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Transcripts For BBCNEWS World Business Report 20240706

google s parent company, alphabet, and microsoft have both unveiled quarterly report cards that beat expectations. alphabet shares jumped a little more than 1.5% in after hours trade, as the company announced that its quarterly revenue rose to more than $69 billion. that s 3% higher than the previous year. microsoft stock also got a boost in extended trading, up a smidge over 8.5%, with a quarterly revenue beat that was mainly driven by growth in its cloud computing businesses. of briefings at insider intelligence. some signs of resilience here? yes. although clyde either one or two caveats that. expectations have drops considerably in the last year so this is the type of growth that both of these companies would have been mortified by just a year ago and now expectations have dropped to the point that this is meeting the point that this is meeting the mega expectations of the market is a win. the mega expectations of the market is a win. there is a lot of chat right marke

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Transcripts for BBCNEWS World Business Report 20240604 04:51:00

Almost circular dynamic, that exacerbates the inflation and thatis exacerbates the inflation and that is what the bank of england is really worried about, these transient effects that have been causing inflation so far like the war inflation so far like the war in ukraine and supply chain issues, that these movements make inflation stay much longer, and become very much entrenched in our economy and then much, much harder to bring down under control. down under control. thank you very much. down under control. thank you very much, victoria, down under control. thank you very much, victoria, in - down under control. thank you very much, victoria, in londonj very much, victoria, in london for us. let s get some of the day s other news 110w. british american tobacco is to pay $635 milion plus interest to us authorities after a subsidiary admitted selling cigarettes to north korea in violation of sanctions. the us authorities said the settlement related to bat activity in north korea

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