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Could save consumers up to £40 billion by 2050. Now on bbc news, all the latest Business News live from singapore. The Parent Company of google sees its quarterly profits slump after a massive fine from the European Commission. A start up ceo, One Man Cashing in on the transfer business. Hello. Welcome to Asia Business report. Im Sharanjit Leyl. Its a tuesday. Alphabet has scored d for disappointing on its report card, falling 3 in late trading after quarter earnings missed Market Expectations. It makes most of its money from google. Profits slumped by 28 after it was fined a record 2. 7 billion by european Regulators Injune for 2. 7 billion by european regulators in june for alleged anti trust behaviour. Google denies the charges. Alphabet also has bets in other sectors like biotech, autonomous vehicles, and their mysterious moonshot project. Spending fell sharply in the quarter. I spoke to someone who said the news is not as bad as some are making it out to be. It is not as disappoi

World tourUnforeseen circumstancesBattery technologyGreg clarkBbc newsA billionParent companyBusiness news40 billion 40 billionEuropean commissionOne man cashingTransfer businessWelcome to asia business reportSharanjit leylMarket expectations