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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 04:44:00

If it went through a damage investment by the drug industry. berlin. what s the rationale for that argument? in rationale for that argument? t i the last two decades europe rationale for that argument? t t the last two decades europe has lost about one quarter of its research and development of the rest of the world and in fact the gap with the us is the most stark i would say, about 20 years ago there were 2 million difference in investment in research and development and todayit research and development and today it is 25 billion difference. but as we heard also earlier in the programme is notjust the us but china are attracting our companies and we are hearing eu headquartered company companies doing their research in the us, so at this moment where europe is looking for it competitiveness is looking to regain on the global scene, this is an industry where, you would hope, and we certainly very strongly hope, that the new legislation will have the kind of incentives that will att

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