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Business Daily podcast

Business Daily

The daily drama of money and work from the BBC.

The daily drama of money and work from the BBC.

 

#300

Business Weekly

As the Swiss bank Credit Suisse is fined $475m for participating in Mozambique’s tuna bonds fraud, on Business Weekly we find out how the southern African country was devastated by the scandal. Also, we hear how a decaying oil tanker marooned off the coast of Yemen could trigger a major environmental and humanitarian disaster. The SFO Safer is loaded with hundreds of tons of crude oil - so why is it just being left to rot? Plus, we report from a climate conference in Edinburgh where delegates are being encouraged to come up with new ways to cut carbon emissions, including a innovative and surprising diet for cattle. Business Weekly is presented by Lucy Burton and edited by Matthew Davies. ... Read more

23 Oct 2021

50 MINS

50:00

23 Oct 2021


#299

Big fat Indian weddings

Are the days of the big fat Indian wedding over? Since Covid Indian weddings have got a lot smaller. But will they go back to what they once were? Rahul Tandon speaks to bride to be Yashaswini Singhdeo, mother of the bride Meenal Singhdeo, Sandip Roy author and columnist, Ambika Gupta wedding planner and owner of the A cube project and Parul Bhandari a sociologist from the Indian centre of social sciences and humanities . (Photo: Indian couple hold hands during a wedding ceremony. Credit: Amir Mukhtar/Getty Images) ... Read more

22 Oct 2021

17 MINS

17:28

22 Oct 2021


#298

'Fixing' Facebook's algorithm

The social media giant's algorithm has been accused of amplifying divisive content and disinformation. Could regulating it make Facebook a kinder platform? Ed Butler speaks to the BBC's Silicon Valley correspondent James Clayton about the latest revelations from Facebook whistleblower Frances Haugen, and renewed demands for a crackdown by US lawmakers. Former Facebook data scientist Roddy Lindsay explains how Facebook's alogrithm became the focus of criticism of the platform, and how a change to the law could solve it. Daphne Keller from Stanford's Cyber Policy Center explains the legal minefield when it comes to regulating what social media users can say, and what platforms can promote, online. (Photo: Frances Haugen testifies in Congress in October 2021, Credit: Getty Images) ... Read more

21 Oct 2021

18 MINS

18:04

21 Oct 2021


#297

Ticking timebomb in the Red Sea

Decaying oil tanker could trigger an environmental and humanitarian disaster. The FSO Safer is marooned off the coast of Yemen in the Red Sea, close to one of the world's biggest shipping lanes. A massive oil spill or explosion from it could disrupt global trade for months and lead to an environmental and humanitarian catastrophe. It's loaded with hundreds of tons of crude oil, its hull is rusting and it hasn't moved in years. So why isn't anybody doing anything about it? Nominally the Safer is the property of the Saudi-backed Yemeni government. Right now though, both it and its multi-million dollar cargo are controlled by the Houthi rebels in Yemen. UN officials say the Houthis have broken an agreement to allow an inspection of the vessel. The Saudis accuse them of holding the world to ransom over the potential disaster. The Houthis disagree. Ed Butler speaks to Ghiwa Naket, the executive director of Greenpeace for the Middle East and North Africa, to Ben Huynh a researcher at Stanford University, to Hussain Albukhaiti a Yemeni journalist with close links to the Houthi leadership and to Peter Salisbury, senior analyst for Yemen at the International Crisis Group. (Picture description: Maxar Satellite image of the FSO Safer tanker moored off Ras Issa port, in Yemen. Picture credit: Getty Images) ... Read more

20 Oct 2021

17 MINS

17:29

20 Oct 2021


#296

Bug burger anyone?

Is the Western diet ready for farmed insects in food? Although insects are consumed by more than two billion people worldwide, acceptance of them in the Western diet is still low, but could that be changing? With climate change, a growing population and an increased demand for protein all putting pressure on our food system, insects offer an interesting and more planet friendly alternative to meat and fish. Malena Sigurgeirsdottir is the co-founder of Hey Planet which has just launched a meat substitute using buffalo beetle powder (that's the lesser mealworm or Alphitobius Diaperinus), in Denmark, Germany and Sweden. She tells us how great insects taste, especially when they're ground up. Professor Matan Shelomi, from National Taiwan University, Department of Entomology outlines how farming insects can have a much lower carbon foot-print than farming animals. Meanwhile in the UK, Kieran Olivares Whittaker has received millions of dollars in funding for his Entocycle project, researching the optimum way to farm black soldier fly larvae to feed fish and poultry instead of using soy and fishmeal which causes deforestation and overfishing. And we meet Aly Moore of Bugible who makes a living from eating and promoting bugs as a source of protein. Produced and presented by Clare Williamson. (Image credit: HeyPlanet burger; Credit: Hey-Planet.com) ... Read more

19 Oct 2021

17 MINS

17:29

19 Oct 2021


#295

Rethinking the future: cleaning up big emitters

We report from the Countdown summit in Edinburgh where fresh ideas to fight climate change are taking centre stage ahead of the UN climate talks, starting in Glasgow later this month. Vivienne Nunis hears from the business leaders and scientists coming up with new ways to cut carbon emissions in some of the world’s dirtiest industries. Mahendra Singhi is the boss of Dalmia Cement, one of India's biggest cement manufacturers. He tells us how his company plans to become carbon neutral by 2040. In the accessories market, Modern Meadow co-founder Andras Forgacs and CEO Anna Bakst explain how their plant-based leather alternative could shake up fashion supply chains. And what if cows everywhere could be made to emit lower levels of methane when they burp? Biologist Ermias Kebreab says adding seaweed to their diet could be key. Producer: Sarah Treanor Image: A cow chewing cud. Credit: Getty ... Read more

18 Oct 2021

17 MINS

17:28

18 Oct 2021


#294

Business Weekly

Millions of people in Afghanistan are living in extreme poverty as prices rise and salaries go unpaid. There are warnings that hunger will follow the devastating drought, just as the cold weather sets in. How will the world respond to calls for help? Business Weekly hears from development economist and former World Bank expert in Afghanistan Dr William Byrd. Plus, as the supply chain gets clogged across the world- we’ll ask how they can be made more resilient? We also hear from Berlin, where voters have said yes to a radical plan to help make housing more affordable. And as William Shatner blasts off into space, we ask if the 90-year-old actor can be called an influencer? Business Weekly is produced by Matthew Davies and presented by Lucy Burton. ... Read more

16 Oct 2021

50 MINS

50:33

16 Oct 2021


#293

Eyes on climate: new ideas to fight global warming

As the world turns its attention to addressing climate change, Business Daily is in Edinburgh. We bring you an inside glimpse of the conversations setting the agenda ahead of the UN climate conference COP 26, which starts in Glasgow in just over two weeks. Here in the Scottish capital, the ideas company TED - famous for Ted Talks - is holding its own climate summit, Countdown. It puts CEOs, government ministers, philanthropists and activists all in the same room. Vivienne Nunis hears from Pacific Islander Selina Leem, who explains how her home country, the Marshall Islands, is already dealing with rising sea levels. Jim Snabbe, the chairman of the world's biggest shipping firm, tells us how Maersk plans to move to a new green fuel, while Denmark's energy minister explains his country's plans to vastly scale-up wind power production. Producer: Sarah Treanor Image: Selina Leem. Credit: Skoll.org ... Read more

15 Oct 2021

17 MINS

17:28

15 Oct 2021


#292

The supply chain's weak link

How disruption in a single port, factory or freight centre can cause global chaos. Ed Butler speaks with Stavros Karamperidis, an expert in maritime economics at the University of Plymouth, and Kent Jones, professor of economics at Babson College in the US. Meanwhile, chief economist at Enodo Economics, Diana Choyleva, explains how China's energy crisis will impact exports and the price we pay for goods, and Professor Marc Busch from Georgetown University explains why he thinks governments should leave big businesses to solve supply issues themselves. (Photo: a container ship is unloaded at a dock in the US. Credit: Reuters) ... Read more

14 Oct 2021

17 MINS

17:28

14 Oct 2021


#291

China's gaming crackdown

Why the government doesn't like video games, and what's next for China's gaming culture. Ed Butler speaks to Josh Ye, who covers gaming for the South China Morning Post, and Professor Steve Tsang, director of the SOAS China Institute. German professional League of Legends player Maurice 'Amazing' Stückenschneider describes China's current dominance in the world of eSports, and the damage that restricting playing hours could do, and Chinese games investor Charlie Moseley describes how the increasing pressure from authorities is affecting games developers in the country today. (Photo: League of Legends players at a tournament in Shanghai, Credit: Riot Games Inc via Getty Images) ... Read more

13 Oct 2021

18 MINS

18:08

13 Oct 2021


#290

The economics of older mums

Why many women are delaying motherhood, how is technology helping, and what does the law say about all things fertility and the workplace. Zoe Kleinman speaks to lawyer Louisa Ghevaert, to Dame Cathy Warwick, chair of the British Pregnancy Advisory service, and others. (Picture credit: Getty Images) ... Read more

12 Oct 2021

17 MINS

17:28

12 Oct 2021


#289

The economics of donkeys

There are an estimated ten million donkeys in sub Saharan Africa, many providing crucial roles supporting the livelihoods of low income families. We explore why these beasts of burden are so important to the economics of the region, and how demand from China for the skins of donkeys is worrying many across Africa. We visit a donkey sanctuary in Lamu, Kenya, and speak to one campaigner trying to stop the slaughter of donkeys for the export of their skins. We also hear how donkeys support economic freedom for women, from Emmanuel Sarr, regional director for the charity Brooke, based in Senegal. Image: A donkey. Credit: BBC Presenter: Vivienne Nunis Producer: Sarah Treanor ... Read more

11 Oct 2021

17 MINS

17:28

11 Oct 2021


#288

Business Weekly

On this episode of Business Weekly, with the site down and a whistle-blower’s testimonial, was this Facebook’s worst-ever week? We hear what went wrong with their internal internet and find out why Frances Haughan’s evidence to Congress was important. Plus, we discover how a tech company is helping dispatch ambulances in Kenya where there is no centralised system. And if music be the food of love - swipe on. We hear from the app designer hoping to match-make with music. Business Weekly is presented by Lucy Burton and produced by Matthew Davies. ... Read more

09 Oct 2021

50 MINS

50:34

09 Oct 2021


#287

Working in your 80s: The Artist

Geraldine Robarts is a painter based in Kenya who has been exhibiting since 1958 and who still paints everyday, aged 82. Whether it’s a passion for what they do, the social connection, or the simple need to earn a living, a growing number of octogenarians remain in work. Over the coming weeks, Business Daily will hear from several workers putting in a shift, well into their ninth decade. As retirement ages around the world creep higher, we're asking what can these older professionals teach us about the nature of work? And when is the right age to down tools? Presenter: Vivienne Nunis Image: Geraldine Robarts. Credit: BBC ... Read more

08 Oct 2021

17 MINS

17:27

08 Oct 2021


#286

Life at Kenya's Dandora rubbish dump

We go to Dandora, one of Africa’s largest rubbish tips. A court in Nairobi has ordered the dumpsite to come up with a concrete plan to close by February next year. But what will that mean for the community relying on the waste to survive? We hear about life at Dandora through the eyes of Liz Oteng’o, who grew up relying on airline meals dumped at the site. Vivienne Nunis hears how she and her husband Remco Pronk, are fighting to change the lives of those growing up there today. Image credit:Getty Producers: Sarah Treanor, Lulu Luo ... Read more

07 Oct 2021

17 MINS

17:28

07 Oct 2021


#285

Big tech and carbon

Google pledges to be carbon free by 2030. Ahead of next month's UN Climate Summit, the company has come out with new targets to become greener than ever. But what does that mean? Is Google supporting the energy transition away from fossil fuels or just fuelling ever greater consumption? Ed Butler speaks to the company's Chief Sustainability Officer Kate Brandt, about how this is just the latest step in her company's aim to be a world leader in sustainability. Ian Bitterlin, a Consulting Engineer & Visiting Professor at the University of Leeds in the UK tries to quantify the amount of carbon pollution that could reasonably be attributed to data centers worldwide. And Sonya Bhonsle, the Global Head of Value Chains at CDP, the world's leading climate NGO that helps companies and cities disclose their environmental impact, tells Ed that Google scores very highly in their ratings and that the company is sending out good messages to others in the industry. (Photo: Google's logo adorns their office in New York, Credit: Getty Images) ... Read more

06 Oct 2021

18 MINS

18:37

06 Oct 2021


#284

Living in the metaverse

Are virtual online worlds the future of the internet? Facebook's Mark Zuckerberg thinks so. He is among the tech leaders who say we'll increasingly live, socialise, play and shop in the metaverse. Is he right, and what is the metaverse anyway? Ed Butler speaks to venture capitalist and metaverse big-thinker Matthew Ball, and to Manuel Bronstein from Roblox - the hugely successful gaming platform where gamers already live out virtual lives through their avatars. Janine Yorio tells us why her 'virtual real estate' company Republic Realm is buying up land and property in metaverse worlds, and why the metaverse will be the future of shopping. (Photo: Roblox avatars, Credit: Roblox) ... Read more

05 Oct 2021

18 MINS

18:37

05 Oct 2021


#283

Can technology transform emergency services?

Getting to hospital in a medical emergency, in countries without a centralised ambulance service, can be critically slow. In rapidly urbanising Kenya, Vivienne Nunis meets Caitlin Dolkart – cofounder of Flare; a company which created a technology platform to dispatch ambulances anywhere across the country. But how do you direct an ambulance without accurate maps? We hear from Humanitarian Open Street Map’s Ivan Gayton how open source data is improving heathcare outcomes. Image: Ambulance operator Paul Ochieng disinfects a stretcher at Kenyatta National Hospital in Nairobi, on April 17, 2020. Credit: Getty ... Read more

04 Oct 2021

17 MINS

17:28

04 Oct 2021


#282

Business Weekly

As China suffers its worst blackouts in over a decade, on Business Weekly we ask what’s causing the power shortages and what they mean for the rest of the world. We also hear from Germany, where political wrangling over who will be the next Chancellor continues. The Green Party will play kingmaker - and there are hopes from people in flood-hit areas that environmental policies will take centre stage. Plus, have you ever wondered how valuable influencers can be for a brand? We spend the day in a luxurious mansion full of social media personalities to find out if they represent value for money. And as James Bond takes to the silver screen once more, we ask whether the studios can afford to retire 007. Business Weekly is presented by Lucy Burton and produced by Matthew Davies. ... Read more

02 Oct 2021

50 MINS

50:06

02 Oct 2021


#281

Smart cities and broken dreams

Do smart cities live up to the hype? Urban centres from New York to South Korea’s Busan are rebranding themselves as ‘smart’. From real-time crime mapping to lower energy use, smart cities promise a shortcut to a better future. But what is a smart city? The BBC’s Technology desk editor Jane Wakefield explains. Meanwhile, brand new metropolises are being planned across Africa, often envisioned as shiny tech hubs. Will they ever get off the ground? And why are global consultancy firms often a key part of the story? We visit Kenya’s Konza Technopolis, still a construction site 13 years after it was first promised. Konza CEO John Tanui says the project is on track but Kenyan writer Carey Baraka isn’t convinced. Picture: An artist’s impression of the planned Akon City in Senegal. Credit: Akoncity.com Presenter: Vivienne Nunis Producer: Sarah Treanor Reporter: Michael Kaloki ... Read more

01 Oct 2021

18 MINS

18:10

01 Oct 2021