On this episode of Business Weekly, we examine the world of amateur traders. One in five Americans now play the stock market, but there are warnings that inexperienced traders could be caught out. Also, we take a look at the new space race. Commercial enterprises are vying to see who can get the most satellites into orbit in order to provide internet connectivity to some of the world’s poorest and most rural regions. In the week when Bumble made its market debut, we hear how dating apps are faring during the pandemic. And we chat to the man who provides books for home offices so his clients can seem well-read on video conferencing calls. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
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Folge vom 13.02.2021Business Weekly: 13/02/2021
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Folge vom 12.02.2021African Free trade: What’s in it for women?After years of planning and delays, Africa’s new trade bloc, the African Continental Free Trade Area, opened in January with the promise of transforming the continent’s economies. Amandla Ooko-Ombaka of McKinsey and Company in Nairobi explains the enormous poverty-reducing potential the bloc represents. But some are calling for the agreement’s terms to more directly benefit women, by helping facilitate trade in their wares across borders. Caroline Gethi of the Organisation of Women in International Trade and Gloria Atuheirwe of Trademark East Africa say the agreement hasn't gone far enough to promote gender equality, and that it as yet doesn’t even recognise the role of women in informal trade which is the backbone of Africa’s economies.Producer: Frey Lindsay(Image credit: Getty Images.)
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Folge vom 11.02.2021Brexit and the CityIs one of the world's mighty financial centres under threat from the damage done by the UK's departure from the EU? Six weeks after the final Brexit divorce, Katie Martin of the Financial Times explains the short-term impact, and long-term implications. One winner is Amsterdam. Michael Kent, co-founder of Azimo, a digital payments firm, tells us why he's opened an office there. And if the City of London is losing its allure, why are bankers so optimistic? We hear from the boss of Barclays.Photo: A man wearing a traditional bowler hat looks over at London's financial and business district known as the Square Mile (Credit: Getty).
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Folge vom 10.02.2021The rise of amateur day tradersWhen shares in the apparently declining games company Gamestop soared almost 2000% in less than a month, the world’s attention was drawn to an army of amateur investors on new mobile trading platforms such as Robinhood. Investment author Ann Logue breaks down what makes these amateur traders different from regular day traders, and we’ll hear from one such amateur on the ups and downs of playing the market. Professional investor Bill Brewster speaks about what responsibilities the new investing apps have in making sure their users are informed both about the risks and how the apps actually work, and Barbara Roper of the Consumer Federation of America suggests where regulation can play a part. We’ll also hear from day trader and YouTuber HumbledTrader, who cautions people from getting into the game without doing their own research.Producer: Marie Keyworth.(Image credit: Getty Images.)