Microsoft ( MSFT ) is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2029, The Wall Street Journal reported. The company's Vice Chair and President Brad Smith said the investment will also go toward ongoing operations, the report added . Microsoft did not immediately respond to a request for comment from Seeking Alpha. "Our ongoing investment in cloud and AI infrastr...
Microsoft ( MSFT ) is on track to invest $5.5B in cloud and AI infrastructure in Singapore through 2029, The Wall Street Journal reported. The company's Vice Chair and President Brad Smith said the investment will also go toward ongoing operations, the report added . Microsoft did not immediately respond to a request for comment from Seeking Alpha. "Our ongoing investment in cloud and AI infrastructure reflects Microsoft’s long‑term confidence in Singapore as a global digital leader," said Smith. "We're focused on helping people and organizations use AI by strengthening skills, increasing cybersecurity and resilience, and advancing trusted governance." The U.S. tech giant is also providing tools and training for tertiary students, teachers, and nonprofits. On Monday, Microsoft announced plans to invest more than $1B between 2026 and 2028 in cloud and AI infrastructure and ongoing operations in Thailand. In recent years, Microsoft has committed to spending billions of dollars in the region, including in Indonesia , Malaysia, and India . More on Microsoft Microsoft: Back To Pre-COVID Multiples - But The Business Has Moved On Microsoft: An Inauspicious Start To 2026 Microsoft: A Compelling Risk To Reward Opportunity Microsoft in talks with Chevron, Engine No. 1 about $7B Texas power plant - Bloomberg UK regulator to probe Microsoft's business software ecosystem
(RTTNews) - Asian stocks soared on Wednesday after U.S. stocks soared to their best day in almost a year overnight on renewed hopes that the Iran war, which is in its fifth week, could soon end.
(RTTNews) - Asian stocks soared on Wednesday after U.S. stocks soared to their best day in almost a year overnight on renewed hopes that the Iran war, which is in its fifth week, could soon end.
French prosecutors are seeking terrorism charges against an adult and three teens aged 16-17 over a foiled bombing attack near the Bank of America Corp. office in Paris, seen as a likely retaliation to the war with Iran . The Parquet National Antiterroriste said on Wednesday that it was seeking the charges against the four people after bringing in an investigative judge with wider probing powers t...
French prosecutors are seeking terrorism charges against an adult and three teens aged 16-17 over a foiled bombing attack near the Bank of America Corp. office in Paris, seen as a likely retaliation to the war with Iran . The Parquet National Antiterroriste said on Wednesday that it was seeking the charges against the four people after bringing in an investigative judge with wider probing powers to run the case. The four are suspected of forming a criminal terrorist conspiracy, manufacturing an explosive or incendiary device and attempted destruction in connection with a terrorist enterprise, the PNAT said in its statement. The suspects had all been questioned in police custody. A fifth person was released due to a lack of evidence. French authorities are examining possible links with a pro-Iranian propaganda video released last week by a group called HAYI or “Harakat Ashab al-Yamin al-Islamiyya,” which called for retaliation targeting interests of the Jewish community in Europe and specifically mentioned BofA’s French headquarters. Officials said they’re coordinating with other law enforcement agencies in Europe. A Jewish school in Amsterdam was hit by an explosion last month, shortly after an explosive device was also set off at a synagogue in Rotterdam. In Norway, three brothers and their mother were arrested in connection with a blast outside the US Embassy in Oslo. Read more: France Holding Five in Custody After Foiled BofA Bombing In Paris, the bomb was placed by two minors in front of the bank’s offices on the Rue de la Boétie in Paris’ eighth arrondissement, between 3 a.m. and 4 a.m. on Saturday. It was made up of a 5-litre jerrycan two-thirds full of petrol, taped together with a very large firework, according to the PNAT.
Many retired people end up living on Social Security alone. For some, that's not intentional. It's a matter of not having the means to save in a meaningful way. For others, though, it may boil down to misconceptions. One of the biggest Social Security myths you'll hear is that those monthly benefits are enough to replace your preretirement paycheck in full. In reality, they probably won't come clo...
Many retired people end up living on Social Security alone. For some, that's not intentional. It's a matter of not having the means to save in a meaningful way. For others, though, it may boil down to misconceptions. One of the biggest Social Security myths you'll hear is that those monthly benefits are enough to replace your preretirement paycheck in full. In reality, they probably won't come close. And once you see what the average retirement benefit looks like today, you'll understand why it's so important to save for retirement if you can. Image source: Getty Images. Continue reading
近日，爱旭股份宣布与荷兰埃因霍温理工大学的Solar Team Eindhoven达成深度合作，双方将共同打造全球首款完全依靠太阳能驱动的救护车——Stella Juva，并为其搭载爱旭ABC高效太阳能电池。该车计划于今年7月正式亮相，旨在通过极致光伏科技解决偏远及基础设施匮乏地区的医疗救助难题。（人民财讯）
近日，爱旭股份宣布与荷兰埃因霍温理工大学的Solar Team Eindhoven达成深度合作，双方将共同打造全球首款完全依靠太阳能驱动的救护车——Stella Juva，并为其搭载爱旭ABC高效太阳能电池。该车计划于今年7月正式亮相，旨在通过极致光伏科技解决偏远及基础设施匮乏地区的医疗救助难题。（人民财讯）
The seasonally adjusted S&P Global UK PMI posted 51.0 in March, down from 51.7 in February and below the flash estimate of 51.4. The PMI has remained above the neutral 50.0 mark for five successive months. The figure came in lower than estimated, 51.4. "UK manufacturing output contracted for the first time in six months in March, as the war in the Middle East and ongoing concerns about domestic ec...
The seasonally adjusted S&P Global UK PMI posted 51.0 in March, down from 51.7 in February and below the flash estimate of 51.4. The PMI has remained above the neutral 50.0 mark for five successive months. The figure came in lower than estimated, 51.4. "UK manufacturing output contracted for the first time in six months in March, as the war in the Middle East and ongoing concerns about domestic economic policy led to a scaling back of production. The impact of the war also caused noticeable shifts in the cost and supply chain backdrops. Delivery times lengthened to the greatest extent since mid-2022, while the acceleration in input price inflation was the steepest since the aftermath of the UK's withdrawal from the ERM in 1992. The resulting high-cost environment and shortages of inputs were also factors stymieing production volumes." said Rob Dobson, Director at S&P Global Market Intelligence. More on UK GBP/USD Chart Alert: Bull Flag Pattern In Play Ahead Of Retail Sales Data Technical Levels For Major FX Pairs Ahead Of The FOMC U.S. Tariffs: A New Trade War? ‘Mr. Brexit’ strategist nails winning calls as Iran conflict erupts European stocks edge higher but set for worst month since 2020
Jonathan Kitchen/DigitalVision via Getty Images Investment Overview I wrote abou t Dana Incorporated ( DAN ) previously with a buy rating in my initiation coverage, as I thought the business was in much better shape after the divestiture, had a path towards double-digit EBITDA margin, and also a de-risked near-term outlook. The developments since my last update have been largely positive. The bala...
Jonathan Kitchen/DigitalVision via Getty Images Investment Overview I wrote abou t Dana Incorporated ( DAN ) previously with a buy rating in my initiation coverage, as I thought the business was in much better shape after the divestiture, had a path towards double-digit EBITDA margin, and also a de-risked near-term outlook. The developments since my last update have been largely positive. The balance sheet reset is done, margin improvement is now showing up in the numbers, and the growth story looks broader than before as ICE-related demand, backlog, and aftermarket momentum all improve. Therefore, I reiterate: buy. My Old Bull Case Is Now Showing Up In The Numbers There were two main points in my initiation coverage thesis: (1) the off-highway sale would fix the balance sheet, and (2) the cost program would lift margins. All of these are now visible in the numbers and in how management is framing 2026. DAN finally closed the Off-Highway divestiture on 1st Jan this year, and it has already completed ~$2 billion of debt reduction. The latest cash position, as of the end of January, was $659 million, and liquidity was ~$1.8 billion. An important commentary made was that net leverage should stay <1x through 2026, which directly supports my view that this divestiture would fix the balance sheet. Next, the point on margin improvement also looks much more credible now if you look at the FY2025 numbers. While sales were down y/y to $7.5 billion, adj. EBITDA went up sharply to $610 million, with adj. EBITDA margin up to 8.1%. The numbers were even better if you just look at the Q4 numbers, in that adj. EBITDA margin reached 11.1% vs. 4.7% in Q4 2024. Note that this was driven mostly by cost savings and efficiency gains (as I said previously) and not entirely because of better volumes. For the 2026 guidance, management guided to $7.3 billion to $7.7 billion of sales and $750 million to $850 million of adj. EBITDA. If you do the math, that implies a full-year adj. EBITDA marg...
A US-sanctioned vessel carrying Iranian crude oil from deep inside the Persian Gulf is now indicating it’s bound for India, in what could be the first such import in nearly seven years. The Ping Shun , an Aframax built in 2002 and sanctioned by the US in 2025, on Monday began signaling that it will reach India’s west coast port of Vadinar later this week, ship-tracking data show. The tanker loaded...
A US-sanctioned vessel carrying Iranian crude oil from deep inside the Persian Gulf is now indicating it’s bound for India, in what could be the first such import in nearly seven years. The Ping Shun , an Aframax built in 2002 and sanctioned by the US in 2025, on Monday began signaling that it will reach India’s west coast port of Vadinar later this week, ship-tracking data show. The tanker loaded crude from Kharg Island in early March, according to ship-tracking firms including Kpler and Vortexa. The ship’s destination is not final and may change at any time. A successful delivery by the vessel would mark India’s first purchase of crude from Iran since May 2019, when it stopped importing barrels from the country due to US sanctions. The journey comes as the South Asian country struggles with higher oil prices after the effective closure of the Strait of Hormuz as the US-Israeli war against Iran has disrupted Middle East fuel supplies. The US last month tried to offer relief to the market by issuing temporary waivers on its sanctions for Iranian crude already loaded onto tankers. India’s state-backed buyers have so far avoided such purchases , as payment, shipping and insurance hurdles complicate potential transactions. Ping Shun’s openness in signaling Vadinar could point to buyers being closer to ironing out those hurdles. Such issues may still present challenges, though, as seen in the case of a recent sale of Iranian liquefied petroleum gas to India, people familiar with the matter said. A vessel, Sea Bird , arrived at Mangalore on March 30, but has yet to discharge, with a port agent’s report saying that the receiver isn’t ready for the delivery yet. Payments issues were still being ironed out, the people said. Read More: US-Approved Iranian Barrels Find a Cautious Reception in India Even with the temporary waivers, some banks that serve as intermediaries in US dollar payments across Asia have indicated they won’t facilitate transactions for Iranian crude becau...