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Google has revealed that its strong anchor on smartphones has contributed to tremendous growth and profits in the last quarter, less than a week after the EU hit the Internet. with a fine of 4.3 billion euros on its Android mobile software
Shares of Google's parent company, Alphabet, climbed 4% Monday afternoon, while Wall Street recorded a new period accelerated growth of advertising activities.
The Brussels fine was reduced by 60 percent by Alphabet's profits during the three months up to the end of June. However, investors have looked at this latest proof that its Android strategy has been a commercial success.
In the news
the United Kingdom acts in China
British ministers will announce plans to strengthen the government's review of foreign takeovers in UK industries that have trade problems. national security. (FT)
The Dismantling of Trump's Spies
Donald Trump Plans to Revoke Security Clearances Held by John Brennan, the Former Director of the CIA, and Other Heads of Defense Retired intelligence who criticize his approach to Russia. (FT, NYT)
The EU will pay migrants
Brussels will offer EU governments 6,000 € for every migrant captured by boats stranded in the Mediterranean, as part of plans to ease the pressure of immigration government. (FT)
Anger over the latest vaccination scandal in Beijing
More than 250,000 doses of diphtheria, tetanus and whooping cough vaccines were distributed to medical centers in China the year last. and prompting Xi Jinping to request a probe. (FT, Caixin)
Progress in Pyongyang
North Korea appears to have begun the dismantling of a missile launch facility, according to satellite imagery, which could be the first Concrete sign of progress since Donald Trump and Kim Jong Un met in June. (FT)
Potential BoJ policy change worries markets
Worries that Bank of Japan may adjust monetary policy on Monday, causing the biggest jump in Japanese government bond yields in two years the 10-year Treasury yield. (NAR, FT)
The day ahead
US profits
A big week for US profits continues. An increase in telephone subscribers is expected to boost earnings in the second quarter of Verizon Communications, while strong missile and firefighting sales should help Lockheed Martin to post higher revenues and profits in the second quarter. The US AT & T wireless carrier is expected to post a rise in earnings in the second quarter and investors will seek comment on the US Department of Justice's appeal of the decision that allowed AT & T's 39, buy Time Warner. (FT)
Pakistan Countdown
Pakistan goes to the polls on Wednesday and badysts predict a tight fight between the Pakistan Muslim League-Nawaz and Pakistan Tehreek-e-Insaf, led by the charismatic former cricket of the country. Captain Imran Khan. (FT)
Keep up to date on the great business, the economy and politics in the coming days with the next week of the FT
What We Read
The Addiction to Smartphones: The Balanced Great Technology
Apple claims to never want people to spend all their time on their mobile devices. But in terms of smartphone addiction, where will Apple, Google and Facebook go when their business models are so closely related to those same eyes? (FT)
Revenge on the United States is sweet for Putin
The Russian president derives satisfaction from America's embarrbading, writes Gideon Rachman. Vladimir Putin's worldview is built around the idea that the West has weakened and humiliated Russia for decades. (FT)
The Battles of May
It has a broad and expressive mouth that cracks into grimaces and betrays an inner tumult, while the emerging sentences are often circular and devoid of meaning clear & # 39 ;. And so goes the New Yorker profile of Theresa May, the Brexit and the uncertain future of the UK. (New Yorker)
"A Different Version" of Tiger Woods
The professional golfer was briefly in the lead in the final round of the British Open, but tied for sixth place. At 42, he's not too old by golf standards. He could be author of another act in his storied career. (WSJ)
My Perfect Summer
How to Spend Your Vacation: Ambbadadors, Adventurers and Chefs on the Art of the Great Getaway.
Sumptuous Lifestyles of Rich Chinese Pets
Five decades after President Mao's Red Guards killed pet dogs – a "bourgeois" accessory – young Chinese people are spending more and more money. money for animals. After enriching its owner, this border collie now lives in a $ 500,000 pet mansion. On Monday, China's central bank injected $ 74 billion into its banking system to help strengthen the weakening of the national economy against the impact of a growing trade war with the states. United States and increasing friction with the United States. Washington on its currency down. (FT)
Video of the Day
Factory Floor: Inside Raleigh HQ
FT Visits Nottingham Headquarters of Raleigh Bicycle Company, Founded in Years 1880 and home to iconic bikes like the Chopper, Grifter and Burner. The company has been very successful but has gone through a turbulent period and is now focusing on e-bikes. (FT)
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