Investors and analysts will likely be looking to see if the company can continue to grow its cloud business - which includes the G Suite featuring applications like Gmail and Google Drive, as well as enterprise cloud solutions. But cash continues to be spent and higher costs loom as Google prepares for intensified clashes with regulators. Revenue in these businesses closed at $6.43 billion versus $6.32 billion forecasted to round up the quarter.
We're going after the big polluters. He also picked a side in the upcoming general election . Ahead of an election rally in London , veteran socialist Corbyn attacked Johnson's "born-to-rule Conservatives" who he said were interested only in protecting "the privileged few".
Fiat shares rose 8.5 per cent to 12.75 euros at 9:17 a.m.in Milan while PSA stock was up 7.7% to 26.84 euros in Paris. As part of the deal, FCA will pay its shareholders a 5.5 billion euro ($6.1 billion) special dividend and hand them shares in its robot-making unit Comau, they said .
The BoC Governor Stephen Poloz reiterated that Canada faces external risks that can not be addressed via monetary policies. While the Bank has estimated the Canadian economy will grow by 1.5 per cent this year, 1.7 per cent in 2020 and 1.8 per cent in 2021 but at the same time said "growth in Canada is expected to slow in the second half of this year to a rate below its potential".
An all-share merger of equals is one of the possible scenarios, with Carlos Tavares heading the company as chief executive officer and John Elkann as chairman. That's a potentially big group, considering the combined entity could sell somewhere in the region of 8.5 million cars a year, worth around $50bn. In April, Robert Peugeot, president of the Peugeot family's holding company, said a deal with Fiat was an option.
Things worth watching: commentary from Powell on the Fed's decision in mid-October to resume organic balance sheet growth, in addition to whether there will be dissents. The Fed does not control those rates directly. Jerome Powell , a former investment banker, chairs the Fed's board of governors, and is seen as the world's most powerful central banker due to the outsized influence the Fed's decisions have on financial markets around the world.