taken offline. On Business Weekly, we explore the role these companies have in society and whether they facilitate free speech and cohesion, as they claim. Plus, the BBC’s Justin Rowlatt speaks to Tesla founder Elon Musk about money, electric cars and populating other planets. And it probably feels like a lifetime ago that any of us went to a cinema to watch a film, popcorn in hand. Will they ever return? Our reporter Vincent Dowd hears from the world's most northerly movie theatre about its struggles during the pandemic. And should you do what you love, or love what you do? We speak to pianist who ditched his passion to become an accountant. Business Weekly is produced by Matthew Davies and presented by Vishala Sri-Pathma.
Who owns colour?
Scientists, artists and some of the world’s biggest companies are carving up the visual spectrum, and claiming certain colours as their own, so who does have a right to use the colours of the rainbow? We explore the ongoing rift over the worlds “blackest black” Vantablack, which was created by engineering firm Surrey Nanosystems, and can only be used by the artist Anish Kapoor. Contemporary British artist Stuart Semple argues that creativity should not be limited by commercial agreements, while Surrey Nanosystems executive Ben Jensen explains that the material is not suitable for general use. Author Kassia St Clair explores the meaning and history of colour, and we hear how interpretations of colour have changed from Julie Irish, an assistant professor specialising in colour, at the College of Design in Iowa. Note: Surrey NanoSystems has clarified their material Vantablack isn’t toxic, as described by one speaker in this programme, but can be an irritant.(Picture of a colour splash via Getty Images).
Trump: The corporate backlash
Will it last and why have stock markets been shrugging off political developments? A slew of companies have cut off all funding to political parties in the wake of Trump-supporting mobs storming Capitol Hill after the President and other Republican politicians claimed the US election had been stolen. The list of firms who’ve halted funding through their political action committees - or PACs as they’re known - is long. JP Morgan Chase, Citigorup, Facebook, Microsoft, American Express, Morgan Stanley, the chemical company Dow, the hotel chain Marriott and the card company Hallmark which went a step further, admonishing their local senators. Manuela Saragosa speaks to Jason Karaian from the New York Times newspaper who says his paper has run an editorial calling on the country to look again at how corporate America funds the country’s politics. Plus Mohamed El Erian tells her why the share markets were unfazed by all of this.(Picture: US President Donald Trump. Credit: BBC.)
Should Trump be banned from social media?
President Trump's ban from various social media raises the question of their regulation. Are they right to ban him, and what are the implications? We ask Nancy Mace, a newly elected Republican representative of South Carolina. Cory Doctorow, blogger, author and activist in favour of liberalising copyright laws, says that Apple and Google can't blame inadequate moderation for their banning of social network Parler on their platforms. And we hear from Professor Shoshana Zuboff, author of a book The age of surveillance capitalism, who thinks the law will bring the beginning of the end of 'Big Tech'. .(Picture: Trump's Twitter profile showing the account is suspended. Credit: Getty Images.)
Forced labour in supply chains
China is forcing hundreds of thousands of Uighurs and other minorities into hard, manual labour in the vast cotton fields of its western region of Xinjiang, according to BBC reports. As a result, apparel companies are facing mounting pressure to withdraw from economic ties with the region, and certainly to stop buying cotton from there. Chloe Cranston of UK-based Anti-Slavery International lays out the case for why companies need to avoid Xinjiang. But as we’ll hear from Andrew Morgan of veteran thread supplier Coats, even though the moral imperative is there, the apparel industry is not completely unified in motivation for change. And we’ll hear from two companies, boutique fashion brand Eileen Fisher and global furniture mainstay IKEA, on their efforts to have an ethical supply chain. Producer: Frey Lindsay(Picture credit: Getty Images)
Choosing a career: Don't follow your passion?
When it comes to choosing a career, should you do what you love or learn to love whatever you do? A clip of Professor Scott Galloway of NYU Stern Business School saying "don't follow your passion" recently went viral. He tells us why you're better off finding something you're good at - and getting very good at it. Someone who did just that is Farid Gasanov. Instead of becoming a professional pianist and composer, he chose accountancy. But he now has his own firm and has time to compose pieces, and play them on the piano he has been able to afford.(Picture: Farid Gasanov playing his piano. Credit: Farid Gasanov.)
Business Weekly
In the week when a mob stormed the US Congress, Business Weekly examines the enormous task now facing President-elect Joe Biden. How will he unite the country and how will the new balance of power in Congress affect his economic agenda? Mr Biden’s campaign slogan was “Build Back Better” - we’ll ask whether the world will rise to the task of creating more equal societies once the pandemic is over. Nobel Prize winner Sir Angus Deaton says it’s possible. We’ll also get the secret to a good night’s sleep and hear why women are once again allowed to drive Moscow’s subway trains. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
What makes Elon Musk tick?
Elon Musk, the space pioneer and electric car guru, now ranks as one of the world's richest men, thanks to a surge in the value of shares in his company Tesla. In an interview from 2014, he tells the BBC's chief environment correspondent Justin Rowlatt what drives him to take on some of the world's most technologically challenging projects, and how he feels about the wealth he's accumulated over the years.
Can the Democrats make economic change?
The Democrats and President-elect Biden have won control of the US Congress after results came in from two elections in Georgia. Raphael Warnock and Jon Ossoff defeated Republican incumbents Kelly Loeffler and David Perdue respectively. Mr Biden will have a much better chance now of pushing through his legislative agenda. We'll hear from former President Obama's top economic adviser Jason Furman, about how this might shape the country's economic future, while Chris Low of FHN Financial in New York gives us Wall Street's reaction. We'll also be joined live by entrepreneur and former economic adviser under President Bush, Pippa Malmgren to discuss the night of violence seen in the country's capitol buildings.Producer: Frey Lindsay.(Image: A voter leaves a polling station on January 5, 2021 in Marietta, Georgia. Image credit: Getty Creative.)
Predicting the future of retail
With much of the world going back into stringent lockdowns and people warned away, or even outright banned, from physical stores and malls, some observers are suggesting this might be the moment online retail takes the dominant position. Others, however, say this is just the last of a long line of challenges for high street retail, and they’re not giving up without a fight. We’ll hear from branding consultant and futurist Karinna Nobbs as well as the self-styled “Retail Prophet” Doug Stephens.(Image credit: Getty Creative)
“Remote working” in the Indian Ocean
Pip Hare is currently sailing solo round the world in the Vendee Globe race, one of only a handful of women to attempt it. She speaks to the BBC’s Zoe Kleinman from the middle of the Indian Ocean, while preparing for a storm. We’ll hear about coping with isolation, the challenges of sleeping in 30 minute bursts, and why Pip was so committed to her teenage dream of becoming a professional sailor. (Picture credit: Pip Hare)
Thinking global, acting local
Lessons in rethinking the climate emergency from Sierra Leone and the US. We hear from mayor of Freetown Yvonne Aki-Sawyerr on her plans to plant a million trees, and make climate change relevant to the citizens of the rapidly urbanising capital city. Harvard’s Rebecca Henderson argues that capitalism can provide at least part of the solution, and companies need to price in climate damage, making them financially accountable.(Image credit: Getty Images)
Business Weekly
The UK has given the green light to the Oxford AstraZeneca Covid19 vaccine. It’s cheaper and easier to store than some of the alternatives - and the hope is that will make it easier to distribute globally. However, there are worries that production capacity and an unwillingness to share intellectual data might mean the poorest in the world won’t get the immunisation. We speak to Anna Marriott of Oxfam. Also on the show we’ll be mulling over the Brexit deal. We get the view from businesses both sides of the Channel about what the future will bring now the UK and EU have a new trade relationship. We also hear from former EU trade commissioner Cecilia Malmstrom who tells us what effect the divorce will have on the rest of the union. As the rest of the world continues to struggle with Covid 19, China is getting back to normal. We hear from Wuhan and Shanghai. Plus, food businesses discuss how they’ve adapted to survive during the pandemic. Business Weekly is presented by Lucy Burton and produced by Clare Williamson. (Image:University of Oxford researcher in a laboratory at the Jenner Institute, working on the coronavirus vaccine. Image credit: John Cairns/University of Oxford/PA Wire)
UK completes separation from European Union
A new era has begun for the United Kingdom after it completed its formal separation from the European Union. The UK stopped following EU rules, as replacement arrangements for travel, trade, immigration and security co-operation came into force. On today's programme, we'll hear how we got to this point with Marie Keyworth, and then Vivienne Nunis will tell us what's happening today. Then, Dr Anna Jerzewska, Director of the trade consultancy Trade and Borders and Allie Renison with the Institute of Directors will discuss the UK's trade opportunities in the future.Producer: Frey Lindsay.(Picture credit: Reuters.)
Millennial money management
What are the realities and responsibilities of young people when it comes to financial planning in a pandemic? Elizabeth Hotson talks to millennials who are trying to manage their money in one of the toughest economic periods since the financial crisis. We hear from Gaby Dunn, host of the Bad with Money podcast; journalist Ebony-Renee Baker who’s planning for herself and her family and Nick Hatter, a life coach who says younger people are far more fiscally responsible than they’re given credit for. Producers: Elizabeth Hotson and Sarah Treanor (Picture of cash via Getty Images).
Casual dining in a pandemic
Necessity is the mother of invention and Elizabeth Hotson finds out how restaurants and other food outlets - some of the most obvious casualties of the pandemic - have adapted to survive in 2020. We hear from Michael Ward, managing director of Harrods department store on how it’s looking to a domestic clientele to make up for the lack of overseas tourists, whilst JP Then, co-founder of Crosstown Doughnuts tells us how companies are incentivising their workers with his sweet treats. Briony Raven, Pret’s UK Food & Coffee Director explains how the high street chain had to learn new tricks and Thom Elliot from Pizza Pilgrims describes sending his products by post. Nicole Ponseca, founder of Jeepney in New York tells us about the ups and downs of a fraught 2020 and Dominic Allport from the NPD Group gives us the cold, hard figures. Produced by Sarah Treanor. (Pic of Regent Street in London by Elizabeth Hotson).
Lockdown lunches
How have our eating habits changed during a year when lockdowns have seen more of us cooking from home and fewer of us sharing meals out with colleagues? And can Zoom calls replace the networking coffee or dinner? Elizabeth Hotson speaks to one-time office workers for whom eating out was just part and parcel of life. Justin Urqhuart-Stuart, co-founder of Regionally casts doubt on the ability of remote working to replicate a true deal-making environment and Dominic Allport, an insight director at the NPD group tells us about the financial impact of the shifts in eating habits. Produced by Sarah Treanor. (Picture of takeaway food via Getty Images).
What’s next for China?
China is bucking a global trend and its economy is growing again. We hear from Wuhan and Shanghai, where restrictions have been lifted and companies are back in business. But the scars left by Covid-19 are still evident. We’ll also ask how ready China is for the challenges of 2021. The world’s second biggest economy is spending huge amounts on green technologies and clean power. Presenter Fergus Nicoll talks to Dr Sha Yu, Co-Director of the China Programme at the University of Maryland’s Centre for Global Sustainability, and Stefan Gsänger, Secretary-General of the World Wind Energy Association. Fergus is also joined by Yuan Yang, deputy Beijing bureau chief at the Financial Times and independent economist Andy Xie in Shanghai.(Picture: A worker in North China's Hebei Province, Dec. 17, 2020. Picture credit: Getty Images.)
Business Weekly
This week the roads running to the ports in the South East of England turned into a lorry park when continental Europe blocked arrivals from the UK– so Business Weekly takes look at trade and the travails of the global shipping industry. How has this vital sector fared during the pandemic? As France bans discrimination against regional accents we’ll ask whether the way you talk really affects your job pospects. The Chief Executive of the Royal Albert Hall tells us how this historical London venue is coping without box office sales - and we'll hear from the entrepreneurs who set up new businesses in the middle of a pandemic.Business Weekly is presented by Lucy Burton and produced by Clare Williamson.(Image: Lorries parked at Manston airpot while port of Dover closed Credit: Getty Images)
Will cities ever be the same?
This year has seen our cities coming under pressure as they struggled to withstand the impact of the coronavirus. City centres were deserted as shops shut and people stayed away. But in some city streets there was a new community spirit as people faced the pandemic together and supported neighbours they'd never met before. In this programme, Tamasin Ford investigates what the future could be for our cities, and asks how they need to change if they are to survive, and even flourish. We hear from architect Siri Zanelli; the mayor of Bristol in the south-west of England, Marvin Rees; transport planner Susan Claris; Singapore-based Lauren Sorkin, the head of the Resilient Cities network; Liu Qian of Greenpeace in Beijing, and Rosamund Kissi-Debrah who has been a campaigner for better air quality since the death of her daughter from asthma in 2013.(Image: Mumbai skyline in lockdown March 2020. Getty Images.)
Brexit talks continue ahead of likely deal
Talks between the UK and the EU on a post-Brexit trade agreement continued during the night, but a deal is expected to be unveiled on Thursday. Negotiators in Brussels are said to be trying to finalise details on fishing quotas, which have proved an obstacle to an agreement during months of talks. On the programme we'll hear from Sally Jones, Brexit lead at Ernst and Young, Charles Grant at the Centre for European Reform, as well as the BBC's Political Correspondent Rob Watson.(Picture credit: Reuters)
Cargo shipping in the pandemic
How the shipping industry has fared in 2020. Ed Butler speaks to Lars Jensen from SeaIntelligence Consulting about the ups and downs of the shipping industry during the pandemic, in a year that has seen a collapse in economic activity, but a boom in online shopping. And Bridget Rosewell, commissioner for the independent National Infrastructure Commission in the UK, explains why disruption to supply chains could cause businesses to rethink the way they ship goods around the world. (Photo: A cargo ship is unloaded at the UK port of Felixstowe, Credit: Getty Images)
Has the time come for a 4-day working week?
Unilever in New Zealand is the latest firm to trial a 4-day week without cutting pay. Manuela Saragosa speaks to Paddy Gamble, the CEO of Perpetual Guardian which manages trusts, wills and estate planning. A couple of years ago they put their 240 staff on a four-day week but paid them for five. He says productivity has gone up since they introduced it. Charlotte Lockhart runs a global campaign for a 4-day week and she says its easy to do and its doesn't cost very much. But Marc Effron, president of The Talent Strategy Group, a global human resource management consultancy firm says a four day week doesn't actually improve productivity.(Picture credit: Getty Creative)
Selling Christmas in 2020
How do brands strike the right tone in their Christmas adverts when many consumers have taken a financial hit? Elizabeth Hotson goes on an advertising odyssey and talks to Sarah Traverso, Group Director of Integrated Marketing and Content for Coca-Cola in the US, a company so central to Christmas advertising that some think Coca Cola invented Santa Claus. A myth quickly debunked by Ann Christine Diaz, the creativity editor at Advertising Age. What is the secret behind a successful Christmas campaign? A question for Simon Lloyd from DentsuMB, who was until recently the creative director of the advertising agency behind the John Lewis department store Christmas adverts. Global advertising spend is expected to contract by 10% ( $63bn) this year and with people spending so much time at home during the pandemic, the focus has gone to online advertising and social media, as James McDonald, Head of Data at the World Advertising Research Center, explains. Producer: Elizabeth Hotson(Photo: socially-distanced Santa Claus in a mask in New York City, Getty Images)
Business Weekly
On Business Weekly this week, we examine the potential big trouble for Big Tech. Regulatory bodies around the world are looking to tighten the rules that govern the digital world. Concerned by issues relating to both the web content and the business conduct of some of the big technology companies, legislators from the US to the EU are trying to re-write the digital laws. We look at what this could mean in practice for Silicon Valley. We also look at dry ice – how it works and the important role it will carry out in the distribution of the Pfizer Covid-19 vaccine, as well as the possible implications that could have for drinks industry. Plus, while Zoom business meetings are all the rage now, how long before virtual reality takes them to the next level? And we discuss the joy of traditional Christmas correspondence and find out why young people are starting to send greetings cards again. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
Cannabis in the USA: An illegal tax-paying business
America’s cannabis industry is worth tens of billions of dollar and it generates tax revenues and jobs. But it is barred from accessing most financial services. This is because, while legal in an increasing number US states, cannabis remains illegal at a federal level. We hear what it’s like running a cannabis business from Ken Churchill of the West Coast Cannabis Club in California. Emily Dufton, author of Grass Roots: The Rise and Fall and Rise of Marijuana in America, explains how the US went from "Just Say No" in the 1980s to yes now. And Robert Hoban, a lawyer who specialises in cannabis, explains why two currently empty Georgia Senate seats could determine whether the Biden administration can fulfil its pledge to decriminalise cannabis.(Picture: purchasing legal marijuana at a dispensary. Credit: Getty Images.)
The monopoly case against Facebook
Why US regulators want to break up the social media giant. The US Federal Trade Commission (FTC) and dozens of US states are arguing that Facebook is a monopoly that harms consumers. Ed Butler speaks to tech and anti-trust researcher Dina Srinivasan about why data privacy is at the centre of the arguments over Facebook's monopoly power. Former FTC chairman Bill Kovacic explains why breaking up the social media giant is still a distant possibility. And the BBC's technology correspondent Rory Cellan-Jones discusses the rising anti-tech sentiment among both US and European regulators.(Photo: Facebook, Whatsapp and Instagram logos. Credit: Getty Images)
Meeting in the virtual world
Could virtual offices provide an alternative to endless Zoom calls? Ed Bulter speaks to Jeremy Bailenson, director of Stanford University's Virtual Human Interaction Lab, about the phenomenon of 'Zoom fatigue', and why virtual reality could provide a solution. Phillip Wang, CEO of the startup Gather, shows us round his virtual office platform that combines video conferencing with old-school video game graphics. Ed tries out a meeting in virtual reality with Anand Agarawala, CEO of the VR platform Spatial. And Marc Bena from PwC explains why interest in virtual meetings is growing among businesses.(Photo: A virtual meeting on VR platform Spatial, Credit: Spatial)
Trusting the algorithm
Artificial intelligence is increasingly part of our daily lives - in health, in transport, entertainment and much more - but how many of us actually trust the algorithms that drive it? Rolls-Royce says it’s now developed a system, called the Aletheia framework, that gives IT engineers in any sector a way of testing whether their AI systems are making decisions that are safe and trustworthy. The aerospace company says it's making the framework available for free to all. Manuela Saragosa speaks to Caroline Gorski from Rolls-Royce who helped develop the Aletheia framework. She also speaks about AI's trust issues with Dame Wendy Hall, Professor of Computer Science at the University of Southampton in the UK and Chair of the Ada Lovelace Institute. Plus Pag Miles from the global recruitment company Alexander Mann Solutions, explains how the Aletheia framework might help his industry which is increasingly relying on AI to select and match candidates to jobs.