Expenses. Regulatory and privacy pressures mount. Dar p china spoke on alphabets ceo spoke about this. The momentum has been great. Ever since thomas has come in, he has continued to invest across the board. Focused a lot on operational teams. It is playing out well in this business. To be inortant for you as many situations as possible. Nejra joining us now is bloombergs opinion tech columnist and Marija Veitmane from state street is still with us. Before this release, alphabet shares had hit a record. How concerned are investors going to be about this latest news . People are fundamentally investing for growth. There was a bit of dip in aftermarket trading. The cloud is becoming a very contested space. We saw pretty much the same from amazon last week, that they are also investing to defend their market share. Investing tole is secure their market share. They do Something Like 8 billion per your revenue from the cloud. Amazon doesnt 9 billion per quarter. Doesan see that amazon 9 bil
a year, with businesses also in line for help. it s expected to be funded by £100 billion of government borrowing. in germany, the government has already brought in subsidies for low income households along with other measures, costing about about 60 billion euros which is £51 billion. injanuary, the french government forced the state owned energy provider to cap wholesale price rises to 4% for a year and they also brought it other measures. that s all expected to cost 45 billion euros which is £38 billion. but of course today we ll find out more about the support there you go, darling. this lunch club in peterborough provides much needed help for people struggling with cost. it s not uncommon that i get to the last two weeks when i waiting for the 15th when i m going to get paid and i ve got barely anything. the basic necessities. i don t get paid until next week and i ve literally got £4 of electric left, so i ve got to scrabble around because i m on a prepaid metre. i
consortium of news organizations. ukraine s president zelenskyy is on the verge of disaster with ukrainian and russian forces saying the other is about to stage a nuclear incident at zaporizhzhia with russia telling its operators today not to report to work. and we ll look at the surprising senate race in pennsylvania. one of a handful of match-ups, key match-ups where democrat candidates are beating expectations in recent polls and republican leaders suggesting it s donald trump s fault for backing unqualified contenders. i think there s there s probably a greater likelihood that the house flips than the senate. the senate races are just different. they re statewide. candidate quality has a lot to do with the outcome. we begin with nbc justice and intelligence correspondent ken dilanian, and david loftman, chief of counterintelligence at the justice department s national security department. many legal experts were quite surprised by the judge s ruling and that tru
Following the successful trading session in asia. Mifid ii, 15 minutes into the trading session, there was 25 less volume ban on the 30 day moving average. Looking at your dollardollar, unchanged. Tle bit at 2. 7 my 10 year yield . Well talk geopolitics and south and north korea talking. Coming up on bloomberg surveillance, we will be speaking to Lucy Macdonald, chief Investment Officer at lianzl equities and al global investors. Twe also discussed the new financial law. And Daniel Morris also joins us at 10 00 a. M. Lets get straight to the bloomberg first word news. Nejra u. S. President donald trump has responded to kim jong uns latest threat. Trumps remark on twitter came that kimw arne warned the u. S. The Nuclear Button is always on my desk. Earlier trump claimed his peonts to pressure th pyongyang were having a big impact. According to white house officials, trump met with Vice President mike pence and members of his National Security team to discuss the protests amid liberation
Failing to complete safety recalls. The carmaker will now be monitored. Welcome, good morning. Im caroline hyde. He has some breaking news from ubs the bank is publishing secondquarter results early. Lets get out to ryan, at the breaking news desk. Ryan 1. 21 billion is the net income, 53 from what they did last year. Thats better than what analysts were expecting. They expected something closer to 900 million, and the reason is private Wealth Management. Sergio armani issued triumphant earnings today, saying he was very pleased with how things were going. They cut costs and obviously revenue is coming in well. Capital rates shows the company staying above target 14. 4 . These numbers came out earnings came out over the weekend in the swiss newspaper and it left a lot of people confused. Ubs this morning said it also misled people and that is why they moved their earnings up. It is kicking off a very busy week for the bank. Caroline thank you very much. More breaking news lets kick it