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World Business Report: First broadcast 2018/07/23 22:32 GMT: Alphabet Surprises as Ad Sales Beat Forecasts

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China Vaccine Scandal Sparks Outrage

First broadcast 2018/07/23 22:32 GMT

First broadcast 2018/07/23 22:32 GMT: Alphabet Surprises as Ad Sales Beat Forecasts

Alphabet Surprises as Ad Sales Beat Forecasts

BBC World Service - World Business Report, Alphabet Surprises as Ad Sales Beat Forecasts

Shares in Google's parent jumped after the firm reported stronger ad sales than expected

Shares in Google's parent company, jumped as much as 5% in after-hours trading after the firm reported stronger ad sales than expected.

Shares in Google's parent company jumped as much as 5% in after-hours trading after the firm reported stronger ad sales than expected. While the company was fined 4.3 billion euro by EU regulators last week, Jim Edwards of Business Insider argues that the good news for Alphabet far outweighs the bad. Beijing has ordered an investigation into Changsheng Biotechnology over its rabies vaccine as panic grows over product safety. The company was found to have falsified production data.The BBC's Kerry Allen describes the ongoing social media storm and Heidi Larson at the Vaccine Confidence Project explains the wider implications. Dr Bruce Gellin, President of Global Immunisation at the Sabin Vaccine Institute outlines what should be happening in terms of transparent, safe vaccine production. Then, should women's sanitary products be taxed? India has ended its so-called "Tampon Tax", but how likely are others to follow? And we'll hear about the multi-billion-dollar industry that will follow the legalisation of marijuana in Canada.

(Picture: Computer screens displaying Google logos. Credit: Getty Images)

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