Business Daily

Business Daily

By BBC World ServiceBusiness
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Business Daily episodes

  • Bringing Uber back to Earth

    Investors are losing faith in Uber's promise of rapid growth and market disruption, and are demanding to see actual profits. Oracle's founder Larry Ellison has gone as far as to describe the transport app company as "almost worthless".

    Manuela Saragosa speaks to Scott Galloway, professor of marketing at NYU Stern School of Business, who says the company's problem is that it is a great brand and great app that have been built upon a fundamentally unprofitable market - ride hailing. Meanwhile Patricia Nakache of Trinity Ventures says that Silicon Valley venture capitalists such as hers are becoming increasingly wary of businesses that generate rapid growth by simply burning through billions of dollars of cash.

    Producer: Edwin Lane

    (Picture: An UberChopper helicopter in Gdynia, Poland; Credit: Michal Fludra/NurPhoto via Getty Images)

    19 min
  • The business case for sleep

    The demands of the working day and our 24-hour economy mean many of us don't get the recommended seven to eight hours sleep a night.

    Experts say all that sleep deprivation comes at an economic cost. Manuela Saragosa looks at the business case for sleep. Contributors: Danielle Marchant, Executive Coach. Matthew Walker, Professor of Neuroscience and Psychology at the University of California, Berkeley, and founder and director of the Center for Human Sleep Science.

    (Picture: Tired young businessman sleeping on his desk inside of the office during the day; Credit: PeopleImages/Getty Images)

    19 min
  • Is the sun setting on Saudi oil?

    Is the Saudi state oil company Aramco finalising its much-delayed share offering just as financial markets are losing faith in the future of fossil fuels?

    Manuela Saragosa speaks to energy geopolitical analyst Indra Overland, who says that the transition to electric vehicles could happen much faster than expected, posing a direct threat to what is the world's biggest oil company. Meanwhile Andrew Grant of the think tank Carbon Tracker says that big institutional investors are beginning to take the financial risks posed by climate change far more seriously.

    But according to oil industry consultant Cornelia Meyer the highly profitable Saudi company could still prove an attractive proposition for Western investors.

    Producer: Laurence Knight

    (Picture: A Saudi petroleum plant silhouetted at dusk; Credit: Scott Peterson/Liaison)

    19 min
  • Concrete's dirty secret

    Cement and concrete have one of the biggest carbon footprints of any industry, and eliminating it is no easy task.

    By volume concrete is the most heavily used resource by humanity apart from water. Our houses, offices, dams, roads, airports and so on all depend on pouring vast quantities of this magical, versatile material. But not only does making cement - the glue that binds concrete - involve huge amounts of energy. The chemical process itself also produces carbon dioxide as a bi-product, and nobody yet knows how to avoid that.

    Manuela Saragosa speaks to three people who offer partial solutions. Architect Simon Sturgis of pressure group Targeting Zero wants to design most of the concrete out of buildings, and recycle what's left. Benjamin Sporton, chief executive of the Global Cement and Concrete Association, is trying to coordinate global research efforts. Meanwhile Professor Mohamed Saafi of Lancaster University says the answer may lie in carrots and sugar beet.

    Producer: Laurence Knight

    (Picture: A shoe print in the cement of a sidewalk; Credit: Morgan Frith/Getty Images)

    19 min
  • How China slam-dunked the NBA

    Does the China-NBA bust-up mean that the Chinese are falling out of love with US basketball - and US business in general?

    One thoughtless tweet in support of Hong Kong protestors by Daryl Morey, general manager of the Houston Rockets Basketball team, has kicked off a diplomatic storm, with Chinese TV stations cancelling the planned airing of NBA exhibition basketball games. It certainly reflects a much more prickly, nationalistic mood in China at a time when the country feels under attack from the US government's trade sanctions. Fenella Barber of China business consultancy Bao Advisory says it is typical of the cultural misunderstandings that still occur when Western businesses try to break into the country's gigantic fast-growing consumer market.

    But Andrew Coflan of geopolitical strategists Eurasia Group says the kerfuffle says a lot more about internal Chinese politics than the business environment, which Beijing is actually working hard to make more foreigner-friendly. Meanwhile journalist and businessman James MacGregor explains why so many US companies are thinking about exiting China - and it's not just because of the escalating trade war.

    (Photo: Lakers fans with Chinese flags at an NBA game in Shenzhen. China: Credit: AFP/Getty Images)

    19 min
  • Is the West really meritocratic?

    We hear the arguments of leading US academic and author, Daniel Markovits, whose book The Meritocracy Trap argues that meritocracy in the United States and other Western free-market economies is a myth that fuels inequality.

    Temba Maqubela, the head of The Groton School - one of America's top private schools - outlines the role that elite establishments such as his could play in helping less advantaged students. Meanwhile Samina Khan, director of undergraduate admissions at Oxford University, says top universities like hers are working hard to target a more diverse range of applicants. Plus Kiruba Munusamy, an advocate at the Supreme Court of India, describes how a system of positive discrimination helped her get a top job despite India's caste system.

    Producer: Laurence Knight

    (Photo: Signposts for Yale and Harvard, Credit: Getty Images)

    19 min
  • How to be angry

    From hotheads to curmudgeons, is anger always bad for business? Can anger management techniques help? Or should we put our wrath to profitable use?

    Laurence Knight speaks to an entrepreneur who hit the headlines following an air rage incident about his chronic fits of rage. Anger management expert Dr Gina Simmons explains why he may want to consider doing press-ups.

    We also hear from Mustafa Nayyem, who helped initiate the bitter Euromaidan protests that brought down Ukraine's last government. Plus evolutionary psychologist Aaron Sell explains the circumstances most likely to bring out our inner beast.

    (Picture: Frustrated businessman screaming of disappointment and looking up; Credit: skynesher/Getty Images)

    19 min
  • The vaping scare and big tobacco

    Why health concerns over vaping is bad for cigarette companies. In the US hundreds of illnesses and even some deaths have been linked to vaping. That's bad news for a tobacco industry looking for a long-term replacement for cigarettes. Manuela Saragosa speaks to Gregory Conley, president of the American Vaping Association, Anna Gilmore, professor of public health at the University of Bath in the UK and a spokesperson for STOP - a global industry watchdog aimed at stopping tobacco organisations and products - and Richard Hill, head of vapour products at the tobacco company Imperial Brands.

    (Photo: A young woman vaping, Credit: Getty Images)

    19 min
  • Losing your mind at work

    On World Mental Health Day, we hear the experiences of people who've suffered a mental health breakdown at work, and ask what employers can do to support them. We hear from Ian Stuart, the UK CEO of the global bank HSBC, Paul Farmer from the mental health charity Mind, American comedian and mental health campaigner Ruby Wax, Dean Yates, the head of journalist mental health and wellbeing strategy at the news agency Reuters, Geoff McDonald, global advocate and campaigner of Minds at Work, and Dr Claire Douglas, head of occupational health and wellbeing at SCS Railways in the UK.

    Producer: Laurence Knight

    (Photo: Depiction of workplace stress, Credit: Getty Images)

    19 min
  • Why whistleblowers need protection

    A new EU directive grants new legal rights to those reporting corporate and government misbehaviour.

    Ed Butler asks David Lewis, professor of employment law at Middlesex University, how significant the new legal framework is and why it was needed.

    Plus we replay an interview from 2016 in which lawyer Mychal Wilson retells his early experiences as a sales rep for a pharmaceutical company in Los Angeles, and why he blew the whistle on underhand practices. And practicing Louisiana doctor William LaCorte talks about his reputation as a serial whistleblower - making tens of millions of dollars from exposing the wrongdoing of big pharma and hospitals.

    (Picture: Whistle hanging in front of blue background; Credit: thomas-bethge/Getty Images)

    18 min

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