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Transcripts For BBCNEWS Talking 20240705

talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i m going to be discussing all of that with these two, there they are. the big boss of the world second biggest shipping company, denmark s maersk, who tells me that consumers are already feeling the effect with higher prices. and the boss of the un s international maritime organisation, who will fill us in on what needs to be done to keep the oceans free for global trade. plus, big bucks for the big stage the man who runs the world s biggest brewer, the giant behind budweiser, corona and stella tells us why he is spending h

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Transcripts For BBCNEWS Business 20240606

nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, meta, and microsoft all ended the day up as well. the major indexes have been hitting high water marks over and over in 202a. this marks the nasdaq s 13th record close this year and the 25th for the s&p. another brand on the up lululemon. the activewear brand beat wall street expectations on revenue in the first three months of the year. strong sales in china helped buffer a slowdown in spending in the us. shares rose around 12 percent on the results. us commerce secretary gina raimondo is in singapore this week for a meeting of the indo pacific economic framework, an initiative to improve economic ties between america and asia. along with executives from major us companies, she also attended a forum to promote investments in green energy. for more on this, we re joined by deborah elms, the head of trade policy at the hinrich foundation. it s a complicated frayed work. it s a complicated frayed wo

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Transcripts For BBCNEWS Business 20240606

which started the year at under $500 a share and closed on wednesday at over $1,200 a share. that is just such a huge jump in a short time. it rose over 5% in value on wednesday alone, giving it the market cap of just over $3 trillion. let s hear more from our north america business correspondent erin delmore. wall street s on a record breaking run. the latest all time high closes for the s&p 500 and the nasdaq. the latter powered by you guessed it nvidia. the chip makerjoined the $3 trillion club on wednesday, overtaking apple as the world s second most valuable company. microsoft is still the world s number one. nvidia is only the third company to ever exceed $3 trillion in market value. it s leading in the race to develop the chips needed to enable new artificial intelligence applications. and that s where the other tech giants and a lot of companies are spending big bucks right now. nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, meta,

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Transcripts For BBCNEWS BBC 20240606

warning, you may found her report difficult to watch. amid ruins that reeked of death. palestinians poured over what was once gaza is biggest and best equipped hospital after israeli forces withdrew. israel s military raid in march was the second at the site and it was dramatically destructive. four mass graves containing local team say containing local team say contain hundreds of bodies have now been dug out. prompting an investigation into possible war crimes. there are reports of suspicious files. translation: we ve discovered suspicious files. translation: we ve discovered bodies - suspicious files. translation: we ve discovered bodies of- we ve discovered bodies of women and children and people without heads as well is torrent body parts. israel s military said torrent body parts. israel s military said it torrent body parts. israel s military said it exhumed i torrent body parts. israel s - military said it exhumed bodies which palestinians had buried earlier as

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Transcripts For BBCNEWS Business 20240606

it s leading in the race to develop the chips needed to enable new artificial intelligence applications. and that s where the other tech giants and a lot of companies are spending big bucks right now. nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, meta, and microsoft all ended the day up as well. the major indexes have been hitting high water marks over and over in 202a. hitting high water marks this marks the nasdaq s 13th record close this year and the 25th for the s&p. another brand on the up lululemon. the activewear brand beat wall street expectations on revenue in the first three months of the year. strong sales in china helped buffer a slowdown in spending in the us. shares rose around 12 percent on the results. us commerce secretary gina raimondo is in singapore this week for a meeting of the indo pacific economic framework, an initiative to improve economic ties between america and asia. along with executives from major us companies,

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