Countries around the world are racing to achieve targets on the ban of new petrol and diesel cars - but they are hitting stumbling blocks, meaning some are pulling back on their commitments. Although global sales of electric cars are rising, some countries are struggling to persuade drivers to make the switch. Reasons given include insufficient or unsuitable charging points, and the price tag: criticism is often put to governments that the shift to electric cars is hardest for the least well off.In this edition of Business Daily, Rick Kelsey looks at one country which is well ahead of the rest: Norway. The country's aim is that all new car sales in 2025 will be of electric vehicles - a plan being supported by financial incentives and policy changes.He also speaks to business leaders in the car industry, including a man known as "the Godfather of EV", to find out what's needed if countries are to phase out internal combustion engines.(Picture: An electric car being charged. Credit: PA/John Walton)Presented and produced by Rick Kelsey
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Folge vom 30.10.2023The electric car race
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Folge vom 26.10.2023Elon Musk's X: The Twitter takeover a year onAfter many months of news headlines about whether Elon Musk was going to buy Twitter, he eventually completed the purchase on 27 October 2022. Since then, the company’s been through some big changes; laying off most of its 8000 employees, a rebrand to ‘X’, and reinstating some previously banned accounts on the platform. Mr Musk describes himself a free speech absolutist and says he bought Twitter – now called X - to create a space where “a wide range of beliefs can be debated in a healthy manner.” However, the company’s faced criticism over lax content moderation, leading to advertisers halting ads on the service. He hopes to boost revenue by making the site a paid-for platform, setting himself some ambitious financial targets.In this episode, Sam Fenwick speaks to former employees, business owners and journalists to get a picture of what has happened at X since Elon Musk took over. (Picture: Elon Musk next to a logo for X - formerly known as Twitter. Credit: Anadolu Agency/Getty Images)Produced by Amber Mehmood and Hannah Mullane
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Folge vom 25.10.2023Business Daily meets: Akinwumi AdesinaIn 2015, Akinwumi Adesina was elected President of the African Development Bank (AfDB), and since then he's become a symbol of optimism across the continent. How did he become known as Africa's "optimist-in-chief"?In this edition of Business Daily, Dr Adesina tells Peter MacJob what has shaped him as an economist, his outlook for the continent and how Africa could determine the future of renewable energy and green minerals.He says the international financial architecture should be more inclusive and favourable towards African economies, and the global north should compensate the continent for the adverse impacts of climate change on Africa.(Picture: Dr Akinwunmi Adesina. Credit: Getty Images)Presented and produced by Peter MacJob
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Folge vom 23.10.2023Short Stories: The amateur traderShort selling has gone mainstream. Inspired by the noisy success of activist short sellers, amateur investors are now trying this highly risky strategy themselves.They’re aided by a slew of new trading apps making it possible to short a stock or currency in seconds.Peter Roscoe is a YouTube investing vlogger who’s experienced the highs and lows of short selling.We also hear from the UK boss of trading app E-Toro – who says shorting has exploded on the platform.Producer: Ciaran Tracey Presenter: Leanna Byrne