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Transcripts For BBCNEWS Asia Business Report 20240706

and cloud computing giant it continues a trend in big tech set out this week by the likes of meta, microsoft and alphabet whose latest results show that they re all doing surprising well. this has lifted markets across the board. lisa lisa we saw similar on wall street. here s the bbc s samira hussain. over the last year, amazon has been aggressively cutting costs to help boost profitability. it s laid off 18,000 people and is currently about to eliminate another 9000 jobs. is currently about to eliminate another 9000jobs. it is currently about to eliminate another 9000 jobs. it would appear that some of those measures are already paying off, as the retail giant posted earnings that beat investor expectations. amazon s cloud computing business which didn t go as much as expected last quarter did very well in the first three months of this year, as did its advertising business. even retail, a core part of amazons business exceeded expectations. the boom in online shoppi

Transcripts for BBCNEWS Asia Business Report 20240604 23:39:00

weaker than they were last year around the same period. in asia, we have seen a top tank inventory, and that is one of the reasons also we have seen less appetite for this. the weather is responsible, part of it, we have seen a slow recovery for economic reasons. also china is dependent on russia for its gas supply both by lng. it had increased its report from other sources. picking up on china, there were high expectations that as the chinese economy reopens in this post pandemic era, we would see a bump in a lot of commodities, but that does not necessarily happening when it comes to lng. talk me through why that is the case. it talk me through why that is the case. , , , case. it is very interesting, in the first case. it is very interesting, in the first quarter - case. it is very interesting, in the first quarter to - case. it is very interesting, in the first quarter to see l in the first quarter to see that china has reloaded many cargoes, which is the date

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