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…
(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…
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…
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…
(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…
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…
By Nichola Groom (Reuters) – The Trump administration has halted funding for federal programs to reduce wildfire risk in Western states and has frozen hiring of seasonal firefighters, as part of broad cuts to government spending, according to organizations impacted by the moves. The reduction in resources for wildfire prevention comes a month after devastating…
(Reuters) – Israeli Prime Minister Benjamin Netanyahu will extend his visit to Washington D.C. and will return to Israel on Saturday, an Axios reporter said on X on Monday. During his trip, Netanyahu is expected to meet with President Donald Trump at the White House on Tuesday to discuss the situation in Gaza, hostages held…
By Essi Lehto HELSINKI (Reuters) -A Finnish court on Friday denied a request for the release of an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week. Finland on Dec. 26 seized the Eagle S tanker carrying Russian oil on suspicion that it…
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on alcoholic drinks. Alcoholic drinks should carry a label warning consumers about their cancer risks, U.S. Surgeon General Vivek Murthy said in an advisory, noting that their consumption increases the risk of developing breast,…
