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we start in the us, where the british tech tycoon mike lynch has been cleared of fraud charges in a san francisco court. once hailed as a uk bill gates, mr lynch was facing fraud charges over the $11 billion sale of his software firm, autonomy, to hewlett packard back in 2011. mr lynch had been accused of inflating the value of his firm ahead of the sale a jury has found him not guilty on all counts. our north america business correspondent erin delmore has the details. when autonomy was sold to hewlett packard 13 years ago for $11.1 billion, it was one of the top 100 public companies in the uk. the sale marked the la rgest ever takeover of a british technology business. but hewlett packard later wrote down the company s value by more than $8 billion, leading to criminal charges that mike lynch had defrauded hewlett packard by inflating the value of autonomy. the businessman was extradited from britain to the united states to stand trial on the charges, which could ha ....
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 fra ....
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 compa ....
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 strugglin ....
as the billionaire pop star s eras tour gets underway in scotland. welcome to business today. i m sally bundock. more now on the results in europe as the bloc s parliamentary elections come to a close. as you ve been hearing, we ve seen a surge on the right across the region. we ve seen a surge to the right across the region. in france, the strong showing for marine le pen s national rally triggering a snap election in france called late yesterday by president emmanuel macron. the outcome of these elections are of significance because the politicians in the european parliament will be agreeing on the bloc s budget and economic policies and its position on trade. the european union is the world s largest trading bloc the top trading partner for 80 countries worldwide. with 27 member countries and an integrated economy, it has a combined population of around 440 million people. that s a vast consumer base for its own producers and exporters around the world. let s hea ....