live from london, this is bbc news. avoiding another banking crisis: us regulators race against the clock to find a buyerfor troubled first republic bank, whose shares plunged last week. more protests in france as unions call for further strike action against the government s pension reforms. and solving london s housing crisis: we ll tell you how one community is building its own solution by selling affordable housing to the locals. hello. i m mark lobel, here with your top business stories. let s start in the united states, where us regulators are racing to find a buyer for the troubled first republic bank. the federal deposit insurance corporation has reportedly asked six banks to bid for the lender, and wants a deal in place within the next 2a hours. shares in first republic plunged last week after it admitted customers had withdrawn $100 billion in deposits in march. at that time, its competitor silicon valley bank had collapsed, prompting fears of a wider banking crisis
microsoft both unveiling quarterly report cards beating expectations. shares alphabet jumped after hours as the company announced that its scored a seven quarterly revenue rose to $69 billion. it s stock in microsoft got a britain extended trading with quarterly revenue mainly driven by growth in its clad competing businesses. dan ives is senior equity analyst at wentworth securities and says these are welcome news for the tech sector. ,, ., welcome news for the tech sector. , , ., ., ~ sector. some sunshine in a dark environment. sector. some sunshine in a dark environment. this sector. some sunshine in a dark environment. this reflects - sector. some sunshine in a dark environment. this reflects the l environment. this reflects the muscles moment for big tech in terms of what we saw from alphabet and microsoft, both on cloud and digital advertising. markets will be focused on this tomorrow. markets will be focused on this tomorrow tomorrow. the hottest thing at the
and microsoft both unveiling quarterly report cards beating expectations. shares in alphabet jumping after hours as the company announced that quarterly revenue rose to $69 billion. meanwhile, microsoft a boost in extended trading with quarterly revenue mainly driven by growth in its clad competing businesses. dan ives is senior equity analyst at wentworth securities and says these are welcome news for the tech sector. some sunshine in a dark environment. this reflects the muscles moment for big tech in terms of what we saw from alphabet and microsoft, both on cloud and digital advertising. markets will be focused on these results tomorrow. the hottest thing at the moment appears to be ai, but is google s market share at risk? this was a sigh of relief in terms of what we see on the ai front in terms of bard and ultimately focused on what google is trying to do. there is definitely a game of thrones going on in al. microsoft is leading, but google has all hands on deck des
bombing that killed dozens at kabul s airport has been killed by the taliban. that s according to us officials. 70 civilians and 13 american troops were killed when a bomber detonated his device among packed crowds as people tried to flee afghanistan, in august 2021. the officials did not reveal the name of the man, who was the leader of an islamic state cell. they said the leader died weeks ago, but it took time to confirm his death. us officials say intelligence gathering and monitoring of the region led them to conclude the leader had died, though they did not provide further details on how they learned that he was responsible for the bombing. the us began notifying families of the deceased troops about the death of the is leader on monday. earlier, i spoke with the director of the center for strategic and international studies, sethjones, about the reports. what do we know about what happened and who the leader of this is cell is? what us officials have talked about is th
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