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The latest business and finance news from around the world from the BBC
Verbose description of the podcast.
All the BBC World Service music podcasts gathered into one place. New documentaries will be added intermittently. Only available in the UK.
Pubs, restaurants, beauty salons and non-essential shops have reopened with the easing of lockdown restrictions across England. We hear from the heart of London’s shopping district and from a pub garden near Reading.And Peter Jankowskis brings us up to date with the day's movements on Wall Street.BBC World Service による
Pubs, restaurants, beauty salons and non-essential shops reopened today with the easing of lockdown restrictions across England. We hear from the heart of London’s shopping district and the BBC’s Elizabeth Hotson who has been speaking to customers at a London pub. Also, the new President of Tanzania, signed a billion dollar crude oil pipeline deal …
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US car production hit by semi-conductor shortage
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Ford and General Motors will both curtail production from this week, as they struggle to cope with a shortage of semi-conductors which are used in technology like anti-lock brakes. We get the latest from Michelle Krebs, an executive analyst with Cox Automotive.After several nights of violence in Belfast, will foreign investors be put off from North…
Cary Leahey from Decision Economics in New Jersey brings us the latest markets news and we look ahead to this year's Black British Business Awards with the event's organiser, Melanie Eusebe.BBC World Service による
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World’s biggest vaccine-maker facing supply chain woes
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The Serum Institute of India, the world’s biggest maker of vaccines, has accused Europe and the United States of holding back vital raw materials needed for production. We hear from Adar Poornawalla, the chief executive of the vaccine manufacturer, who says India’s requirements will be made a priority. In addition, procurement specialist, Simon Gea…
We get a markets update from Susan Schmidt at Aviva Investors in Chicago.BBC World Service による
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Amazon boss Jeff Bezos backs corporate tax hikes
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There is a growing consensus between western governments that corporations should pay more tax on their profits. The debate was revived this week by US Treasury Secretary Janet Yellen. Amazon’s Jeff Bezos has said he supports raising taxes on US companies. Alex Cobham of the Tax Justice Network discusses the proposed changes to the current tax regi…
The rich are getting richer according to Forbes' latest billionaires list - we hear from Kerry Dolan, Assistant Managing Editor of Wealth at Forbes. Plus Joe Saluzzi from Themis Trading in New Jersey brings us a markets update.BBC World Service による
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Credit Suisse axes top executives and bonuses amid huge losses
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Credit Suisse replaced two key executives and cut bonuses amid the fallout from two major business relationships. Greensill Capital and hedge fund Archegos Capital Management, which were linked to the Swiss banking giant, imploded in recent weeks with major losses. Peter Hody from Finews.com in Zurich gives his insight on Credit Suisse and its invo…
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UPDATE: US calls for minimum global corporation tax
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US Treasury Secretary Janet Yellen has called for a minimum rate of corporation tax around the world - The BBC's Michelle Fleury explains what the Biden administration is hoping to achieve. Also in the programme - as Senate Minority leader Mitch McConnell hits out at companies protesting against Georgia's new election law, Professor of Law Ciara To…
As the UK moves towards the end of a series of lockdowns, the government will offer residents in England two rapid coronavirus tests each week. We hear from Health Minister Edward Argar about what to expect and Lord Bilimoria of the Confederation of British Industry discusses the importance of frequent mass testing to get the economy going again. A…
The British Prime Minister on Monday will announce details of a covid status certification scheme that is being developed in England to enable concerts and sporting events to resume. Meanwhile, in India, Maharastra state goes back into lockdown after a spike in coronavirus cases and the Pope, in his Easter message, urges a faster vaccine rollout fo…
Employers in the US added 916,000 jobs in March as vaccinations spread and restrictions ease. We hear from the BBC's North America Business correspondent Sumira Hussein, in New York.BBC World Service による
The idea of coronavirus vaccination passports is catching on in some countries. We examine the arguments for and against their introduction with Professor Melinda Mills of the University of Oxford, and the BBC's Adrienne Murray talks us through Denmark's digital vaccine passport scheme, Coronapas, which will come into use there next week. Also in t…
Cary Leahey of Decision Economics in New York explains why the S&P 500 stock market reached a record high at the end of the day's trading on Wall Street.BBC World Service による
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Vaccine makers 'should work with poorer countries'
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WTO head Ngozi Okonjo-Iweala calls for a rethink by companies over coronavirus vaccines. She urges pharmaceutical firms involved to make enough for everyone in the world, or voluntarily hand their technology to developing countries, citing AstraZeneca's deal with India's Serum Institute. We hear from Dr Okonjo-Iweala, and examine the issues raised …
US President Joe Biden has unveiled the details of a spending plan aimed at re-igniting America's economic growth. It aims to upgrade its crumbling infrastructure and tackle climate change. We get reaction from the BBC's Anthony Zurcher in Washington DC. And we get market reaction and the rest of the news on Wall Street from Susan Schmidt of Aviva …
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Deliveroo shares drop 30% on stock market debut
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Deliveroo shares have fallen on its stock market debut after a number of major UK investors expressed concerns about its gig economy worker model. We hear from Sophie Lund-Yates at investment company Hargreaves Lansdown about what this means for the food delivery app service. Also in the programme, a new World Economic Forum report reveals that the…
Another financial lender has warned it could lose billions after a crisis at a US investment fund sent shockwaves through markets. Japan's Mitsubishi UFJ joins the banks Credit Suisse and Nomura in disclosing big potential losses in recent days.At the centre of this is the previously little-known company, Archegos Capital Management. Despite all th…
Amid forced labour concerns, latex gloves by Top Glove are being seized by US authorities. Phil Robertson is deputy Asia director of the campaigning organisation Human Rights Watch, and explains allegations about the Malaysian company's labour practices. Meanwhile, Rosey Hurst, director of UK-based consultant Impactt, which had been brought in by T…
As two of the world's biggest banks warned of huge losses following a crisis at an American investment fund, independent markets analyst Peter Jankovskis tells us what the market impact has been.BBC World Service による
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Credit Suisse and Nomura warn of hedge fund hit to profits
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Switzerland's Credit Suisse and Japan's Nomura have seen their shares take a sharp fall after warning they could face losses of billions of dollars. The two large banks lent money to crisis-hit US investment fund, Archegos Capital, which was forced to liquidate billions of dollars’ worth of shares last Friday. We hear from Financial Times Correspon…
Efforts to refloat a grounded ship blocking the Suez Canal continue; with hundreds of vessels waiting to use the waterway, Madhav Durbha, vice president of supply chain strategy at Coupa, takes us through the financial implications of the incident. The European Union will hold a conference this week to consider funding economic recovery in Syria, b…
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Update: Suez Canal blockage causes backlog in the Red Sea
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The Ever Given container ship has been stuck since Tuesday despite efforts to move it, and a backlog of ships waiting to pass through it continues to grow. Rose George travelled along the Suez Canal when researching her 2013 book 'Ninety Percent of Everything' and tells us more about the world of container shipping.We hear from Dorothy Brown, a law…
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Coronavirus: EU stops short of vaccine export ban
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EU leaders stopped short of banning Covid-19 vaccine exports amid a row with AstraZeneca. Natasha Loader from The Economist explains why relations between the vaccine manufacturer and the EU have become so protracted. And the BBC's Jayne McCubbin has visited a plant in Wales filling vials of vaccine for AstraZeneca to find out more about the produc…
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Update: Huge container ship remains stuck in the Suez Canal
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The Ever Given remains wedged across the canal despite attempts to pull it free. We ask Angus Blair, professor of practice at the American University of Cairo's Business School, how this will affect Egypt, as well as international shipping.Also in the programme, the heads of the three biggest tech giants have been answering politicians' questions a…
Efforts continue to move a container ship that is blocking the Suez Canal. We find out why it is proving such a challenge from Guy Platten, secretary general of the International Chamber of Shipping. Also in the programme, retailer H&M faces a backlash in China after expressing concern about Uighur Muslims in Xinjiang. Emily Feng is Beijing corresp…
India has placed a temporary hold on all exports of the Oxford-AstraZeneca coronavirus vaccine. We speak to Prashant Yadav from the Centre for Global Development about what's causing the squeeze and what it could mean for the global vaccination effort. The Suez Canal, which carries 10% of global trade, has been blocked by a container ship.LoriAnn L…
The Suez Canal, which carries 10% of global trade, has been blocked by a container ship. Sal Mercogliano is an expert in maritime history at Campbell University in North Carolina, and discusses the implications of the incident. Also in the programme, Germany's government has outlined a plan for how to pay for its unprecedented support for workers a…
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Black families in Chicago to receive reparations in historic first
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Sixteen black families living in a suburb of Chicago are to be given twenty-five thousand dollars each, in the first reparation for housing discrimination ever carried out in the United States. The families live in Evanston – an area that has pledged to distribute ten million dollars over a decade. Robin Rue Simmons, the Alderman of Evanston’s Fift…
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Germany imposes strict Easter coronavirus lockdown
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Germany will impose a near complete halt over Easter, in response to a coronavirus surge. Current lockdown restrictions have also been extended by three weeks, and David Meves, owner of Club Michel restaurant in Frankfurt tells us about the impact it will have on his business. And Erika Solomon of the Financial Times discusses whether this is likel…
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Update: Western countries sanction China over Uighur rights abuses
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China responded with its own sanctions on European officials. It has denied the allegations of abuse, claiming the camps are "re-education" facilities used to combat terrorism. Meanwhile, flooding in Australia has forced 18,000 people to be evacuated in New South Wales and women's sport takes a big leap forward in Britain as the BBC and Sky pick up…
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US AstraZeneca Covid vaccine trial confirms efficacy
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A US trial of the Oxford AstraZeneca coronavirus vaccine shows it's safe. Plus, a spring clean in space, two satellites have been launched from Japan with a special mission.BBC World Service による
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Thousands evacuated from homes in Australia as floods worsen
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Thousands of Australians are set to be evacuated from their homes as severe flooding in the Sydney area worsens - our correspondent Phil Mercer brings us the latest. Also on the programme; Saudi Arabia's state-run oil giant Aramco posts a huge loss in profits. And we speak to the silversmiths behind some of sport's most iconic trophies.…
The first face to face meeting between the new US administration and top Chinese officials has ended in Anchorage, Alaska. US officials say two days of talks with their Chinese counterparts have been tough and direct. We hear from the BBC's State Department correspondent Barbara Plett Usher who's in Anchorage. Plus, Chris Low at FHN Financial bring…
Twenty-one million people in 16 areas of France begin a new month-long Covid lockdown. The BBC's Hugh Schofield in Paris tells us about the likely impact on businesses in France, and the government's deficit. Also in the programme, there's a new phase of international port diplomacy, where major economic powers are helping to construct ports to hel…
As equity markets slide we get analysis from Cary Leahey of Decision Economics.BBC World Service による
The US and China are holding their first high level talks since Joe Biden was inaugurated. Dr Rebecca Harding is an international trade analyst at Coriolis Technologies, and tells us what is likely to be top of the agenda. Also in the programme, the Australian media mogul Rupert Murdoch turns 90 this month, and the BBC's Ed Butler examines his lega…
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Update: The EU threatens to restrict coronavirus vaccine exports
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The head of the European Commission has threatened to restrict coronavirus vaccine exports if third countries do not also allow exports in a reciprocal and proportionate way. We hear from French MEP, Veronique Trillet Lenoir. Plus Susan Schmidt from Aviva Investors brings us the latest news from the financial markets.…
The Philippines aims for economic recovery after the pandemic ended 21 years of growth. Benjamin Diokno is the governor of the central bank of the Philippines, and explains what role his institution might play towards achieving the goal. Also in the programme, the European Commission has published proposals for a digital Covid vaccine certificate, …
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Update: Europe still divided over AstraZeneca vaccine suspension
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France, Germany, Spain and Italy want further clarification before reinstating the jab, as the European Medicines Agency is expected to give its verdict tomorrow. We speak to Natasha Loder, health policy editor at The Economist. And we get an update from Joe Saluzzi from Themis Trading in New Jersey on the day's movements on Wall Street.…
We examine technologies that might lead to greener steel production, and ask who will pay. Professor Veena Sahajwalla of the University of New South Wales in Australia discusses her research into using waste such as car tyres to produce the metal. We hear about Swedish steelmaker SSAB's hydrogen manufacturing process, which is being piloted to prod…
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Update: WHO says there's no link between the Oxford-AstraZeneca vaccine and blood clots
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The WHO's conclusion came after several European countries have suspended the use of the Oxford-AstraZeneca vaccine, including France and Germany. But as the numbers of Covid-19 cases rise in Europe, what will this mean for the vaccine rollout? We speak to epidemiologist Dr Maria Sundaram.Volkswagen has announced plans to increase its car battery p…
Italy is battling another wave of coronavirus. Schools and non-essential businesses have been forced to close across more than half the country.BBC World Service による
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Most of Italy to shut down to tackle rising Covid-19 cases
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The entire country will be put on lockdown for three days over the Easter weekend. We hear what this will mean for businesses, and speak to Aurelio Gandola, who runs a bar and restaurant on Lake Como. We also get an update from Brazil, where new Covid-19 infections are at their highest rate. We speak to epidemiologist Dr Pedro Hallal.The music indu…
Covid-19 is set to prompt radical long term changes to how we live and work, so what lessons can be learnt when we eventually emerge from the pandemic? Could the changes in the way we work herald higher productivity and happier people in the future?We hear the stories of the people who managed to thrive during a very difficult year, including the m…
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Hong Kong pro-democracy tycoon Jimmy Lai detained
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Hong Kong media tycoon and pro-democracy supporter Jimmy Lai has been charged with fraud. We hear from Mr Lai in his last interview before being detained, and get a sense of the mood for businesses in the city from Mike Bird of the Wall Street Journal. Also in the programme, Ivana Davidovic reports on China's war against food waste. China's leader …
Indian classical music is an art form that’s been in the making for thousands of years and has exponentially grown in popularity, seeing a 70% increase in people taking exams in the UK alone. First mentioned in its simplest form in the Hindu scriptures known as the vedas, some 3,500 years ago, we tell the story of how the music has educated and lib…
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It Jus' Keeps Rolling: The Story of Ol' Man River
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In 1927 Jerome Kern and Oscar Hammerstein created Ol’ Man River to bind their breakthrough Broadway musical Show Boat. Giving it an almighty showstopper. Audiences were carried away as ‘Joe’, the ordinary black labourer, took centre stage to sing of toil and suffering in the land of cotton along the banks of the Mississippi. From the beginning it t…
Aretha Franklin, for fifty years the Queen of Soul, with a voice of unique quality and who suffered a difficult and troubled life, has died at the age of 76. Jumoke Fashola hears from musicians, fans and producers from different parts of the world about what made Aretha Franklin’s music special. It Includes contributions from South African singer L…
