The latest business and finance news from around the world from the BBC
Update: Confusion around AstraZeneca vaccine data
On Monday, the world heard how the UK's Covid vaccine - from AstraZeneca and Oxford University - was highly effective in advanced trials. But on Thursday, multiple news outlets in the UK and US reported that there were questions over the data. The FT’s Donato Paolo Mancini explains the concerns. Also in the programme, the price of the digital currency Bitcoin slumped today after rallying through the year. Billy Bambrough, who writes about Bitcoin and other cryptocurrencies for Forbes, explains why the currency can be so volatile.
UK MPs target Amazon and Apple over e-waste
The UK Parliament's Environmental Audit Committee wants electronics firms to help recycle. Philip Dunne chairs the committee, and tells us why its report on Electronic Waste and the Circular Economy focuses on encouraging manufacturers to tackle e-waste rather than consumers. And Janet Gunter, co-founder of the Restart Project, which helps people to repair broken consumer electronics, discusses why the practice has gone out of fashion.
Also in the programme, we find out why German authorities are seeking a European Union deal to close ski resorts this winter amid coronavirus fears.
The BBC's Tamasin Ford reports on why Africa seems to be outperforming other parts of the world economically in the wake of the pandemic.
Plus, we hear from JP Teti, founder of Passyunk Avenue restaurant in London, about how the firm is helping Americans in the city enjoy Thanksgiving under lockdown.
Retailers gear up for Black Friday
Retailers around the world are preparing for one of the biggest shopping days each year. The BBC's Michelle Fleury in New York reports on how the pandemic is impacting plans for Black Friday in 2020. And we get further analysis from Ivan Mazour, who is a retail consultant and chief executive of Ometria, which works with 175 retailers from offices in New York and London. Also in the programme, the French government is hoping to bolster its budget in the year ahead with proceeds of a tax levied on the profits mainly of Silicon Valley giants like Facebook and Amazon. Victor Mallett, Paris bureau chief for the Financial Times, tells us French tax authorities are now demanding millions of euros in payment for this year, after talks on an alternative framework stalled. Plus, with three new coronavirus vaccines that are now known to work, the BBC's Ed Butler has been finding out about the immense challenge of delivering the vaccines where needed, especially in the developing world.
(Picture: A Black Friday window display. Picture credit: Getty Images.)
Update: President-elect Biden makes first choices for new cabinet
President-elect Joe Biden has introduced the first people he has chosen for his cabinet. We run through who's been nominated, and hear how markets reacted to earlier news that Janet Yellen has been chosen to be the new administration's treasury secretary.
The Dow Jones market index reached a record-breaking 30,000 points today. But how significant is that? We speak to Joe Saluzzi of Themis Trading in New Jersey.
Also in the programme, we hear how many musicians are receiving no income from streaming services, as guitarist Tom Gray, founder of the Broken Record campaign, explains.
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.
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