US autos, homebuilders, materials take hits as Trump trade war kicks off

By Medha Singh and Kanchana Chakravarty (Reuters) -Shares of U.S. companies have come under pressure from the latest escalation in Washington’s trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials. President Donald Trump imposed 25% tariffs on imports from Mexico and…

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Amazon’s cloud business to invest $8.2 billion in Indian state in coming years

(Reuters) -Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over the next few years, the information technology ministry said on Monday. India has been stepping up its efforts to pilot local cloud data storage. According to a report by International Data Corporation, the country’s cloud…

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JD Vance denies disrespecting UK and France over Ukraine peacekeeping force

LONDON/PARIS (Reuters) – U.S. Vice President JD Vance denied on Tuesday disrespecting Britain and France by describing a planned peacekeeping force in Ukraine as 20,000 troops from some “random country that has not fought a war in 30 or 40 years”. Vance’s comments about the planned British- and French-led European peacekeeping force caused politicians and…

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Putin extols ‘elephant diplomacy’ with Myanmar in talks with junta chief

By Vladimir Soldatkin and Andrew Osborn MOSCOW (Reuters) -Russia’s President Vladimir Putin hailed expanding ties with ally Myanmar at talks with its military junta chief on Tuesday and thanked him for gifting Moscow six elephants. Military analysts have dubbed the present, which coincided with Russia’s completing delivery of six fighter jets to Myanmar, as part…

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