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Transcripts For BBCNEWS World Business Report 20240706

we speak to the swedish company aiming to make freight more electric and looking to the uk market. the sacked boss of the cbi has told the bbc that he has been made the fall guy for the crisis engulfing the business lobbying group. tony danker apologised to anyone at the organisation that he had upset or made uncomfortable, but said his reputation has been destroyed as the public have wrongly connected allegations against him of sexual harassment with separate charges of serious misconduct that occurred before he joined the cbi. he has been talking to our business editor simonjack. first, simon, iwant first, simon, i want to apologise to anyone at the cbi and i made upset or uncomfortable. that is on me. that is on me. but i ve had a week of coverage saying that tony danker sacked in rape scandal. these stories have been about rape and sexual assault and cocaine and bullying. none of that was anything to do with me and it was all before my time. so, the first thing that has h

Transcripts For BBCNEWS Business 20240702

Price on a tear. The stock . Well, its up 97 this year alone. We dug into nvidia is resold with marc einstein, chief analyst and Digital Services at itr corp. He said if the momentum is sustainable. I cant really remember the last time we were talking about triple digit growth in the tech industry. So this is very exciting but, as youve said, this is being driven by the Big Data Centre players, and they do have a buying cycle and so i think we need to be a little bit cautious when we think about, you know, how long we can expect this kind of Phenomenal Growth to continue. Well, nvidia also announced that they will be having a 10 for 1 stock split. What does that mean for investors . I mean what it really means is this is becoming one of the largest held retail stocks. And so, you know, were going from institutional to retail and that will change the Price Dynamics and the outlike of the outlook of the stock as well. And the outlook of the stock as well. And Artificial Intelligence chip

Transcripts For BBCNEWS Business 20240702

Gaming consoles, has been transformed by demand from data centres, which are at the heart of the generative ai boom and have sent its share price on a tear. The stock . Well, its up 97 this year alone. We had more insight into nvidias results with marc einstein, chief analyst, telecommunications Digital Services at itr corp. I asked him if he thinks the chip giants current momentum is sustainable. I cant really remember the last time we were talking about triple digit growth in the tech industry. So this is very exciting but, as youve said, this is being driven by the Big Data Centre players, and they do have a buying cycle and so i think we need to be a little bit cautious when we think about, you know, how long we can expect this kind of Phenomenal Growth to continue. Well, nvidia also announced that they will be having a 10 for 1 stock split. What does that mean for investors . I 10for1 stock split. What does that mean for investors . I mean what it really that mean for investors .

Transcripts For BBCNEWS World 20240703

Of digital markets, on trial for fraud and money laundering. At the heart of the case, whether mr bankman fried unlawfully used Customer Deposits from his crypto exchange, ftx, to cover debts, expenses and investments of his crypto hedge fund, alameda research, and to enrich himself and his inner circle. He has pleaded not guilty. The governments first witness was a former ftx customer who deposited £110,000 on the exchange. The government is expected to call on people who lost money when ftx went bankrupt, as well as at least three former executives at ftx and alameda, who were also personally close with mr bankman fried. The british car market grew in september, according to new figures. The society of Motor Manufacturers and traders says its up 21 on the same period last year. But sales of Electric Vehicles fell sharply, pulling the share of ev sales down to 16. 6 of the overall market. Lets cross live now to mark tisshaw, whos the editor of autocar. Mark, explained this, because w

Transcripts For BBCNEWS World 20240702

in the next few hours, after 118 days on strike. the dispute over pay, conditions and the threat of artificial intelligence to performers livelihoods has paralysed production at film studios and streaming services. it comes after the alliance of motion picture and television producers, representing the likes of disney and netflix, made a best and final offer to the union. suranjana tewari in singapore has been following the story. this is a huge for the business of hollywood? this is a huge for the business of hollywood? that s right this is the sag-aftra of hollywood? that s right this is the sag-aftra and - of hollywood? that s right this is the sag-aftra and it - is the sag aftra and it represents a lot of the actors who play the smaller roles, the lower level actors and they have reached a deal with the union that represents big streamers like disney and netflix. as you mention, they were one of two unions to go on strike this year, the others being the writers guild.

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