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World Coronavirus Dispatch: Google ad sales bounce back sharply

Opening early helped Pakistan boost exports, German economy grows 8.2% in third quarter, UK house prices post biggest annual gain since 2015, and other pandemic-related news across the globe

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A cleaner in Amman works during the two-day nationwide curfew in Jordan, amid fears of the rising number of Covid cases. Photo: Reuters

Yuvraj Malik
Google ad sales bounce back sharply from pandemic slump: Google’s advertising business staged a much stronger rebound from its coronavirus slump than expected in the latest quarter, boosting revenue and earnings of parent Alphabet well above what analysts had expected. 

Earnings from the search giant — which came just days after it was hit with a landmark antitrust lawsuit from the US government — showed that its core search business had returned to growth after the pandemic led the company to report its first-ever business contraction. Alphabet shares rose as much as 9 per cent higher in after-market trading. Along with