What’s it like to be on the wrong side of a big short? Former CEO Paul Pittman's company was shorted by an anonymous short seller who made false allegations in order to drive its share price down - way down.This is the story of how Paul and his firm overcame the short attack that cost them millions: and why it’s not just big companies that stand to lose money from rogue shorters on the markets.Producer: Ciaran Tracey
Presenter: Leanna Byrne
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Folge vom 23.10.2023Short Stories: The CEO
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Folge vom 22.10.2023Short Stories: The activist short sellerShort selling – the trade where you hope a stock’s value will fall rather than rise. If it does, the trader can win. Big.That’s led to the growth of what’s called the activist short seller. A trader who comes out to tell the world why a company’s stock should be lower than it is. They’re betting on its failure.Carson Block from the firm Muddy Waters is one of the most prominent new short sellers – vocal on the news and social media, he explains why the companies he shorts are usually the ones with something to hide.Producer: Ciaran Tracey Presenter: Leanna Byrne
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Folge vom 19.10.2023Business Daily meets: Andre SchwammleinAndre Schwammlein once wanted to be a pilot – but ended up behind the wheel of a bus and train company instead.The chief executive and co-founder of Flix – the driving force behind Flixbus and Flixtrain - says he was never much of a traveller, but now leads a company that has changed the way millions of people cross countries and continents.In just 10 years, Flixbus has gone from German startup to global brand - even taking a piece of American heritage: Greyhound.In this edition of Business Daily, Theo Leggett finds out how the transport entrepreneur got started, the reasons behind the company’s success, and his plans for growth.(Picture: André Schwämmlein. Credit: Getty Images)Presented and produced by Theo Leggett
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Folge vom 18.10.2023What makes a stadium special?The development of new sports stadiums and facilities can bring regeneration to deprived areas. They hold a special place in the hearts of sports and live music fans. But have some of the new ones lost their spark? In this edition of Business Daily, Sam Fenwick asks, what gives a stadium its atmosphere and can it be designed in? Sam speaks to Christopher Lee, whose architecture practice, Populous, has designed 3000 arenas all over the world. He shares his experience of designing iconic grounds like the Yankee Stadium, Wembley Stadium, and Olympic stadiums in Sydney, London and Sochi. And we hear from BBC World Service listeners, who tell us what makes their favourite sports grounds so special. (Picture: Boston Red Sox starting pitcher Brayan Bello (66) throws a pitch against the Kansas City Royals in the third inning at Fenway Park, Boston, Massachusetts. Credit: David Butler II/USA TODAY Sports)Presented and produced by Sam Fenwick