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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 04:52:00

Shares in us bank first republic have tumbled nearly 50% as investors question its future. the falls came a day after the mid size us bank said customers had pulled more than $100 billion from their accounts amid last month s banking panic. plastic in the oceans and rivers is a growing problem. more than 171 trillion pieces of plastic are now estimated to be floating in the world s oceans, according to the five gyres institute. the company think ocean has been selected by the european commission as one of the 22 worldwide organizations in the horizon mission to restore our oceans and waters by 2030. they have developed, in cooperation with the university of derby, a new river cleaning system. they claim it is capable of stopping and retrieving up to 92% of the plastic in rivers, before getting to the oceans. they are deploying it and testing it in serbia, as part of eu horizon mission from september later this

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