BBC World Service

Business Daily

The daily drama of money and work from the BBC.

Author

BBC World Service

Category

Business

Podcast website

www.bbc.co.uk

Latest episode

Jul 9, 2026

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Episodes

Robot race cars and AI 19.09.2019

What robots driving cars can tell us about artificial intelligence. Ed Butler speaks to Bryn Balcombe, chief strategy officer of the autonomous vehicle project Roborace. Gary Marcus, professor of psychology at New York University, explains why he thinks AI development is fundamentally limited. Yoshua Bengio, professor of computer science at the University of Montreal in Canada, gives a defence. Pr...

Trading tinned fish and powdered milk 18.09.2019

How economies spring up in extreme places from refugee camps to prisons. Ed Butler speaks to economist Richard Davies, author of a new book called Extreme Economies, who describes the economic activity in extreme places, from a Syrian refugee camp in Jordan to one of the toughest prisons in the world, in the United States. Former US prisoner Lester Young fill us in on how to trade behind bars. (Ph...

Whom should the corporation serve? 17.09.2019

Should shareholders come first? Or should companies also serve their employees, customers, and society in general? Ed Butler explores the growing backlash against "shareholder primacy" - the idea espoused in the 1970s by economist Milton Friedman that businesses should only care about maximising the bottom line for the benefit of their investors, and that other stakeholders' interests should not b...

Africa's mobile credit revolution 16.09.2019

Will the roll out of online lending stimulate economic boom or just a credit binge in Africa? Ed Butler speaks to many of the businesspeople providing the continent with much needed banking services via mobile phones. They are optimistic that financial inclusion for small businesses, farmers and rural consumers could stimulate much faster economic growth. But is there a dark side to the sudden ava...

The cost of sending money home 13.09.2019

Why it's time to start paying attention to the global remittances industry. Ed Butler speaks to Monica, a nurse from the Philippines working in the UK - one of millions of people around the world who regularly send money back to their families abroad. Dilip Ratha from the World Bank describes the scale of the money flows, and the persistently high costs of international money transfers. Ralph Cham...

The cannabidiol craze 12.09.2019

The cannabis extract CBD or cannabidiol is legal in many countries, and now it's finding its way into everything from soaps to cosmetics. But is it just a fad, and are its health claims bogus? Manuela Saragosa asks Harry Sumnall, professor in substance use at Liverpool John Moores University, whether it is true that CBD is not a psychoactive substance - unlike the more infamous cannabis extract TH...

Going after Google 11.09.2019

The attorneys general of 48 out of the 50 US states have come together to challenge the control of the search giant over what we buy or view online. Manuela Saragosa speaks to the BBC's technology correspondent Rory Cellan-Jones about why the US anti-trust authorities have decided to join their EU counterparts in taking on Google. Jonathan Tepper, author of the new book The Myth of Capitalism: Mon...

Tackling the male fertility crisis 10.09.2019

Sperm counts worldwide have been in steady decline for decades, and a group of tech start-ups are finally giving the problem attention. Manuela Saragosa speaks to the heads of two such companies: Tom Smith of Dadi Inc, which provides home kits for freezing sperm, and Mohamed Taha of Mojo Diagnostics, which is using artificial intelligence to make male fertility testing more reliable. Plus Mylene Y...

The world is running out of sand 09.09.2019

The global construction boom is fuelling an illegal trade in sand used to make concrete, causing environmental degradation and spawning sand mafias in parts of the world. Manuela Saragosa speaks to Prem Mahadevan of the Global Initiative Against Transnational Organised Crime, on what is becoming a global phenomenon. Campaigner Sumaira Abdulali, founder of the Awaaz Foundation NGO in India, recount...

Can technology read minds? 06.09.2019

The business of brain data. Real-life mind-reading technology is being developed right now, and it's already being used in places like China. Ed Butler investigates what the technology can really do, and what the implications might be for our privacy and freedoms. Producer: Laurence Knight (Photo: A brain scan, Credit: Getty Images)

Brand Britain and Brexit 05.09.2019

What the rest of the world makes of the UK's Brexit crisis. Manuela Saragosa speaks to Jane Foley, head of foreign exchange strategy at Rabobank, about what the pound's value says about the state of the nation. Jiao Li, co-founder of a company called Crayfish, which helps UK companies better engage with China, explains why cheaper British goods are making them more attractive to Chinese buyers. An...

The hipster company that wants to save the world 04.09.2019

Is WeWork an exciting new tech firm with lofty ideals worth $47bn, or is it just an over-priced office rental business? Manuela Saragosa speaks to two sceptics. Rett Wallace of investment advisory firm Triton says the prospectus for WeWork's forthcoming stock market flotation is long on aspirational zen, but rather short on hard financial details. Meanwhile Vijay Govindarajan, business strategy pr...

Air pollution gets personal 03.09.2019

Can a greater understanding of how poor air quality harms us, enable us to tackle this urgent problem? Jane Wakefield meets British artist Michael Pinsky and explores an interactive art instillation mimicking the air of five parts of the world. She hears from Romain Lacombe of the personal pollution sensor company Plume Labs how tracking the air around you can help to design better policies at a c...

Hollywood vs Netflix 02.09.2019

How are movie producers making money in the age of online streaming? In Hollywood, if you produce a hit show or blockbuster movie, a cut of the profits can lead to extraordinary wealth. That could mean producers lowering their salaries to get a percentage of the box office. But Netflix and other streaming services don’t play by old Hollywood’s rules. The BBC’s Regan Morris speaks to executives and...

Can we trust Rwanda's data? 30.08.2019

Is Rwanda's economic success story really all it's cracked up to be? Ed Butler speaks to Tom Wilson, east Africa correspondent at the Financial Times, about some supposedly dodgy statistics behind the economic miracle, and the World Bank aid money reliant upon it. And a former economic advisor to the Rwandan president Paul Kagame describes how economic statistics were routinely distorted during hi...

Dying for insulin in the USA 29.08.2019

Why do Americans have to pay so much for this life-saving drug? There are reports of some uninsured diabetics dying as a consequence. Even the health insurers and drug manufacturers say the pricing system is broken. Manuela Saragosa speaks to Laura Marston, a type-1 diabetes sufferer and campaigner from Washington DC, about how she had to sell her house and leave her hometown just to get access to...

How can women take charge of their finances? 28.08.2019

Is the wealth management industry still too geared towards male clients? And how do women plan their finances in countries where they don't even have an equal right to inherit? Katie Prescott explores the financial literacy gender gap, and how it is slowly being bridged. She speaks to Natasha Pope, private wealth advisor at Goldman Sachs, who explains how their increasing number of wealthy female...

Why not buy Greenland? 27.08.2019

What does Donald Trump's shock proposal to buy the island from Denmark tells us about modern-day sovereignty and Arctic geopolitics? Manuela Saragosa puts the question to two law professors. Joseph Blocher of Duke University explains why the practice of nations buying and selling large tracts of land fell out of favour, and whether it could make a comeback, while Rachael Lorna Johnstone of the Uni...

The challenges facing Syrian refugees in Turkey 23.08.2019

As authorities in Istanbul start evicting undocumented migrants from their city, we look at the challenges facing Syrians generally in Turkey. Shrinking wages, child labour, and increasing hostility from many locals, are Syrians now paying the price of Turkey's economic slowdown? (Photo: Placards are displayed by people gathered to protest against the Turkish government's recent refugee action, Ju...

Ecommerce in Africa - still finding its way 21.08.2019

Will Jumia and other online retailers overcome a lack of infrastructure, wealth and consumer trust to conquer the African market? Jumia is widely seen by investors as Africa's answer to Amazon and Alibaba. It launched its shares onto the New York Stock Exchange in April. But despite a billion-dollar valuation and rapid sales growth, the company is not yet turning a profit. Ed Butler speaks to Kind...

Helping Africa feed itself 20.08.2019

Much of east Africa has the potential to be a food basket for the region. But 250 million Africans remain undernourished and many depend on international food aid. That aid is often tied to donor countries export plans, there are wars, drought and famine made worse by climate change. Amy Jadesimi of the Nigerian logistics hub Ladol explains the impact that globalisation and aid dependency have had...

The singing president who disappeared 20.08.2019

Turkmenistan's authoritarian president Gurbanguly Berdimuhamedow mysteriously vanished for a few weeks, while his country faced economic crisis. Then he reappeared. What happened? Ed Butler asks what is going in this Central Asian nation, considered one of the world's most secluded after North Korea. The president's life and superhuman deeds normally dominate state television, so did his brief dis...

Are stock buybacks a corporate scam? 16.08.2019

Share buybacks are when a publicly-listed company uses some of its spare cash to buy up shares in itself, in order to drive the share price up and benefit shareholders. The practice has become so common that the amount of buyback money extracted from corporations exceeds their profits. Rita McGrath, a professor at Columbia Business School, explains how stock buybacks emerged. But are stock buyback...

Has 3D printing met the hype? 15.08.2019

A few years back 3D printing was seen as the ground-breaking technology that promised a new industrial revolution. The revolution has not arrived yet. So, were we sold a lie? Or did the hype just get the better of us? Ed Butler talks to Sarah Boisvert, a co-founder at Potomac Photonics, a micro-fabrication company in the US. She explains why the buzz about 3D printing, invented back in 1980, reall...

Should workers be offered unlimited paid leave? 14.08.2019

A new idea has emerged in the business world over the last few years: maybe employees should take time off whenever they feel like it, and get paid while they do it. Lila MacLellan from online business site Quartz explains why, with people ever more expected to be available around the clock on email, phone or in the office, it might be better to leave it to the worker to decide when they do and do...

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