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Business Weekly

Business Weekly

On this edition of Business Weekly, we ask whether Covid vaccines are the shot in the arm the pharmaceutical industry needs to rescue its reputation? Plus, as the world looks ahead to life after the pandemic will our transportation systems be there to help us get around? There’s a financial crisis in New York’s mass transit system. What does that mean for the city it supports? Airbnb finally packs it bags and heads to the stock market. The holiday accommodation company’s shares boomed on its first day of trading this week. We speak to Airbnb’s chief executive, Brian Chesky. Also, in China, over 15m tonnes of food is wasted every year. The government has a new plan to tackle this, but how will it convince its citizens not to throw food away? And we’ll be talking about that nine figure deal reached by Bob Dylan to sell off his back catalogue. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

Can post-Brexit Britain ban live animal exports?

Can post-Brexit Britain ban live animal exports?

Britain is looking to ban the export of live animals for slaughter and fattening after its existing trade arrangement with the European Union lapse at the end of this year. Natasha Smith of Compassion in World Farming, who have campaigned on this for decades, explains why they’re against the practice. Meanwhile UK minister Craig Mackinlay says leaving the EU’s trade rules after Brexit is key to getting the ban implemented. But will the ban run afoul of WTO free trade rules? Emily Rees of consultancy Trade Strategies breaks down the rules and whether the ban fits. But what do UK farmers think? Phil Stocker of the National Sheep Association says this ban overshoots, and puts farmers already in an unclear position because of Brexit, even more on the back foot. And Francesca Porta of the Brussels-based Eurogroup for Animals explains what changes might be coming in the EU itself on live animal transport.

Producer: Frey Lindsay.

(Image credit: Getty Images)

Brexit: 'Large gaps' remain after trade talks

Brexit: 'Large gaps' remain after trade talks

Boris Johnson's dinner with EU chief Ursula von der Leyen - aimed at breaking the Brexit trade deadlock - has ended without agreement. The BBC's Laura Kuenssberg said the evening had "plainly gone badly" and the chances of the UK leaving the post-Brexit transition period at the end of the year without a firm arrangement was a "big step closer". What would that mean for the UK, and the rest of the world? Joining the programme live will be BBC World Service political correspondent Rob Watson, and Dr Anna Jerzewska, Director of the trade consultancy Trade and Borders.

Big Pharma: Vaccine Heroes or Profiteers?

Big Pharma: Vaccine Heroes or Profiteers?

A UK grandmother became the world’s first recipient of the Pfizer Covid vaccine this week. What does this mean for the pharmaceutical industry? This could be seen as a moment of victory for the industry, which has received a lot of bad press in the last few years. But the prices set by the vaccine makers could also provoke accusations of profiteering. We’ll hear from former Pfizer executive John Lamattina, Thomas Cueni of the International Federation of Pharmaceutical Manufacturers, Tahir Amin of the Initiative for Medicines, Access & Knowledge, as well as Sudarshan Jain, Secretary General of the Indian Pharmaceutical Alliance.

(Image credit: Getty Images)

Is Boeing's 737 Max fit to fly?

Is Boeing's 737 Max fit to fly?

It was grounded worldwide after two tragic accidents. Now, regulators in the US have given it permission to fly again – but will it really be safe? Theo Leggett speaks to Mark Pegram whose son Sam was killed aboard the flight which crashed after take-off from the Ethiopian capital Addis Ababa in March last year. He also spoke to Ed Pierson, a former senior manager on the 737 production line at Boeing’s Renton factory, just outside Seattle, who gave testimony to the House of Representatives saying how months before the first accident, he had emailed his bosses, warning them how the pressure to produce new planes as fast as possible was undermining safety. In response to Mr Pierson’s testimony, Boeing insisted that the suggestion of a link between his concerns and the Max accidents was completely unfounded. It added that none of the authorities investigating the accidents had found that production conditions in the 737 factory had contributed in any way.The US regulator, the Federal Aviation Administration, has also come under fire. Barry Valentine, a former assistant administrator at the FAA who now works as a consultant for the Wicks group, says lessons have been learnt. Also in the programme is attorney and former inspector general of the US department of transportation, Mary Schiavo. And Bjorn Fehrm, of aviation consultants Leeham, who insists the 737 Max will now be safe.

The end of the line for commuters?

The end of the line for commuters?

How passenger fears and remote working are prompting a crisis in public transport. Manuela Saragosa speaks to Pat Foye, chairman of New York's Metropolitan Transportation Authority, which is facing a multi-billion-dollar hole in its finances. Mohamed Mezghani, secretary general of the International Association of Public Transport, describes the challenge of getting commuters back onto trains and subways. Nicole Gelinas, senior fellow at the Manhattan Institute, explains why transport systems like New York's are so central to a city's economic success.

(Photo: Passengers on New York's subway system, Credit: Getty Images)

Business Weekly

Business Weekly

On this edition of Business Weekly, we analyse the court battle between Shell and the environmental groups which claim the oil giant remains too focused on fossil fuels. We look at a different approach to tackle deforestation, and hear how an economic argument could help the Amazon rainforest. We also get an expert view on floundering UK clothing stores, doubly hit by the pandemic and our changing shopping habits. Could in-store cafes and leisure concessions be just the therapy the retail industry needs? We head to central London to hear the tales of a tailor - a master craftsman who cutting his cloth to suit the future of high-end business wear. And we’ve a lesson in why ‘email etiquette’ needs to be applied to even the shortest message. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.

The rise and rise of Instagram

The rise and rise of Instagram

Sarah Frier, author of No Filter: The Inside Story of Instagram, talks about the corporate drama behind the app. The photo sharing app Instagram has transformed business, culture and even our everyday lives. Manuela Saragosa finds out why Instagram sold out to Facebook, and how Kevin Systrom (one of the founders of Instagram) found his values soon collided with those of Facebook's Mark Zuckerberg.

(Picture credit: Getty Creative)

Is the Hyperloop coming of age?

Is the Hyperloop coming of age?

In November Virgin Hyperloop trialled its first ever journey with passengers, in the desert of Nevada. The futuristic transport concept involves pods inside vacuum tubes carrying passengers at high speeds. So with this proof of concept, are certified Hyperloop transport systems on the horizon? On today’s programme, we’ll hear from Mars Geuze, Chief Commercial Officer of Hardt Hyperloop, who have raised $10m to develop the technology in Europe, as well as Bibop Gresta, founder of Hyperloop Italia, who hints that a big announcement may be imminent. And we’ll also hear from Roseline Walker, Senior Safety and Risk Researcher for the Transport Research Laboratory, who outlines for us some of the concerns and obstacles the new technology faces.

(Image Credit: Getty images.)

Are we giving suits the boot?

Are we giving suits the boot?

Is the era of the suited office worker at an end? Is the era of the suited office worker at an end?With so many people working from home because of the pandemic, there is far less demand for formal work attire. This is impacting those that make it all over the world, as we learn from Richard Anderson, a tailor on Savile Row - the street in London synonymous with suits - and Raja Fashions in Hong Kong, whose tailors usually travel the globe fitting their clients. We hear that while some office workers can't wait to dress up after the pandemic, others have embraced and even expanded their pyjama collection. Plus, Heather MacGregor, Executive Dean of Heriott-Watt Business School, tells us how her work wear has been impacted by working from home.

(Picture: a tailor adjusts a customer's suit in the fitting room at Henry Poole's in Savile Row, London, 1938. Credit Getty Images.)

The EU's latest row

The EU's latest row

A showdown looms between Hungary and Poland and the rest of the EU over the bloc's latest budget, which includes a Covid economic recovery fund worth nearly $900bn. Hungary and Poland blocked approval of the budget earlier in the month over a clause that ties funding with adherence to the rule of law in the bloc, something both countries have been accused of undermining. With the fate of businesses and livelihoods hanging in the balance, the two sides will meet in mid-December at a summit to discuss how they can break the impasse. We hear from Brussels-based reporter Beatriz Ríos, Zoltán Kovács, a spokesman for Hungarian Prime Minister Viktor Orban and German MEP Dennis Radtke.

(Picture credit: Getty Images) .

Saving the Amazon rainforest with economics

Saving the Amazon rainforest with economics

Economics has a solution to halt rapid deforestation but can it be implemented? This year has seen some of the worst-ever fires destroy vast tracts of the Amazon rainforest as land there is cleared for farming. We hear how the field of economics may have come up with a solution to halt the Amazon’s rate of deforestation - and what’s needed to set that in motion. Manuela Saragosa speaks to Michael Greenstone, Professor of economics at the University of Chicago and to Professor Luciana Gatti, a researcher at Brazil's National Institute for Space Research which monitors greenhouse gas emissions in Amazon.

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