Stock markets have rocketed on hopes of a Covid-19 vaccine breakthrough. The BBC's Business Editor Simon Jack explains who the winners and losers have been on the markets so far, and what this could mean for future stimulus packages and inflation. The drugmakers responsible for the vaccine claim it can prevent more than 90% of people from getting Covid-19. We'll hear from Mikael Dolsten, Global Research Chief for one of the drugmakers Pfizer. And epidemiologist Peter Horby of the University of Oxford expresses guarded optimism for the world opening up again.Produced by Frey Lindsay.(Image credit: Getty Images.)
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Folge vom 10.11.2020The 'milestone' vaccine is already having an effect
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Folge vom 09.11.2020US Elections: How will Biden approach the economy?US President-elect Joe Biden is to make tackling the coronavirus pandemic his top priority following his win over Donald Trump, his team says. Larry Summers, former director of the National Economic Council under President Obama says the country can’t have a healthy economy without a healthy population. But before the President-elect can get to work, he and his team have a slew of legal challenges from President Trump to fend off. Barry Richard, veteran Florida lawyer who represented then candidate George W. Bush in the 2000 election Supreme Court battle, runs down the merits of those challenges, as well as their flaws.Produced by Frey Lindsay and Joshua Thorpe.(Image credit: Getty Images)
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Folge vom 07.11.2020Business WeeklyAfter a nail-biting week, the Oval Office is within Joe Biden’s grasp - on this edition of business weekly we’ll ask what this means for US economic policy. We’ll find out why the markets rallied and ask a former climate negotiator what a Biden presidency could mean for the environment. We’ll also hear from the sailors stuck at sea thanks to covid restrictions. There are concerns that that the plight of the 400,000 sailors unable to go ashore and home could become a humanitarian catastrophe. Plus, we take a closer look at the little Ant that grew into a financial giant as Jack Ma’s financial company is prevented from listing on the stock exchange at the last moment. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
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Folge vom 06.11.2020Uber and Lyft's big winWhen they cast their votes for US president, Californians also approved a change to the law allowing gig economy companies like Uber and Lyft to keep treating their drivers as contractors, not employees. The move could have major consequences for the gig economy. Manuela Saragosa speaks to Geoff Vetter from the Yes to 22 campaign, which fought for the law change, and to Veena Dubal, law professor at the University of California, who argues the vote is a disaster for workers' rights. Dave Lee, Silicon Valley correspondent for the Financial Times, tells us what it means for the future of companies like Uber.(Photo: Uber and Lyft logos, Credit: Getty Images)