Tuesday, April 30

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 30 April 2019

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Google’s advertising revenue slows more than expected, The We Company joins the list of highly valued private companies eyeing a public listing and a group of shipping industry executives call for a speed limit on commercial vessels to cut emissions. Plus, the FT’s US industry and energy editor Ed Crooks explains what Occidental Petroleum’s $55bn bid for Anadarko Petroleum means for the companies and the US oil and gas industry.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0	The UK's energy partner.
0:06.0	Learn more at equinore.
0:10.0	Good morning from the newsroom of the Financial Times.
0:12.0	Today is Tuesday, April 30th and Good morning from the newsroom of the Financial Times.
0:12.7	Today is Tuesday, April 30th, and this is your F.T. news briefing.
0:18.0	Investors in Google's parent company, Alphabet,
0:20.5	are concerned by the unexpected slowdown in ad revenue.
0:24.5	The shared office space provider, We Work, is making moves to go public.
0:29.1	And shipping chief executives want to put a speed limit on commercial vessels.
0:33.6	Plus, the F.T.'s Ed Crooks explains what oil producer Occidental's $55 billion
0:39.2	bid for Anadarko means for the shale industry at large.
0:43.0	I'm Mark Filipino, and here's the news you need to start your day.
0:47.0	A slowdown in Google's core advertising business
0:53.2	sent a tremor through Wall Street overnight.
0:55.8	Shares in parent company Alphabet fell by as much as 7%
0:59.4	after it reported first quarter earnings
1:01.5	which were less than expected.
1:03.7	Alphabet said revenue grew 17% in the quarter, down from 21% in the same period last year.
1:09.8	Even at 36.3 billion dollars, gross revenue was still nearly $1 billion below what analysts were expecting.
1:17.6	The company said its most recent shortfall was due to the strength of the U.S. dollar,
1:22.1	a strong quarter last year, and fewer enhancements
1:24.7	to its advertising services in recent months.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.