The latest business and finance news from around the world from the BBC
Xi addresses virtual World Economic Forum
China's president Xi Jinping has spoken to a virtual meeting of the World Economic Forum. Dr Yu Jie is senior research fellow on China at Chatham House, and discusses what he had to say. Also in the programme, the UN's International Labour Organisation says that as a result of the pandemic, 93% of the planet's workforce is subject to restrictions on what they can and can't do. We find out more from the ILO's director general, Guy Ryder. In Uganda, many citizens have turned to virtual private networks to get round government internet restrictions in the wake of this month's general election. But the government is now cracking down and threatening anyone using VPNs with prosecution, as the BBC's Patience Atuhaire explains from Kampala. Plus the BBC's Benjie Guy reports on why two Hollywood stars have come to the aid of Wrexham football club in north Wales.
US passes grim Covid-19 milestone
Twenty five million Americans have now been infected with Covid-19. We explore what's next as President Biden prepares to unleash a fresh wave of government stimulus. Also, China overtook the US last year as the world’s top destination for new foreign direct investment, according to UN figures. Paul Hannon from the Wall Street Journal explains the significance. And, we hear why some suppliers are struggling to keep up with demand as hikers and families renew their love for the great outdoors.
Update: Brazil's coronavirus crisis continues to worsen
Doctors in Manaus in the Amazon struggle to control the number of deaths, which is increasing due to a new variant detected earlier this month. We get an update from the BBC's Camilla Mota in Sao Paulo.
Plus, Chris Low from FHN Financial in New York tells us what happened on Wall Street today.
Organised labour comes to Silicon Valley
There is a growing trend in favour of Silicon Valley tech workers forming trade unions. Google software engineer Andrew Gainer-Dewar recalls how a walkout of staff at the search engine in November 2018 sowed the seeds for the Alphabet Workers' Union, named after Google's parent company, which was formed earlier this month. Professor Louis Hyman is a historian of work and business at Cornell University, and puts the development into historical context. And we find out more from Veena Dubal, who is a professor of law at the University of California, Hastings College of the Law. Also in the programme, Google is pulling the plug on Project Loon, a network of balloons carrying antennas, which would float high above the ground and transmit internet signals to remote areas. BBC technology correspondent Rory Cellan-Jones tells us why, and we hear what other technologies might bring internet to rural Africa from Johannesburg-based telecoms and internet analyst Arthur Goldstuck. Plus, as release of the new James Bond film No Time to Die is postponed for a third time, we hear about the impact on cinemas from Annabel Turpin who runs the ARC Stockton Arts Centre in northeast England.
Update: President Biden ramps up fight against Covid-19
Joe Biden has signed ten executive orders to boost efforts to tackle the pandemic, as he warns the US is likely to reach half a million coronavirus-related deaths by next month. We speak to Julie Rovner from Kaiser Health News in Washington DC.
And Cary Leahey of Decision Economics in New York explains what was behind today's positive sentiment on Wall Street.
Where next for the US economy?
On Joe Biden's first full day as US president, we discuss his top economic priorities. Jason Furman is a Harvard economist who served as chair of the Council of Economic Advisors under President Obama, and Casey Mulligan is an economist at the University of Chicago who served as chief economist of the Council of Economic Advisors under President Trump. And the BBC's Michelle Fleury reports on whether Joe Biden is likely to be able to achieve his ambitions for improving America's infrastructure, such as airports, roads and bridges. Also in the programme, a recent UK survey revealed up to 40% of people working from home during lockdowns have done so from the comfort of their beds. We find out more from Guardian journalist Zoe Williams. Plus, search engine Google has agreed a payment structure with France's publishers for their news content. Paris-based columnist for the Daily Telegraph newspaper Anne-Elisabeth Moutet explains the significance of the deal.
Customer ReviewsSee All
I only have 4 podcasts I regularly consume. This makes cut, the only business one.
I love Most BBC Reporting...
... but please stop your predictable pattern of turning every other story into your annoying breathless rants about gender inequality, lgbq confusion, climate crisis, race baiting, USA snarking, Trump bashing and global shaming.
If you want to flagellate yourselves over your Empire history, fine, but don’t draw the USA and other nations into your guilt trips
You act as if you are very jealous of your American cousins, get over it!
Wake-up, the majority of the world really don’t want your lectures, just the news please.
The coverage is good quality, but the business story selection is frequently very PC, and related to Race, identity, Feminism issues. Well it is the BBC 2020