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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

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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Transcripts For BBCNEWS Business 20240605

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. trade officials have been struggling to figure out trade officials have been struggling to f

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But investors are watching the changed political landscape and the health of the coalition government that comes to power. so while mr modi, under whose tenure the benchmark indices have almost tripled in value, is on course to get the historic third term as prime minister, this one will be much different without a clear majority. mr modi, as prime minister, will need consensus from the coalition partners to pass legislation and that could delay some of the tougher ones, like the long pending agricultural reforms or the land and labour reforms needed to spur manufacturing and jobs. infrastructure that has been the core selling point of modi, government experts say, will continue to be key. india does need to ramp up electrification, railways, industrial corridors. butjust government spending won t help. private investments in infrastructure needs to come in. needs to come in for india to sustain its fast paced economic growth in the long run. at the same time, in his third term, mr mod

Shehbaz-sharif
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But investors are watching the changed political landscape and the health of the coalition government that comes to power. so while mr modi, under whose tenure the benchmark indices have almost tripled in value, is on course to get the historic third term as prime minister, this one will be much different without a clear majority. without a clear majority mr modi, as prime minister, will need consensus from the coalition partners to pass legislation and that could delay some of the tougher ones, like the long pending agricultural reforms or the land and labour reforms needed to spur manufacturing and jobs. infrastructure that has been the core selling point of modi, government experts say, will continue to be key. india does need to ramp up electrification, railways, industrial corridors. butjust government spending won t help. private investments in infrastructure needs to come in. for india to sustain its fast paced economic growth in the long run.

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