Business Matters

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Synopsis

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

Episodes

  • French products boycotted by Muslim nations

    27/10/2020 Duration: 54min

    Turkey's president calls for a boycott on French products - but do they work to stifle business, especially when driven by political or religious reasons? Plus, Japan has set itself an ambitious target to cut its harmful gas emissions to zero by 2050. We assess if they can do it. Cinemas are set to reopen in India, and we look at what it means for the Bollywood film industry, which has suffered hugely from halted productions during the coranavirus pandemic. We discuss all this with guests Tawnell Hobbs from the Wall Street Journal in Dallas, and Mehmal Sarfraz, co-founder of digital news site The Current PK in Lahore. (Image: Leaflet calling for a boycott of French goods are displayed in place of French products which have been removed in protest at a supermarket in Yemen. Photo by Mohammed Hamoud/Getty Images)

  • Trump nominee Amy Coney Barrett testifies in Supreme Court

    13/10/2020 Duration: 52min

    The President's nominee Amy Coney Barrett says she is 'honoured and humbled' to have been chosen by Donald Trump for a place in the US's top court. After the first day of confirmation hearings, we speak to Ilya Shapiro, director at the Robert A. Levy Center for Constitutional Studies' Cato Institute and author of Supreme Disorder: Judicial Nominations and the Politics of America's Highest Court. Stanford University game theorists Paul Milgrom and Robert Wilson have won the 2020 Nobel Economics Prize for their work on auction theory. We speak to Robert Wilson and ask how relevant auction theory is in the world today. And Australian scientists have discovered that the virus that causes Covid-19 can survive for up to 28 days on banknotes. Dr Debbie Eagles from the Australian Centre for Disease Preparedness tells us how much of a threat this could be. Jamie Robertson is joined throughout the programme by Simon Littlewood, president of AC Growth Delivered, in Singapore, and by Alexis Goldstein, activist and finan

  • Harris and Pence to face off in debate

    08/10/2020 Duration: 52min

    After a controversial debate between President Trump and candidate Biden last week, Vice President Pence and candidate Kamala Harris are set to face off in Utah. Emily Means, a reporter with KUER Public Radio in Utah, tells us what to expect at the debate in Salt Lake City. Also in the programme, President Trump's administration has unveiled a tightening of rules for H-1B visas, which allow tens of thousands of high-skilled immigrants to work in the US. The President says this will protect US jobs but Michael Clemens, economist at the Centre for Global Development, says the evidence does not support this. Maelle Gavet, a Silicon Valley executive and author of “Trampled By Unicorns: Big Tech’s Empathy Problem and How to Fix it,” joins to talk about this week's congressional report into the monopoly powers of Amazon, Alphabet, Google and Facebook. And as global temperatures rise, we take a look at the impact on the workplace. All through the show we'll be joined by Andy Uhler of Marketplace in Texas, and Patri

  • US tech giants accused of 'monopoly power'

    07/10/2020 Duration: 52min

    A report backed by US Democratic lawmakers has urged changes that could lead to the break-up of some of America's biggest tech companies. The recommendation follows a 16-month congressional investigation into Google, Amazon, Facebook and Apple. The BBC's James Clayton explains what's behind the report. Also in the programme, US President Donald Trump has said he is ending negotiations over a Covid-19 relief bill, and will only resume talks after the election. A significant number of bars in Paris have been forced to close for the next two weeks, as journalist Sophie Pedder explains. We take a look at how the Coronavirus pandemic is hitting low-income students, and might provoke long-term changes in the education system overall, with Eloy Ortiz Oakley of California Community Colleges. And a 400-strong ensemble of freelance musicians has played outside the UK Parliament to highlight the plight of the music industry during the current pandemic. Violinist Nicola Benedetti attended to support to the performers, an

  • Covid deaths approach one million

    29/09/2020 Duration: 51min

    As the number of deaths from coronavirus approaches one million, we hear how countries around the world have been handling the pandemic. Also in the programme, why are some of the world's leading cement producers making a public pledge to shrink their carbon footprint? Plus, Apple and Epic Games are back in court for another face-off over the online video game, Fortnite. And, we meet the founders of London-based start-up NewFade, which is on a mission to make wigs cool, with a focus on serving young black men. Presenter Sasha Twining is joined by Nicole Childers, executive producer of Marketplace Morning Report in Los Angels, and Bloomberg editor Samson Ellis in Taiwan. Picture: A stock photo of a man wearing personal protective equipment. (Credit: Getty Images.)

  • India suffers record economic stagnation

    01/09/2020 Duration: 51min

    We hear from businesses across India, as the country suffers a 23.9% fall in its economic growth, the worst on record, amidst one of the biggest single-day rises in coronavirus cases in the world. The start of the American presidential election campaign is in full swing, with the two candidates attacking each other over law and order, rather than the economy. And we'll hear the view from the English countryside on how a social media star stopped fears for the farming industry post Brexit. We discuss all this live with Nicole Childers, who is executive producer of Marketplace radio in Los Angeles, and Madhavan Narayanan, journalist and writer in Delhi. (Image: A woman handles India rupee notes. Credit: AFP PHOTO / ARUN SANKAR (Photo credit should read ARUN SANKAR/AFP via Getty Images)

  • Democrats host first ever 'virtual convention'

    18/08/2020 Duration: 52min

    Covid-19 restrictions and concerns mean that the only people attending in-person will be those necessary to orchestrating the event. Instead of 50,000 people gathering for the traditional calendar with days full of speeches, receptions and rallies, sessions will be streamed from the Democratic Party's social media channels and aired live on most US news channels. We discuss the ramifications with Simon Littlewood of AC Growth Delivered and political reporter Erin Delmore. Meanwhile, some of the richest people in Hollywood and Silicon Valley could be set to pay a state wealth tax but how much extra cash will it actually raise? And, Google has taken on the Australian authorities over a plan to make web giants pay news publishers for using their content. We'll look at what's at stake in a row that many say is unprecedented in Australia. (Picture: Kamala Harris and Joe Biden. Credit: Getty Images)

  • New hopes for coronavirus vaccine

    21/07/2020 Duration: 51min

    Alex Harris, Head of Global Policy at the Wellcome Trust and the BBC's Fergus Walsh tell us about promising progress on a coronavirus vaccine. Video-sharing app TikTok has denied that it is controlled by the Chinese government; Emily Taylor, associate fellow with the International Security Programme at Chatham House, tells us why countries like India and the US are not reassured by TikTok's guarantees about the safety of users' data. Office workers are still in many cases, working from home and there is a growing realisation that this is having a huge knock on effect on small retailers who rely on that footfall. The BBC's Dougal Shaw meets one retailer in London, whose family-run chain of small shops sells gift cards, wrote to the BBC explaining his plight. Civil rights leader and congressman, John Lewis, died last week; we hear about his life from Erika Alexander, co-founder of Color Farm Media and producer of the film John Lewis: Good Trouble. And our regular workplace commentator, Pilita Clarke, considers

  • Tech giants stop giving Hong Kong police user data

    07/07/2020 Duration: 52min

    Several countries have criticised China for imposing a new security law on Hong Kong, which they say threatens the territory's long-standing. Some of the world's largest social media and internet businesses - including Facebook, WhatsApp, Twitter, Google and Telegram - have all said they are "pausing" co-operation with requests for user information from the Hong Kong police, until they can assess the situation. The BBC's North America Technology Correspondent, James Clayton, tells us more. Meanwhile, could self-guiding, autonomous ships be the future? And, we talk to Hollywood Reporter Contributing Editor Jonathan Handel about how streaming a production of the musical Hamilton may just have given Disney's new online service an enormous boost. We discuss the implications of all these stories, and more, with Nicole Childers, executive producer of Marketplace Morning Report, and Economist Andy Xie. (Picture credit: Getty Images)

  • Apple ditches Intel

    23/06/2020 Duration: 52min

    Intel had faced problems manufacturing its own designs, leading it to issue a public apology to computer-makers. Apple's challenge will be to carry off the transition smoothly to using in-house chips and convince third-party developers to update their apps accordingly. We talk to the BBC's James Clayton in California. Meanwhile, Saudi Arabia has banned international visitors from making the Islamic pilgrimage, or Hajj, this year in a bid to control coronavirus. However, locals will be allowed to attend, allowing the spirit of the Hajj to live on. We speak to Rashid Mogradia, founder and Chief Executive of the Council of British Hajjis. And can Rugby survive the lockdown? Teams are struggling to pay salaries and don't know when they can get spectators back into the stadia. (Picture: An iPhone. Credit: iStock Editorial/ Getty Images Plus)

  • India and New York become latest to ease lockdowns

    09/06/2020 Duration: 51min

    After three bleak months, New York looks to lift some of its harshest lockdown restrictions. Meanwhile India plans to do the same. There is a difference between the two places, though. New York is widely seen as having put the worst of its coronavirus outbreak behind it. However, India is reopening places of worship, restaurants and shopping malls, despite coronavirus cases continuing to soar and experts warning the nation is far from hitting its peak. Meanwhile, anti-racism protests around the world continue in the wake of the killing of George Floyd, adding extra pressure to small businesses, hoping the end of lockdowns will bring a path to normality. The BBC's Rahul Tandon talks to Erin Delmore, a New York-based political journalist, and Sushma Ramchandran, an independent business journalist and columnist at the Tribune. Picture: Rickshaw driver in a face mask. Credit: Yawar Nazir

  • US may strip Hong Kong of special business relationship

    28/05/2020 Duration: 53min

    Washington may be about to strip Hong Kong of its special trading status with the US - we look at the interplay between the US, China and Hong Kong. Plus, we examine President Trump's move to try to regulate social media sites he says are stifling conservative views. And in Denmark, we head out to bars and restaurants, which are slowly beginning to re-open. Finally, a Canadian court has ruled that a Huawei executive should face a hearing to be extradited to America. The case has destroyed relations between Ottawa and Beijing, says our expert. We speak about all this with live guests Ralph Silva of the Silva Research Network in Toronto, and Mehmal Sarfraz, a journalist and co-founder of the Current PK website in Lahore.

  • €8bn bailout for French car industry

    27/05/2020 Duration: 52min

    The French government has announced an €8bn rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic. President Emmanuel Macron's proposal includes €1bn to provide grants of up to €7,000 to encourage citizens to purchase electric vehicles. We hear more from Karl Brauer, Executive Publisher of Cox Automotive. We ask how Airbnb can survive the coronavirus hit to its business model and the BBC's Elizabeth Hotson looks at how fake coronavirus cures are being sold and who's buying them. Also on the programme, the life of Stanley Ho, who has died at the age of 98. The King of Gambling, as he is known, made billions of dollars from his casinos to become one of Asia's richest men. JK Rowling is publishing a new book, The Ickabog, which will be given away for free to entertain the millions of children stuck in their homes due to the lockdowns. We here more from Emma Pocock who writes for Forbes and for the leading Harry Potter fan site, The Leaky Cauldron. Plus, we're joined throu

  • Top UK adviser refuses to quit for lockdown actions

    26/05/2020 Duration: 52min

    We talk to the BBC's Politics Correspondent, Rob Watson about what Dominic Cummings' future may hold. With our special guests Sushma Ramachandran, of the Tribune in Delhi, and Tony Nash, of Complete Intelligence in Houston, Texas, we talk about how India and parts of the United States are easing their lockdowns. We also look at how many people are looking to change careers, whether forced to or not. (Picture: British Prime Minister Boris Johnson's Special Adviser, Dominic Cummings returns to his home in London. Picture credit: European Photopress Agency)

  • 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 G

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