From the council and the Tenant Management Organisation that ran the block are likely to be interviewed under caution. Now on bbc news, all the latest Business News live from singapore. It has been a bumper week of earnings fall the tech names, but is on shares fall after earnings miss their mark. Is on shares. Amazon. And as the us company on track to meet president trumps Ambitious Goals . Second quarter gdp figures are released today. Hello, and welcome to Asia Business report. Im sharanjit leyl. It has been a big week of earnings from tech companies, household names, with services that are very much part of a everyday lives. We have seen fantastic Quarterly Results from googles parent company, alphabet, as well as facebook. But the latest, twitter, has bucked the trend. Its Quarterly Report card showed the companys Quarterly Report card showed the compa nys revenue was Quarterly Report card showed the companys revenue was down about 5 and advertising revenue fell by about 8 . Now,
Amazon Founderjeff Bezos briefly becomes the worlds richest person. But wall street nerves about the companys massive Spending Push him back down to number two. Plus, Making America Grow again. Will the latest figures on the us economy bring President Trump closer to his 3 target . Welcome to World Business report. Im rachel horne. Also coming up a billion dollar round of coffees as starbucks buys out its chinese partner. But first we start with retail giant amazon. It has seen its shares fall sharply after its latest figures disappointed wall street. The good news it is raking in huge sums of money as its sales keep expanding. The bad its spending a fortune on developing its business, and that is making investors nervous. Lets show you the details. Total sales in the three months tojune jumped almost a quarter compared to last year to just under 38 billion. Unfortunately, they spent almost all of it Operating Expenses surged to well over 37 billion. That means there wasnt much actual