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BBCNEWS Business June 7, 2024



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 ....

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BBCNEWS Newsday June 7, 2024



has been watching as world leaders remember. the proud anthem of the french resistance. sung in normandy today by the students who could be the great, even great great grandchildren of those who fought and died here forfreedom. at this international d day ceremony, heads of state and government, representatives of europe s royal families stood shoulder to shoulder. hearts full of gratitude. translation: they were afraid. but they knew that they were fighting a just war. and that every step they took, brought them closer to restoring freedom to the world. but a new war in europe hung heavy over today s commemorations. russia was crucial in the defeat of nazi germany. but while ukraine s president was invited here. you re a saviour of the people! ..vladimir putin was not. this is the us military cemetery in normandy. final resting place for well over 9,400 us soldiers. earlier today, joe biden made it clear why russia s president wasn t welcome. to surrender to bullies, t ....

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BBCNEWS BBC June 7, 2024



women are among the dead. casualties were rushed to the al aqsa martyrs hospital, in the nearby town of deir al balah, which has been overwhelmed since the israeli military began a new ground operation against hamas in central gaza this week. our middle east correspondent lucy williamson has the latest. ad a warning, some viewers may find images in her report distressing. torchlight barely reveals the bodies. who they were, why they were here, can take even longer to expose. israel says this strike hit a hamas compound inside a un shelter. but an israeli human rights group said if that were true, the harm to civilians could still make it a war crime. a hamas official said women and children were among the dead. in daylight, survivors mined the rubble for scraps of security. the head of the un agency for palestinian refugees said 6,000 people were sheltering here and that there had been no warning of the strike. ibrahim s cousin, mohammed, was killed. translation: i was ....

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BBCNEWS Business June 7, 2024



forward to getting back to his family and his work in the uk. it s a stunning reversal for mr lynch, who has been involved in legal battles over autonomy ssale for more than a decade. he and autonomy s former finance chief lost a civil trial in the uk two years ago, which also focused on allegations that they inflated autonomy s revenue before the sale to hewlett packard in 2011. workers at samsung electronics are going on strike today for the first time in the company s history. a union representing about 20% of the workforce has called the one day protest over pay and holidays. the company is one of the world s largest maker of smartphones. mark newman is founder of an investment firm and worked at samsung for six years. he told me about what impact the strike is likely to have. i think most likely there won t be any impact. it is a fifth of the workforce. in fact, what is quite different about this is it is not a strike as we would normally expect it in the west as e ....

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BBCNEWS Business June 6, 2024



team and said he was looking forward to getting back to his family and his work in the uk. it s a stunning reversal for mr lynch was been involved in legal battles over autonomy sale for more than a decade. he in the formerfinance sale for more than a decade. he in the former finance chief lost a civil trial in the uk two years ago, which also focused on allegations that they are slated revenue before they are slated revenue before the sale to hewlett packard in 2011. for the first time in five years, the european central bank has cut interest rates. the move was widely expected with inflation easing in the 20 first samsung it s a first ever. the union was set “p first ever. the union was set up in 2020, before then there was no union. when i worked in samsung there was no union. it s very hard working company. employees work very hard and they used to work very long hours. these days i m actually the company is becoming much more lenient and ours are not as severe ....

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