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Business Matters

Business Matters

Podcast Business Matters
Podcast Business Matters

Business Matters

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  • Brazil president rejects covid lockdown claims
    President Jair Bolsonaro rejects claims that he prioritised the economy over his peoples’ health in Brazil, as people give moving testimony to senators, who want to bring criminal charges against him. Latvia re-enters lockdown – evening curfew, home schooling and working from home are all back in place. We speak to investigative journalist Inga Springe. An oil tanker has been marooned in the Red Sea off the coast of Yemen for years – loaded with crude oil, and rusting away, it’s stuck near one of the world’s biggest shipping lanes. The BBC’s Ed Butler investigates why nobody is doing anything about it so far. Finally, the Frankfurt Book Fair, one of the biggest of its kind, is back: as people have dived in to reading during the pandemic to escape, we speak with Bodour Al Qasimi, founder and chief executive of publisher Kalimat, who is there. We discuss all this with guests Zyma Islam who is a journalist for the Daily Star in Dhaka, Bangladesh, and in Canada Ralph Silva, educator and broadcaster. (Image: President of Brazil Jair Bolsonaro. Credit: Andressa Anholete/Getty Images)
    10/21/2021
    52:23
  • NYC taxi drivers to go on hunger strike over debt
    The yellow taxi is a symbol of New York, but the industry has collapsed under compounding economic pressures, and many drivers say the city’s response has been woefully inadequate. Now they’re planning a hunger strike. Medallions are permits that allow drivers to own their taxis. Buying one used to be a path to a middle-class life. With prices reaching $1 million, buyers were pushed toward reckless loans, while the city made a profit. The drivers have lobbied for relief and the city’s Taxi and Limousine Commission has finally proposed a relief plan. We hear more from one of the drivers camping in front of the City Hall - Augustine Tang. Also in the programme, Credit Suisse Group is to pay $475 million to American and British authorities to resolve bribery and fraud charges related to a $2 billion scandal over Mozambican government-guaranteed loans which came to be known as tuna bonds - they were originally intended to help build up a domestic tuna fishing fleet in the country. A Credit Suisse subsidiary also pleaded guilty to a conspiracy charge in New York. Plus - the BBC's Clare Williamson reports on whether edible insects are likely to become a significant source of protein for humans in the coming years. And, the television show Squid Game has become streaming giant Netflix's most popular series. But it has led to a row between South Korea's SK Broadband and Netflix, as the internet service provider is suing Netflix to pay for costs from increased network traffic and maintenance work, thanks to the surge in viewers. PHOTO: New York City taxi drivers protesting/Augustine Tang
    10/20/2021
    52:28
  • Amazon denies misleading Congress
    The firm was questioned over its business practices and accused of copying other peoples’ products, and rigging search results to boost its own branded products. The US car giant Ford has unveiled a $300m plan to convert a plant in the UK to make electrical components. Plus, after a BBC investigation about online hatred against women, we hear from former Scottish politician Ruth Davidson and Love Island’s Kaz Kamwi about their experiences – and why tech companies aren’t doing as much as they could. And finally, Apple’s latest slew of products have proven to be lacklustre for some – the BBC’s James Clayton at the latest tech giant launch tells us why. We discuss all this with live guests Peter Morici, Professor Emeritus of International Business at the R.H. Smith School of Business at the University of Maryland, and in Hong Kong, Shuli Ren, Bloomberg Opinion columnist. Presented by Jamie Robertson, and produced by Gareth Barlow. (Image: Amazon CEO Jeff Bezos testifies via video conference during the House Judiciary Subcommittee last year. Credit:Getty Images)
    10/19/2021
    52:08
  • British member of Parliament dies after stabbing
    The British Conservative MP Sir David Amess has died after being stabbed multiple times at his constituency surgery in Essex, England. We get an update on the tragedy from Rob Watson, the World Service's political correspondent. Also in the programme, Italy has made it mandatory to prove Covid vaccination, or a negative test, to go to work. Thousands of workers at Trieste port have gone on strike over the mandate, and we get reaction to the new policy from Alessandro Borghese, who is a chef with two restaurants in Milan, and another opening soon in Venice. The BBC's Vivienne Nunis heads to the TED Countdown climate summit in Edinburgh, to find out about innovative approaches to tackling climate change. And Lucy Burton talks to Katherine O'Brien of the British Pregnancy Advisory Service about why women are deciding that it's not a good idea to have a baby in these uncertan times. Plus, we have a report from Arunoday Mukharji in India as the country's festival season gets under way. He hears that whilst there seems to be more enthusiasm on the streets compared to last year, it does not necessarily mean more business. Additionally, a report from Kai Ryssdal from our partner programme Marketplace; Kai has been speaking to the CEO of a flower deivery company to see how she's been affected by the last year. Lucy Burton is joined throughout the programme by Sinead Mangan of the ABC in Perth, Western Australia. (Picture: Conservative MP Sir David Amess. Credit: UK PARLIAMENT)
    10/16/2021
    53:17
  • Microsoft shutting down LinkedIn in China
    Microsoft is shutting down its social network, LinkedIn, in China, saying having to comply with the Chinese state has become increasingly challenging. It comes after the career-networking site faced questions for blocking the profiles of some journalists. We speak to author Greg Bruno, one of those who had his profile blocked in China. The BBC's Rahul Tandon reports on a power supply crisis in India, where more than 60% of the country's coal-fired power stations are suffering from fuel shortages. Also in the programme, pressure on the global supply chain is making plenty of things much harder to get hold of. The shipping industry group BIMCO's chief shipping analyst Peter Sand gives us his assessment of how best to tackle the problem. The crisis in global supply chains has been pre-occupying finance ministers at a global meeting in Washington DC. The BBC's The crisis in global supply chains is one of the big issues that's been pre-occupying finance ministers at a global meeting in Washington D. We get the latest from the BBC's economics editor, Faisal Islam, who is there. Plus, the band Coldplay have just announced a range of innovations aimed at making their next world tour as environmentally friendly as possible. Lead singer Chris Martin has been speaking to Colin Paterson, the BBC's entertainment correspondent. All this and more discussed with our two guests throughout the show: Hayley Woodin, a journalist in New York City and Patrick Barta of the Wall Street Journal in Bangkok, Thailand. (Picture: the LinkedIn login page on a tablet. Credit: Getty Images.)
    10/15/2021
    52:19

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