The latest business and finance news from around the world from the BBC
Janet Yellen: Biden to pick 'first female treasury secretary'
US media reports president-elect Joe Biden is to pick Janet Yellen as treasury secretary. Ms Yellen was previously chair of the US central bank the Federal Reserve, and we get perspectives on what her appointment would mean for the US economy from Alicia Munnell, professor of management sciences at Boston College's Carroll School of Management, and Kenneth Rogoff, professor of economics at Harvard University, both of whom know Janet Yellen well. Also in the programme, Spain's government has approved a vaccine strategy that would see a substantial part of the population covered within six months of a programme expected to start in January. Inigo Fernandez de Mesa is a former deputy finance minister in Spain, and vice-president of the country's main business association CEOE, and discusses how his members are feeling about the future. And professor Nuria Mas is a health economist at the IESE Business School in Barcelona, and member of the Spanish central bank's governing council, who gives us her thoughts on the country's biggest challenge. Our regular workplace commentator, Stephanie Hare, offers tips for people who are losing their job during the pandemic. Plus, as the winners of this year's gaming industry Oscars, the Golden Joystick Awards, are unveiled, we hear what impact it has on the industry from Daniel Dawkins, who is one of the event's organisers.
(Picture: Janet Yellen. Picture credit: Reuters.)
Update: British Airways sells off its China
From champagne flutes to duvets, British Airways puts items from its first class cabins on sale; we hear more from Rhys Jones of the frequent flyer website www.headforpoints.com. And Peter Jankovskis brings us the latest from the financial markets.
Trial shows Oxford Covid vaccine highly effective
Another promising trial result shows the Oxford AstraZeneca vaccine is highly effective. We hear from Dr Theresa Lambe of the Jenner Institute in Oxford, who was involved in the vaccine's development, that whilst results indicate it is not as effective as two other vaccines, it is likely to be cheaper, and will be easier to distribute. Also in the programme, despite a sharp drop in carbon emissions in the first half of the year as a result of the coronavirus pandemic, overall carbon dioxide levels continue to rise, albeit at a reduced rate. We get reaction from Simon Birkitt, director of the activist organisation Clean Air in London. The BBC's Tamasin Ford reports on a rapidly developing financial technology, or fintech, sector in Africa. Plus, with sales of loungewear up as a result of many people working from home, we find out more from Tamara Sender Ceron, senior fashion analyst at Mintel.
(Picture: Vials waiting to be filled with Oxford vaccine. Picture credit: Getty Images.)
The latest on the coronavirus vaccines
As we focus on coronavirus vaccines, we ask what sort of an economic recovery will we see if they're effective? We talk about work at home trends with Professor Jonathan Haskel, a member of the Bank of England's monetary policy committee... and how would you like to work from the beach? We ask Chloe Cavey from the Waverider Surf School on Fuerteventura about her surf/work set-up. Plus as Thanksgiving approaches in the US, Ben Wright, our correspondent in the Big Apple, finds out about New York's state of mind.
Fed fights White House move to end some Covid support measures
Chris Low of FTN Financial gives us the market reaction as America's central bank has hit back after the Trump administration said it was ending some emergency lending programmes established to provide economic support during the pandemic.
Plus, we ask what Donald Trump will do next and consider the future of the Trump brand. Also in the programme, the International Maritime Organisation introduces more stringent targets by 2030 for the carbon footprint of sea freight. And, the hair shampoo that doesn't come in a plastic bottle, but like a bar of soap.
What next for the Trump brand?
We ask what Donald Trump will do next, and consider the future of the Trump brand. Dan Alexander is a writer with Forbes magazine, and explains how Mr Trump built his business empire. Robert Maguire of Citizens for Responsibility and Ethics in Washington discusses what his organisation claims are more than 3,500 conflicts of interest for the president since he took office. Nancy Wallace, professor of real estate finance at the Haas Business School in California tells us loans worth more than $480m will come due for Mr Trump in the next four years. And Colm O'Callaghan, former vice-president of Trump International Hotels, suggests a role at the centre of a new television network may be a likely next step for Donald Trump. Also in the programme, as the International Maritime Organisation introduces more stringent targets by 2030 for the carbon footprint of sea freight, Guy Platten, secretary general of the International Chamber of Shipping considers the potential impact of the move. Plus, as haircare brand Garnier unveils a hair shampoo that doesn't come in a plastic bottle, instead working like a bar of soap, Adrien Koskas, global brand president for the firm, explains the thinking behind the launch.
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