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The latest business and finance news from around the world from the BBC

Episódios

  • Update: Biden administration backs lifting vaccine patent protections

    Update: Biden administration backs lifting vaccine patent protections

    05/05/2021 Duração: 12min

    The US government has backed a temporary suspension of intellectual property rights for Covid-19 vaccines in a move likely to enrage the pharmaceutical industry, which strongly opposes a so-called waiver. Shares of the major coronavirus vaccine companies were hit by the announcement but is it just an empty gesture? We speak to Jorge Contreras, Chair of the Open Covid Pledge, a group that is lobbying organisations to share their patents and copyrights in relation to vaccine efforts. And there's no status update for Donald Trump anytime soon; Facebook decides to uphold it's ban of the former US president. But is it up to big tech to decide who's on their platforms? We speak to Issie Lapowsky, Senior Reporter at tech site Protocol.

  • European Union updates industrial strategy

    European Union updates industrial strategy

    05/05/2021 Duração: 26min

    The European Union has revealed an updated industrial strategy for a post-pandemic world. The BBC's Andrew Walker talks us through the plan, which aims to cut dependency on Chinese supply chains in areas like semiconductors and pharmaceuticals. The EU also wants to become a leader in electric vehicle batteries, and Diego Pavia, chief executive of Innoenergy, which coordinates the European Battery Alliance, assesses that goal. And we examine the possible environmental impact of the new approach with Doreen Fedrigo of the Climate Action Network Europe. Also in the programme, college sports in the United States are a big business, but the athletes taking part have typically been compensated through scholarships rather than salaries. But there's now a drive across the country to pass laws enabling college sports stars to earn money through sponsorship, or name, image and likeness deals. Courtney Altemus is a financial advisor who discusses how college sports worked til recently. Hayley Hodson is a former volleyba

  • Update: Charities step up coronavirus support in India

    Update: Charities step up coronavirus support in India

    04/05/2021 Duração: 10min

    In what to many seems to be a vacuum at the heart of the government response to the crisis charities have stepped in to fill the gap. In the capital Delhi, members of the Shahi Bagh Wali mosque have been distributing oxygen cylinders to patients in urgent need. We hear from Pavinda Nanda of the United Sikhs a charity affiliated to the United Nations. Plus, Joe Saluzzi brings market reaction to remarks about inflation made by Treasury Secretary, Janet Yellen.

  • Pandora stops selling mined diamonds

    Pandora stops selling mined diamonds

    04/05/2021 Duração: 26min

    The world's biggest jeweller, Pandora, is switching from mined diamonds to lab-made. The firm's chief executive, Alexander Lacik, tells us what's behind the move.

  • Update: Apple in Epic battle

    Update: Apple in Epic battle

    03/05/2021 Duração: 09min

    The tech giant Apple, was in court on Monday defending itself against accusations that it is anti-competitive. The company making those claims is Epic Games which produces the hugely popular and lucrative, Fortnite. Adi Robertson, senior reporter for The Verge brings us the details. Plus, as a successor to Warren Buffett is announced at multinational conglomerate, Berkshire Hathaway, independent investment analyst Peter Jankovskis, tells us what this could mean for investors.

  • Google fails to remove rip-off ads

    Google fails to remove rip-off ads

    03/05/2021 Duração: 26min

    Google has failed to remove adverts for websites that charge for free government services. The BBC's Chris Fox explains how a number of adverts found among search results go against Google's own policies prohibiting fees to change information such as driving licence addresses, despite a pledge from the search engine to remove them. And we get reaction from Gareth Shaw, head of money for the UK consumer organisation Which? Also in the programme, we examine the future of music and arts festivals, as the industry hopes it can bounce back from the coronavirus pandemic. Andrew Trendell of music magazine NME talks us through the thinking of festival organisers about what sort of events might proceed this summer. Rasto Pruzinec organises the Uprising reggae and world music festival in Slovakia, and tells us how difficult it is to plan his event in August, when the scope of government restrictions that will be in force then is not yet clear. And Grace Barrett of the Telluride Bluegrass festival in Colorado discusses

  • Vaccines expected to dominate G7 meeting

    Vaccines expected to dominate G7 meeting

    03/05/2021 Duração: 22min

    Ahead of the full leaders' meeting later this year, the G7's foreign ministers will be hammering out their respective positions on global issues. The meeting will be held in London and alongside the seven; the UK, Canada, France, Germany, Italy, Japan, US - the EU and representatives from Australia, India, South Korea and South Africa will also attend. We hear from Graham Gordon, head of policy at CAFOD, an international development charity. And independent economist, Michael Hughes joins us with news of better than expected corporate results, plus, Kieran Maguire, a lecturer in football finance at Liverpool University, tells us what's behind a Manchester United fan protest which saw its game against Liverpool, postponed. And we'll hear about a dispute in the South China Sea from Professor Pankah Jha at the Jindal School of International Affairs in Delhi. Also in the programme, the EU has pledged to concentrate on what they call The Digital Strategy, billing it as a once in a generation plan. We hear from the

  • UPDATE: Brazil records highest ever unemployment rate

    UPDATE: Brazil records highest ever unemployment rate

    30/04/2021 Duração: 06min

    We get an update from Brazil which has recorded its highest ever unemployment figures. They were released in the week that the number of deaths from coronavirus in Latin America's largest country passed 400,000 people. We also hear the latest from the US markets from Chris Low from FTN Financial

  • Apple charged over anti-competitive app policies

    Apple charged over 'anti-competitive' app policies

    30/04/2021 Duração: 26min

    Apple has been charged with breaking EU competition rules over how it runs its App Store. It relates in part to a complaint brought two years ago by music streaming service Spotify, as Isobel Asher Hamilton of Business Insider explains. Also in the programme, the Eurozone has slipped back into recession, after recording two consecutive quarterly declines in economic activity. The BBC's Andrew Walker brings us the latest picture across Europe, and we also talk to Josh Fontaine, who runs three bars and restaurants in Paris, as France sets out a timeline for reopening. Plus, men seem increasingly to be seeking cosmetic treatments during the pandemic. The BBC's Ed Butler finds out why, and tries a wrinkle-smoothing procedure for himself.

  • UPDATE: US economy accelerates

    UPDATE: US economy accelerates

    29/04/2021 Duração: 11min

    In the first three months of 2021 the US economy grew at an annual rate of 6.4%. The figures were released shortly after President Biden outlined his proposals for an infrastructure overhaul for the country to a joint session of Congress. We consider the prospects for the US economy with Marc Goldwein of the Committee for a Responsible Federal Budget and Cary Leahy from Decision Economics. Today, India again reported record numbers of new cases and deaths. Many of India's largest companies are switching production to try and help the situation. The Tata Group is one of the countries oldest and largest companies. Its steel plant are now concentration on producing oxygen. We hear from Chanakya Chaudhary, the Vice President of Corporate Services.

  • US economy accelerates as recovery continues

    US economy accelerates as recovery continues

    29/04/2021 Duração: 26min

    In the first three months of 2021 the US economy grew at an annual rate of 6.4%. The figures were released shortly after President Biden outlined his proposals for an infrastructure overhaul for the country to a joint session of Congress. We consider the prospects for the US economy with Marc Goldwein of the Committee for a Responsible Federal Budget. Also in the programme, the BBC's Benjie Guy examines Brazil's palm oil industry, where some believe the pesticides used to produce the commodity are damaging people's health. Plus, to crack down on counterfeits, online auction site eBay is launching a scheme to authenticate high-value trainers on its platform in the UK. We find out more about the move from Courtney Wilkins of the exhibition Sneaker Con, who is also a trainer authenticator.

  • More than 200,000 die of coronavirus in India

    More than 200,000 die of coronavirus in India

    28/04/2021 Duração: 26min

    The coronavirus crisis has pushed past the grim milestone of 200,000 deaths in India. The BBC's Nikhil Inamdar tells us how the pandemic is causing an exodus of workers out of big cities, and considers the likely impact of the second wave on India's economy. Also in the programme, over the years a number of cities have changed their names. The latest is South Africa's Port Elizabeth, which is now called Gqeberha. The BBC's Matthew Davies explores why cities take this course of action, and asks whether part of the essence of a city's past is lost when its name changes. Plus, Malawi in south-east Africa has ambitious plans to transform its economy, which is currently largely sustained by growing tobacco. Blessings Chinsinga is professor of public administration at the University of Malawi, and discusses how hard it will be for the country to kick the habit.

  • Update: Googles parent company releases financial results

    Update: Google's parent company releases financial results

    27/04/2021 Duração: 13min

    Alphabet which owns Google and Youtube has released its latest quarterly results which show advertising revenue rising at an unexpectedly sharp pace as we hear from the New York Times' technology correspondent, Mike Isaac. And consumer confidence is up, according to The Conference Board, an independent research group; Kathy Bostjancic from Oxford Economics tells us why. Plus, Joe Saluzzi from Themis Trading in Jersey brings us a markets update.

  • Apple ad tracking row heats up

    Apple ad tracking row heats up

    27/04/2021 Duração: 26min

    Users will have to opt in to sharing their personal data across different apps, which makes it more difficult for social networks like Facebook to track their users' activity. The BBC's Jane Wakefield explains the changes, and we get reaction to the move from Austrian privacy activist Max Schrems. Also in the programme, the world's transition towards an electric car future is fuelling a rush for lithium, a primary component of the batteries. Chile is one of the world's largest sources of the metal, but as the BBC's Jane Chambers reports from the salt flats of the Atacama Desert, there are concerns big mining companies aren't doing enough to help indigenous communities living nearby. The electric carmaker Tesla revealed in its latest results that it earned $518m in the first three months of 2021 from selling emissions credits to less environmentally friendly carmakers. Jim Holder is editorial director of What Car?, and explains how the scheme works. Plus, the French winemaker Bollinger has bought Ponzi Wines

  • Update: Apple releases controversial software update

    Update: Apple releases controversial software update

    26/04/2021 Duração: 06min

    Apple has released its latest software update with a new tool that has forced a confrontation with Facebook over privacy; the BBC's Technology Correspondent Rory Cellan Jones explains the controversy. And independent economist, Peter Jankovskis updates us on the financial markets.

  • Italy eases coronavirus restrictions

    Italy eases coronavirus restrictions

    26/04/2021 Duração: 26min

    Shops and cinemas in Italy are reopening, whilst hospitality venues can now serve outside. Italian celebrity chef Alessandro Borghese runs a restaurant in Milan and gives us his reaction to the news. And we find out how Italy plans to spend more than $200bn from a European Union-wide recovery fund with Pietro Reichlin, who is an economist at Luiss University in Rome. Also in the programme, the collapse of Greensill Capital in the UK has drawn attention to the practice of supply chain financing, which Greensill was known for. Charlotte Bancilhon is from the consultancy BSR, and explains how it works. Nirav Choski is chief executive of India's CredAble, which offers such a service. And Alex Yang of the London Business School discusses how to mitigate the risk of problems with supply chain finance. Plus, a company called Mirriad has developed a technique that enables product placement in archive films and TV shows. Stephan Beringer is chief executive of the firm and tells us how it works.

  • Menthol cigarettes could be banned in the US

    Menthol cigarettes could be banned in the US

    26/04/2021 Duração: 22min

    The F.D.A. is under a court order to respond to a citizens’ petition to ban menthol cigarettes by April 29th. The deadline comes as President Joe Biden is considering whether to force tobacco companies to reduce nicotine in their products to a level that would stop them being addictive. We hear from Jennifer Maloney, a reporter with the Wall Street Journal. The electric car maker Tesla will unveil its quarterly results on Monday - they come as the company is trying to reassure Chinese consumers over safety concerns; Kerry Brown, a professor of Chinese Studies at Kings College London, tells us more. This week the Italian Prime Minister Mario Draghi is expected to explain how in order to help combat the fallout from the coronavirus pandemic, the government in Rome will spend as much as 220 billion euros of funding from the European Union's war chest, but is it enough? We get analysis from independent economist, Michael Hughes. The Oscars ceremony is underway in Los Angeles, but this year very few stars are walk

  • Authorities seek Turkish cryptocurrency exchange founder

    Authorities seek Turkish cryptocurrency exchange founder

    23/04/2021 Duração: 26min

    A hunt is on for the founder of the Thodex cryptocurrency exchange, who has disappeared. Faruk Ozer has apparently fled Turkey and his customers have been unable to log in to their accounts and access their assets. Tayla Bilgic is senior news editor at Bloomberg in Istanbul, and fills us in on the story. Also in the programme, a global semiconductor shortage has led to suspension of production at a number of carmakers around the world. We hear from chipmaker Intel's corporate vice president for global sales Shannon Poulin, why the firm believes the shortfall could last another two years. Plus, a $2.3bn loan from the International Monetary Fund to Kenya has attracted a storm of public protest, amid concern about the country's debt levels, and that the money could be stolen by corrupt officials. Kenyan musician Okoth Vicky tells us why he released the song 'Stop Loaning Kenya' in response to news of the loan. IMF mission chief for Kenya, Mary Goodman, discusses the safeguards the organisation is putting in plac

  • US plans to halve emissions by 2030

    US plans to halve emissions by 2030

    22/04/2021 Duração: 18min

    The US has unveiled an updated carbon pledge that will nearly halve its emissions by 2030. The announcement came at a virtual summit on climate at the White House, and Thanu Yakupitiyage of climate action group 350 gives us her response to the news. Paula DiPerna of international not-for-profit, the Climate Disclosure Project, tells us how companies have started to adapt ahead of government policy intervention. Avijit Das is chief executive of Eveready, which manufactures small wind turbines in Africa, and discusses what role wind power can play in the future energy mix. Also in the programme, there's a meeting at the World Trade Organisation devoted to a proposal from South Africa and India to temporarily waive patent protections on vaccines, in a bid to boost global vaccine supply. South Africa's trade and industry minister Ebrahim Patel makes the case for such a move. Plus, our regular workplace commentator, Peter Morgan, examines recent research by Microsoft indicating that many bosses may be oblivious to

  • US plans to halve emissions by 2030

    US plans to halve emissions by 2030

    22/04/2021 Duração: 26min

    The US has unveiled an updated carbon pledge that will nearly halve its emissions by 2030. The announcement came at a virtual summit on climate at the White House, and Thanu Yakupitiyage of climate action group 350 gives us her response to the news. Avijit Das is chief executive of Eveready, which manufactures small wind turbines in Africa, and discusses what role wind power can play in the future energy mix. Also in the programme, there's a meeting at the World Trade Organisation to discuss a proposal from South Africa and India to temporarily waive patent protections on vaccines, in a bid to boost global vaccine supply. South Africa's trade and industry minister Ebrahim Patel makes the case for such a move. Plus, our regular workplace commentator, Peter Morgan, examines recent research by Microsoft indicating that many bosses may be oblivious to the number of people who will be looking to move on from their jobs once the pandemic is over.

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