Tech giants hit by slowing economy
Sales at Google and Microsoft have slowed sharply amidst fears of economic downturn
Parent company of Google and YouTube - Alphabet has said sales rose just 6% in the three months to September, to $69bn, as firms cut their advertising budgets. Microsoft also expressed concern demand for its computers and other technology had weakened.
Ukrainian authorities have advised refugees not to return back to the country until spring to help ease pressure on the energy system after a wave of Russian attacks.
Clothing giant Adidas has cut ties with rapper Kanye West, following anti-Semitic comments made on Twitter.
Cutting the partnership means Adidas will make a net loss of 拢217m in 2022 as a result.
(Microsoft has cut jobs in recent months. Credit: AFP/GETTY)
Last on
More episodes
Broadcast
- Wed 26 Oct 2022 00:06GMT大象传媒 World Service
Podcast
-
Business Matters
Global business and finance news and discussion from the 大象传媒