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Business Matters

Author: BBC World Service

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

189 Episodes
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The US Federal Reserve says it needs greater confidence that inflation is easing before cutting interest rates. We get the latest from our correspondent in New York. The housing market is one of the industries most impacted by the higher cost of borrowing. We hear from a buyer. And we have an exclusive interview with Pakistan's Finance Minister, Muhammad Aurangzeb, about the conditions the country has to meet after taking a loan from the International Monetary Fund. Roger Hearing discusses these and more business stories with two guests on opposite sides of the world: Karen Percy, a freelance reporter in Melbourne, and Alison Van Diggelen, host of 'Fresh Dialogues' in Silicon Valley.(Photo: A trader works inside a booth, as screens display a news conference by Federal Reserve Board Chairman Jerome Powell. Credit: Reuters)
The Binance founder Changpeng Zhao, who has been sentenced to four months in a US prison for failing to establish adequate anti-money laundering protections.Reports coming out of Washington suggest that the US government is about to take an historic step toward easing federal restrictions on cannabis.The lower house of congress in Argentina has given its general approval to a comprehensive package of austerity measures proposed by the President, Javier Milei. The house in Buenos Aires has spent over a day voting on individual articles of the various measures which have led to huge protests in the city in recent months. Also, China’s leaders have pledged more support for the world’s second-largest economy, saying it "still faces many challenges”; and the Bumble CEO Lidiane Jones says young women in tech have to be "resilient".Presenter Ed Butler is joined by Yves Hayaux Du Tilly, a Mexican lawyer who advises companies on business matters affecting Mexico and Latin America, and Jennifer Pak, the China correspondent for American Public Media, to discuss the latest international business news.(Photo: Changpeng Zhao. Credit: Benoit Tessier/Reuters)
Ed Butler presents with guests Kristina Hooper, who's Chief Global Market Strategist at Invesco, the investment firm in New York, and Jessica Khine, who's Head of Asia for the Japanese financial consultancy, Astris Advisory.They discuss the decision on scrapping coal-fired power stations made by the G7, the Premier League introducing new financial rules, and the story about the mining giants BHP and Vale who've offered to pay Brazil about $25.7 billion in total compensation for a 2015 dam disaster at an iron ore complex.Photo: Ratcliffe on Soar coal-fired power station, Jeremy Ball, BBC News
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations. US Secretary of State Antony Blinken has warned that Washington will act if China does not stop supplying Russia with items used in its assault on Ukraine.Also, in the programme, Roger Hearing finds out how important good manners still are in the business world and who created World biggest 3D printer.(Picture: U.S. Secretary of State Antony Blinken visits China. Picture credit: Reuters)
The US economy grew by less than forecast in the first three months of this year but inflation gathered pace, which could delay an interest rate cut.Official figures revealed the economy expanded at an annualised rate of 1.6%, far below expectations and the growth seen in the final months of 2023.Meanwhile, inflation, which measures the pace of price rises, has increased.(Picture: Retail sales drop in Britain, Huddersfield, United Kingdom - 21 Oct 2022. Picture credit: EPA-EFE/REX/Shutterstock)
The US Secretary of State Anthony Blinken is continuing his visit to China, there are tensions on many fronts between the world’s two superpowers, how will the trip pay out? We hear from Brian Wong, from the Centre on Contemporary China and the World, in Hong Kong.As TikTok vows to fight a new law which could see it sold or banned in the US, what could a ban mean for businesses who rely on it? And more than 40% of Japan’s municipalities might eventually vanish due to a sharp population decline brought on by a chronically low birthrate, what’s going on? (Photo Credit: Reuters)
The Federal Trade Commission has voted to ban so-called ‘non-compete’ agreements in a move which could affect millions of workers Under the moves, U.S. companies would no longer be able to bar employees from taking jobs with . But it’s likely to be challenged in court. One woman tells us how her family’s life was turned upside down by a non-compete agreement with a large tech company. Also on the programme Tesla sees its profits more than halve this year. The company has seen its profits more than halve this year, and says it will bring forward the launch of new models and cut thousands more jobs to try to reverse its fortunes.And research by German academics has found that we are increasingly pushing back the age at which we consider ourselves to be old. Nimal Ram, Professor of Psychology at Stanford University tells us more
We hear from the BBC's Nikhil Inamdar in the financial hub of Mumbai. Plus, in the tech hub of Bengaluru, first-time voters say it's really hard trying to get a job. Women are still very much a minority in workplaces. We ask female voters why?And writer Swati Narayan tells us why she thinks India is so unequal.
US lawmakers could vote on a bill that corners the app's owner ByteDance with a stark choice: to sell or be banned. Also in the programme, the French government addresses shrinkflation concerns with a new rule that will require stores to tell customers when a product becomes smaller but its price stays the same or increases. And we look into why sales of wine have dropped in China.Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Lori Ann LaRocco, senior editor of Guests at CNBC Business News, and Colin Peacock, presenter of Mediawatch on Radio New Zealand.(Picture: A view shows the office of TikTok in the US. Picture credit: REUTERS.)
Businesses in the South American nation have been told to shut down for two days due to power cuts caused by drought. We find out more.The Scottish government is to scrap its flagship target of reducing greenhouse gas emissions by 75% by 2030. We hear why.And Google terminates 28 staff who protested against a contract signed with the government of Israel.Rahul Tandon discusses these and more business stories with two guests on opposite sides of the world: Tony Nash, CEO of Complete Intelligence in Texas, and Jessica Khine, head of Asia for Astris Advisory Japan in Malaysia.(Picture: A saleswoman waits for customers at her restaurant in Ecuador. Picture credit: REUTERS/Karen Toro.)
President Jo Biden is set to call for a tripling of US tariffs on steel and aluminium. His demand for tariff hikes comes as he tackles fraught relations with China.A Boeing engineer has told US lawmakers that he was harassed and threatened after he raised concerns about the safety of the company's planes. We hear from engineers and their claims.The Michigan consumer sentiment survey suggests that despite the US economy doing well people are not very positive. We find out why from local Americans.[REUTERS/Elizabeth Frantz]
Flash floods have bought Dubai to a standstill. Devina Gupta speaks to a tourist from India who is one of thousands stuck at a mall The Mall of Emirates throughout the night after roads became gridlocked and the metro system stopped working.Also, the International Monetary Fund - is renewing its confidence in the American economy. The IMF report shows the US economy is set grow but what does growth mean for business owners? We speak to a restaurant owner in California about what this means for ordinary people trying to make a living.Plus, UK's smoking ban policy - what is it and its impacts on the tax revenues?
US electric car maker tesla has announced job cuts - is the ride getting rough for the global electric vehicle market? Also, should China face sanctions for buying oil from Iran? We speak to a Congressman from the US who thinks soPlus, the truth behind truth social continues as we look how Trump Media shares have been falling. And finally, is America’s immigration system broken? Our reporter Erin Delmore has been looking at the political and bureaucratic issues adding to America's labour shortage.[Image credit: REUTERS/Gonzalo Fuentes/File Photo]
On today’s programme we discuss the likelihood and nature of an Iranian attack on Israel. Also, find out why a hunger strike has begun on the island of Tenerife in response to the damaging effects of tourism on the Canary Islands. Plus, we head to Argentina and find out how they are grappling with high inflation. And finally, find out how an American Farm Grows $1,700-Per-Pound White Truffles…[Image credit: Reuters]
Joe Biden has pledged to protect the Philippines from any attack in the South China Sea. He made the comments at a White House summit with Philippine president Marcos and Japan's Prime Minister, Fumio Kishida. We look at the importance of the US economic relationship with Japan.President Biden has also introduced new rules aimed at tightening gun control in America. We discuss the prospect of additional scrutiny on firearms sales in the US.In Australia, demand for so-called granny flats is growing in Australia due to soaring rental costs. Nicole Gurran, Professor of Urban and Regional Planning in Sydney explains the current state of the housing market.Vivienne Nunis is joined by Stefanie Yuen Thio, Joint Managing Partner of TSMP Law in Singapore. And Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy.(Photo: President Biden Holds Trilateral Meeting With Japanese Prime Minister Fumio Kishida And Filipino President Ferdinand Marcos. Credit: Andrew Harnik/Getty Images)
Consumer prices in the US rose faster than expected last month. The CPI measure of inflation rose 3.5% over the 12 months to March, up from 3.2% in February, the US Labor Department said.How will the new law restricting abortion in Arizona affect the state’s clinics?Plus UK Paralympic legend Baroness Tanni-Grey Thompson tells us what she makes of the news that athletes will soon be paid for winning an Olympic gold medal.(Picture: Wad of U.S. paper bills - stock photo. Picture credit: Getty Images)
Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on?Also, in the programme, the presenter Roger Hearing finds out why some politicians have pushed back against New York City’s congestion charging plan.(Picture: Businessman using a mobile phone to check stock market data - stock photo. Picture credit: Getty Images)
More than thirty million people live along the path of the solar eclipse; many others have travelled to share the experience. NASA conducted experiments to study the Sun's atmosphere during the phenomenon. A quarter of Airbnb guests in the US with bookings for Sunday night were booked for a stay in the eclipse’s path.Also, in the programme, the presenter Sam Fenwick finds out why tens of thousands of people in the gaming industry sector have lost their jobs in the last few months and why Australian farmers relying on the weather broadcast.(Picture: Solar Eclipse in Mexico, Mexico City - 08 Apr 2024. Picture credit: EPA-EFE/REX/Shutterstock)
A rare earthquake that struck New York City has swayed landmarks and cracked roads. Roger Hearing has been speaking to an NYC based stockbroker who describes the moment of impact plus we hear from the Co-Director of the Global Resilience Institute Dr Daniel Aldrich about whether New York is prepared to withstand a quake of a larger magnitude.Also, on the program we find out about emerging economies joining U.S. and Europe in shielding domestic manufacturers from a rising tide of Chinese imports.Plus, Argentina struggles to fight against its lethal dengue season as insect repellents run low.Roger Hearing discusses these and more business stories with two guests from opposite sides of the world: Gabriella Castro Fontoura, Latin American business consultant and economist based in Uruguay, and Peter Ryan, ABC's senior business correspondent in Melbourne, Australia.[Credit: Photo by SARAH YENESEL/EPA-EFE/REX/Shutterstock]
We examine one the biggest property deals in Europe since 2022 as Gucci has splashed out on a new $1.3bn office in Milan. British businessman Joe Lewis is sentenced by a US judge to three years' probation for orchestrating an insider trading scheme. The BBC's New York business correspondent Michelle Fleury tell us more. Is Gen Z opting for blue collar jobs rather than going to college? We speak to the president of the American Welding Academy. Roger Hearing discusses these and more business stories with guests Yoko Ishikura, professor Emeritus at the Japanese Hitotsubashi University, and Alexander Kaufman, senior reporter at the Huffington Post.(Picture: A Gucci store in China. Picture credit: Kevin Foy.)
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Comments (5)

Rosalie Steame

These new technologies are changing how banks produce and deliver financial services to their customers, and are driving the involvement and provision of these services by fintechs and large technology companies. I recommend you read more about it here https://www.eliftech.com/insights/open-banking-regulations-and-psd2-explained/

Apr 17th
Reply

Steve C

why is the news in the podcast?

Nov 29th
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Ann Z

the guest speaker is ignorant and arrogant. but very confident about his view

Oct 22nd
Reply

Reese Vawham

I have heard it before!

Sep 11th
Reply

Reese Vawham

is this the wrong podcast?

Sep 11th
Reply
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