The Cheap Investor

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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Analog Devices beats first-quarter revenue estimates as chip demand recovers

(Reuters) – Analog Devices topped first-quarter Wall Street expectations for revenue and profit on Wednesday, driven by a recovery in chip demand, particularly in the consumer segment, sending its shares up 5% in premarket trading. The company provides semiconductors to a variety of industries, including aerospace, automotive, communications, digital healthcare and industrial automation. Wilmington, Massachusetts-based…

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Argentina gov’t says bribe speculations ‘insulting’ after president promotes failed crypto

BUENOS AIRES (Reuters) – Argentina’s presidential spokesperson Manuel Adorni said on Tuesday that it was “insulting” to speculate that bribes where involved in the case of libertarian President Javier Milei promoting a cryptocurrency that rapidly slumped. “We understand there was no attitude that went against public ethics,” Adorni said in a press conference, saying there…

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News outlets reject Trump accusations of USAID media ‘payoff’

By Lydia Morrish (Reuters) – Several major news outlets including Politico and the Associated Press have rejected unsubstantiated accusations by President Donald Trump and right-wing influencers that the U.S. Agency for International Development paid millions of taxpayer dollars to newsrooms in exchange for coverage favoring the Democratic Party. Trump wrote on social media on Thursday:…

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Weight-loss drug developer Metsera reveals wider loss in US IPO filing

(Reuters) -Weight-loss drug developer Metsera, backed by ARCH Venture Partners, revealed a wider loss in its paperwork for a U.S. initial public offering on Friday. The terms of the IPO were not disclosed in the filing.   Strong equity markets, falling interest rates and hopes of a friendlier regulatory environment under the incoming Trump administration have…

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