Business Daily

Stock markets have rocketed on hopes of a Covid-19 vaccine breakthrough. The BBC's Business Editor Simon Jack explains who the winners and losers have been on the markets so far, and what this could mean for future stimulus packages and inflation. The drugmakers responsible for the vaccine claim it can prevent more than 90% of people from getting Covid-19. We'll hear from Mikael Dolsten, Global Research Chief for one of the drugmakers Pfizer. And epidemiologist Peter Horby of the University of Oxford expresses guarded optimism for the world opening up again.

Produced by Frey Lindsay.

(Image credit: Getty Images.)

US President-elect Joe Biden is to make tackling the coronavirus pandemic his top priority following his win over Donald Trump, his team says. Larry Summers, former director of the National Economic Council under President Obama says the country can’t have a healthy economy without a healthy population. But before the President-elect can get to work, he and his team have a slew of legal challenges from President Trump to fend off. Barry Richard, veteran Florida lawyer who represented then candidate George W. Bush in the 2000 election Supreme Court battle, runs down the merits of those challenges, as well as their flaws.

Produced by Frey Lindsay and Joshua Thorpe.

(Image credit: Getty Images)

After a nail-biting week, the Oval Office is within Joe Biden’s grasp - on this edition of business weekly we’ll ask what this means for US economic policy. We’ll find out why the markets rallied and ask a former climate negotiator what a Biden presidency could mean for the environment. We’ll also hear from the sailors stuck at sea thanks to covid restrictions. There are concerns that that the plight of the 400,000 sailors unable to go ashore and home could become a humanitarian catastrophe. Plus, we take a closer look at the little Ant that grew into a financial giant as Jack Ma’s financial company is prevented from listing on the stock exchange at the last moment. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

When they cast their votes for US president, Californians also approved a change to the law allowing gig economy companies like Uber and Lyft to keep treating their drivers as contractors, not employees. The move could have major consequences for the gig economy. Manuela Saragosa speaks to Geoff Vetter from the Yes to 22 campaign, which fought for the law change, and to Veena Dubal, law professor at the University of California, who argues the vote is a disaster for workers' rights. Dave Lee, Silicon Valley correspondent for the Financial Times, tells us what it means for the future of companies like Uber.

(Photo: Uber and Lyft logos, Credit: Getty Images)

Vote counting continues in a handful of key battleground states which will determine the outcome of the US presidential election. Democratic candidate Joe Biden has been projected to win Michigan and Wisconsin. He also holds narrow leads in Nevada and Arizona. If he's able to hang on in all these states as final votes are counted, Mr Biden will be almost certain to win. We take a look at what this means for the US economy. International economics policy analyst Pippa Malmgren joins the show to get us up to speed, and then we’ll hear from Jason Furman, the former chief economic adviser to President Obama, who says Biden’s focus will be on trade policy and manufacturing. Meanwhile, Trump’s own former chief economic adviser Tomas Philipson says the president’s economic achievements have been undervalued. And Mohamed El-Erian of Allianz says the balance between a Democratic executive and a Republican senate will not be the kind of stabilising influence economists usually expect.

Producers: Joshua Thorpe and Frey Lindsay

(Image credit: Getty Images)

The world's richest people have become even richer this year, despite an economic crisis brought on by the coronavirus pandemic. Manuela Saragosa speaks to John Matthews, chairman of private jet company AirX, about the surprising resiliance of the private aviation industry despite global travel restrictions. Chuck Collins from the Institute for Policy Studies - a think tank in Washington DC - explains how the richest people in the world have added to their wealth in the pandemic, and what it reveals about inequalities in the US economy.

(Photo: Jeff Bezos, Amazon founder and the world's richest man, poses with his girlfriend Lauren Sanchez, pose outside the Taj Mahal in India in January 2020. CredIT: Getty Images)

Manuela Saragosa finds out what happened when fifty homeless people were gifted thousands of dollars each. The gifts were part of a social project in Canada and the results were unveiled this month. The results were described as ‘beautifully surprising’ by the project’s leaders.

(Pic of pregnant homeless woman on the corner of a busy street in downtown Toronto, Ontario, Canada by Creative Touch Imaging Ltd via Getty Images).

The new Japanese prime minister has pledged to make his country carbon neutral by 2050. On this edition of Business Weekly we ask how he’s planning to do it. We also take a closer look at nuclear energy to find out whether mass production of smaller reactors could be the way forward for the industry. And what can be done to get more medical grade oxygen to the countries that desperately need it? Plus, as the coronavirus pandemic forces Hollywood to delay the release of big budget movies, how are cinemas being affected? Business Weekly is produced by Matthew Davies and presented by Lucy Burton.

We speak to those who argue parents should give their children money long into adulthood - and others who say the whole of society should be responsible, not just parents.

Raphael Samuel is a 28 year old businessman in India who tried to sue his parents for giving birth to him - without his consent. An Indian court threw out the case on grounds of absurdity, but Raphael isn’t giving up. He’s now filed a case demanding that all parents prove - before they give birth - that they have the ability to give their child the ‘right to life’ - something he thinks should include being able to provide an education, proper food, and healthcare. He believes parents’ financial responsibility for their children doesn’t end when the child hits 18 years of age. In Italy, where almost two thirds of 18-34 year olds live at home, we hear from Tobia della Puppa, who explains why it can be hard to explain to the older generation why this is the case. We also get the perspective of Nina Bandelj, a sociology professor at the University of California Irvine, who tells us how children went from being economically useful, to “priceless”. (Picture: Older person’s hand giving coin to young person’s hand; Credit: utah778/Getty Images)

Producer: Sarah Treanor, with extra production in Italy from Vera Mantengoli

Has one the biggest slums in India escaped the worst of Covid-19? Dharavi is one of the biggest slums in India, if not the whole of Asia. Ed Butler hears from Dharavi residents about life in the slums back in April, and now. Radhika Kapoor, a Delhi economist who's been focussed on the Government response to the crisis, says efforts to protect ordinary workers have been very limited. But the Government rejects that argument. Sanjeev Sanyal, the Prime Minister Narendra Modi's chief economic advisor, says the Government has done all that it can to stem the tide of the disease.

Producer: Frey Lindsay

(A BMC health care worker collect swab sample of a resident at Dharavi. Photo by Satish Bate via Getty Images)