Business Daily

  • Author: Vários
  • Narrator: Vários
  • Publisher: Podcast
  • Duration: 636:09:04
  • More information

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Synopsis

The daily drama of money and work from the BBC.

Episodes

  • Romantic fraud

    28/05/2019 Duration: 17min

    The cruel multi-million-dollar business of scamming lonely hearts out of their money by posing online as the perfect lover.Vishala Sri-Pathma speaks to victim David in the UK, who gave almost $20,000 to a woman he met online and hoped to marry and start a family with, before discovering "she" was actually a fraudster. Meanwhile Australian Eliza tells of her amazement at the amount of homework the con artist she encountered must have done researching her background before attempting to swindle her.Such cases are becoming ever more common thanks to the internet, which enables scammers to mine would-be victims' social media sites for valuable information, while concealing their own identity on dating apps. David Clarke, chair of the UK fraud advisory panel, says it has made romantic fraud a valuable international criminal enterprise.(Picture: Woman looks at smartphone while biting lip; Credit: DeanDrobot/Getty Images)

  • Europe votes for uncertainty

    27/05/2019 Duration: 18min

    Election results leave the European parliament more fragmented than ever. The greens, liberals and far right are up. The traditional left and right, which have dominated European politics for decade, declined further. How will this affect business sentiment on the continent, as well as the EU's economic reform agenda?Ed Butler hosts a live discussion with Ben Butters of the European Association of Chambers of Commerce and Industry; Allie Renison, head of Europe and Trade Policy at the UK's Institute of Directors; and the BBC's economics correspondent Andrew Walker.(Picture: Young supporters of the European Green party react to exit poll results; Credit: Adam Berry/Getty Images)

  • India election: Modi's report card

    24/05/2019 Duration: 17min

    Indian Prime Minister Narendra Modi has secured another five-year term after winning a landslide general election victory. His Bharatiya Janata Party (BJP) looks set to win about 300 of the 543 seats in parliament, in what Mr Modi hailed as "a historic mandate". Fergus Nicoll has travelled to Mr Modi’s constituency at Varanasi on the River Ganges in Uttar Pradesh. Prime Minister Modi promised to clean up the river after decades of pollution. Professor VN Mishra has strong words for the Prime Minister on what needs to be done to save the river and modernise an outdated sewerage system. Outside the city, we meet the farmers for whom Modi has created a model village, complete with solar-powered street lights - and the farmers who are about to lose their fields to a big truck park. There are hundreds of thousands of workers who have concluded that their best prospects lie abroad, most often in the Gulf. It is a mixed prospect, with the promise of money to send back home, but prolonged absences can bring great st

  • The plastic in the ocean

    23/05/2019 Duration: 18min

    Why plastic ends up there and how to stop it. Stephen Ryan reports from the Ganges - a major source of plastic that ends up in the oceans. Manuela Saragosa speaks to Dr Hannah Ritchie of the Oxford University Martin School about the importance of plastic disposal. Professor Tony Ryan, a polymer chemist and sustainability leader at the University of Sheffield, explains why recycling is still the answer.Producer: Laurence Knight(Photo: A plastic bottle floating in the Pacific ocean, Credit: Getty Images)

  • The trillion dollar coach

    22/05/2019 Duration: 18min

    What Silicon Valley titans learned from an American football coach. Despite a fairly unspectacular career with the Columbia University college football team, Bill Campbell found himself guiding the leadership at the top of both Apple and Google simultaneously.One of his mentees was the former Google chairman Eric Schmidt, who speaks about the surprising contribution that someone with a background in sports and no knowledge of programming was able to make to the tech firm's spectacular rise, and why he thinks all companies should have a coach sit in on their board meetings.The nexus between sports and business has a long history, and another individual who embodied that was Niki Lauda, the Formula 1 driver who survived a horrific crash and went on to found a string of pioneering budget airlines in Europe. Manuela Saragosa speaks to Oliver Clark of the aviation news and analytics company Flight Global about the business legacy of Lauda, who died earlier this week at the age of 70.(Picture: Columbia Lions quarte

  • Education for all

    21/05/2019 Duration: 18min

    How can educators ensure that every child in the world - and particularly every girl - has access to a decent school? And how should the curriculum prepare young people for a workplace about to be transformed by artificial intelligence?Tanya Beckett hosts a debate in Dubai with Vikas Pota, chairman of the Varkey Foundation; Elizabeth Bintliff, chief executive of youth NGO Junior Achievement Africa; and Dr Amy Ogan, professor at Carnegie Mellon University. Plus Tanya speaks to Peter Kabichi, a Kenyan monk and science teacher, who was the winner of this year's Global Teacher Prize awarded by the Varkey Foundation.(Picture: Girl learning English in Lalibela, Ethiopia; Credit: hadynyah/Getty Images)

  • The meat-free burger

    20/05/2019 Duration: 18min

    Can a burger help save the planet? The Business Daily team try out the plant-based burger designed to convert meat eaters. Dr Marco Springmann from Oxford University explains why eating less meat can help slow climate change. Simeon Van Der Molen, founder and CEO of food technology company Moving Mountains outlines the future for the meat-free food industry.(Photo: a burger made by Beyond Meat, Credit: Beyond Meat)

  • A new port in India

    17/05/2019 Duration: 19min

    India's bid to capture a slice of global shipping. The east-west shipping line off the southern coast of India carries around 30% of the world's cargo. As container ships get bigger, the Kerala state government wants to build a deep-water container port at Vizhinjam. But the $1.2bn project has been badly delayed by Cyclone Ockhi in 2017 and by last year’s torrential rains and flooding in the region. Fergus Nicoll speaks to Karan Adani, CEO of Adani Ports and hears the concerns from a boat owner and fish vendors concerned for their livelihoods.Plus Stephen Ryan speaks to transgender workers on the Kochi metro in Kerala. (Photo: A container ship off the coast of Kerala, Credit: Getty Images)

  • The magic money tree

    16/05/2019 Duration: 19min

    Should governments spend more money? 'Modern monetary theory' or MMT is gaining traction, particularly in the US. It says governments should worry less about balancing the books. Its detractors call it the 'magic money tree'. Manuela Saragosa speaks to hedge fund founder Warren Mosler - the man who first proposed MMT - and economist Frances Coppola about the criticisms facing the theory.Producer: Laurence Knight(Photo: a magic money tree, Credit: Getty Images)

  • Climbing the student debt mountain

    15/05/2019 Duration: 19min

    Could a new scheme alleviate the crippling cost of university fees for young Americans, who have already accumulated a trillion and a half dollars in student debts?Dr Courtney McBeth tells Ed Butler how under the "income sharing agreement" scheme that she is piloting at the University of Utah, the amount that students repay depends on how much money they manage to earn in their future careers. This new approach frees graduates up to start a family or risk starting their own company, according to Charles Trafton, who runs a student loan marketplace called Edly.But the financing is provided by investors looking to make a profit, in contrast to similar government-run schemes in the UK and Australia. And according to David Robinson of British think tank the Education Policy Institute, this means that the US scheme may not do much to improve social mobility or meet the needs of the jobs market.(Picture: Coins stacks stepping up towards a money jar topped by a university mortar board; Credit: marchmeena29/Getty Ima

  • The cyber arms race

    14/05/2019 Duration: 19min

    Was the NotPetya attack, that struck Ukraine and then the world in 2016, a portend of potentially devastating cyber-wars in the future?Ed Butler goes back to ground zero of that sophisticated cyber attack to speak to Oleh Derevianko of the Ukrainian cybersecurity firm ISSP, and Valentyn Petrov who heads Ukraine's information security service. How did a piece of malware allegedly designed by Russia to devastate the Ukrainian economy go on to infect the computers of multinational corporations such as shipping firm Maersk and pharmaceutical Merck?Are such state sponsored attacks becoming more commonplace? And why has Russia - widely accused of being one of the worst perpetrators of such attacks - just passed new legislation to defend itself from a cyber attack in the future? We hear from Bryan Sartin, head of global security at US telecoms conglomerate Verizon, and Emily Taylor of the international relations think tank Chatham House.(Picture: Malicious computer programming code in the shape of a skull; Credit: s

  • The coming floods

    13/05/2019 Duration: 19min

    With the sea level rising and storms strengthening thanks to climate change, will much of the world's most valuable real estate find itself underwater?Justin Rowlatt visits London's main line of defence against the sea - the Thames Barrier - a hugely expensive piece of engineering that will need to be replaced by an even larger barrier later this century, according to its operator Steve East, and coastal risk manager Cantor Mocke.The oceans will eventually rise by two metres at the very least, says climatologist Ben Strauss of US think tank Climate Central, putting many of the world's great cities at severe risk of inundation. The giant global real estate investment firm Heitman has been looking at which properties in its portfolio are most at risk. Company strategist Brian Klinksiek tells of his fear that the market has yet to price in the cost of the giant storms of the future.The biggest city in the world vulnerable to the rising waters is Shanghai in China, and flood risk researcher Qian Ke of the Delft U

  • Disabled on Wall Street

    10/05/2019 Duration: 18min

    Getting more disabled people into the workforce. Manuela Saragosa speaks to Rich Donovan, a trader who forged a successful career on Wall Street with cerebral palsy. Alice Maynard, a business advisor on inclusion in the UK explains the challenges still facing disabled people at work. And blind skateboarder Dan Mancina talks about his career.(Photo: Wheelchair user at work, Credit: Getty Images)

  • Rebuilding an economy after two cyclones

    09/05/2019 Duration: 18min

    In Mozambique, Cyclones Idai and Kenneth did tremendous damage to the lives and livelihoods of millions of people in March and April. The country is still trying to get the crisis under control, as flooding, cholera and poor food and aid provision continue to threaten lives.Dorothy Sang is Humanitarian Advocacy and Campaigns Manager for Oxfam, and gives Ed Butler the view from the ground in Mozambique. Thoughts are turning as well to the future, as the economy based largely on subsistence farming and tourism attempts to rebuild. Rebecca Nadin of the Overseas Development Institute speaks to Ed about whether, and how much, reconstruction is actually possible, given that climate change is expected to cause more natural disasters to occur.(Picture: A flooded street of the Paquite district of Pemba, Mozambique on April 29, 2019; Credit: Emidio Jozine/AFP/Getty Images)

  • India's caste quota controversy

    08/05/2019 Duration: 18min

    Is Prime Minister Narendra Modi's tinkering with the reservation system nothing more than a bid to grab votes in the general election?India has long had a system of positive discrimination to enable people from lower castes to get political representation, government jobs and university places. But as Rahul Tandon reports, the Prime Minister's decision to broaden the quotas to include anyone from an economically deprived background, irrespective of caste, has proved divisive among voters.Ed Butler speaks to Ashwini Deshpande, economics professor at Ashoka University, who claims that Modi's move won't even help the underprivileged group it purports to. Plus former governor of the Reserve Bank of India, Raghuram Rajan, gives his considered opinion of the successes and failures of five years of economic policy under Modi.(Picture: An Indian voter queues to cast her vote; Credit: Money Sharma/AFP/Getty Images)

  • Netflix moves into Africa

    07/05/2019 Duration: 18min

    The video streaming service Netflix has announced a major push into Africa, with original series commissioned from around the continent.Netflix had already commissioned its first Nigerian original movie with 2018’s Lionheart, and a number of new projects have been announced, including the Zimbabwean musical animation Tunga. Ed Butler speaks to screenwriter Godwin Jabangwe about how he based it on the legends he heard as a child. Meanwhile Mahmoud Ali Balogun, a veteran Nollywood filmmaker, explains why he thinks Netflix will be good for the country's content creators. It won’t necessarily be smooth sailing for Netflix, however, as high data costs and poor connectivity mean many African viewers won’t get the same experience as those in more developed regions. Ed speaks to South African media analyst Arthur Goldstuck, and Hassana, a young Netflix user in north-western Nigeria.(Picture: the Netflix logo; Credit: Pascal Le Segretain/Getty Images)

  • The price of bread

    06/05/2019 Duration: 18min

    This global food staple used to account for half of some people's income. Dr Kaori O’Connor a food anthropologist at University College, London, explains how it became central to so many of our diets. Plus we’ll hear from Dominique Anract, President of the National Confederation of French Bakers who explains some of the rules of the bread industry. Renowned chef, Francisco Migoya tells us about recreating Roman loaves, and we hear from James Slater from Puratos who uses ancient grains to develop modern flours. Kevan Roberts spills the secrets of gluten-free baking and consultant Azmina Govindji tells us that carbs are not an evil that needs to be avoided.

  • The value of domestic work

    03/05/2019 Duration: 17min

    Housework and caring - is technology about to transform this essential but overlooked part of the economy?Manuela Saragosa speaks to Ai-Jen Poo, director of the National Domestic Workers Alliance in the US about why workers in the home still aren't valued, and to Megan Stack, author of Woman's Work, about the power employers have over domestic help. Professor Diane Coyle from the University of Cambridge explains why domestic work often isn't included in GDP figures.(Photo credit: Getty Images)

  • A four-day week?

    02/05/2019 Duration: 17min

    The campaign for a four-day working week is gaining traction, particularly in the UK. Manuela Saragosa hears from Lorraine Gray, operations director at Pursuit Marketing, a company that has already made the switch from five to four days. But Ed Whiting, policy director at the charity Wellcome Trust, explains why they decided against the change after a major consultation. Asheem Singh, director of economy at the Royal Society of Arts, warns that a shift to a four-day week could result in a two-tier economy.(Photo: A pin placed in a calendar, Credit: Getty Images)

  • The mega factory that never was

    01/05/2019 Duration: 17min

    Foxconn is causing a political headache for President Trump, as the Taiwanese manufacturer fails to deliver on a promise to build a 13,000-employee factory in Wisconsin.The LCD screen plant - which was intended to hire 13,000 local blue collar workers - was heralded by the US president as a win in his struggle to return manufacturing jobs to America. But while the Wisconsin authorities have spent millions of dollars preparing the ground, Foxconn itself has obfuscated.Ed Butler investigates what went wrong, and what it says more broadly about President's Trump's ambition to revitalise the US manufacturing sector. The programme includes journalist Josh Dzieza of The Verge, Harvard Business School professor Willy Shih, and chief economist Megan Greene of Manulife Asset Management.(Foxconn CEO Terry Gou (L) at the groundbreaking for the Foxconn computer screen plant in Mt Pleasant, Wisconsin, in June 2018; Credit: Andy Manis/Getty Images)

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