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Microsoft’s data center cuts stoke demand fears, but UBS says AI cycle still hot

Microsoft’s data center cuts stoke demand fears, but UBS says AI cycle still hot

Investing.com -- Microsoft’s recent cutbacks on early-stage data center projects have sounded the alarm on AI demand, but UBS isn’t convinced and chalks it up to the tech giant finally getting a grip on its data center needs after a leasing binge.“Microsoft bought up as much available leased data center capacity as it could in 2022-2024 and now has the visibility to eliminate some of these â ...

2025-04-21 19:16:12
Russia stocks higher at close of trade; MOEX Russia Index up 0.26%

Russia stocks higher at close of trade; MOEX Russia Index up 0.26%

Investing.com – Russia stocks were higher after the close on Saturday, as gains in the Oil & Gas, Power and Manufacturing sectors led shares higher.At the close in Moscow, the MOEX Russia Index added 0.26%.The best performers of the session on the MOEX Russia Index were Bank VTB PJSC (MCX:VTBR), which rose 0.02% or 0.02 points to trade at 83.30 at the close. Meanwhile, GDR ROS AGRO PLC ORD S ...

2025-04-21 19:14:39
Boeing jet returns to US from China, a victim of Trump’s tariff war

Boeing jet returns to US from China, a victim of Trump’s tariff war

By Dan Catchpole and Lisa BarringtonSEATTLE (Reuters) - A Boeing (NYSE:BA) jet intended for use by a Chinese airline landed back at the planemaker’s U.S. production hub on Sunday, a victim of the tit-for-tat bilateral tariffs launched by President Donald Trump in his global trade offensive.The 737 MAX, which was meant for China’s Xiamen Airlines, landed at Seattle’s Boeing Field at 6:11 p.m. ...

2025-04-21 19:13:02
South Africa investors face global growth threat after choppy politics

South Africa investors face global growth threat after choppy politics

By Colleen GokoJOHANNESBURG -Investors have flocked to South Africa’s domestic bond markets, betting the country can stay the course on reforms despite political fractures, but tariff threats and the prospect of a global growth slowdown are casting a long shadow.Africa’s most industrialized nation depends on foreign investor support to manage its debt load and to keep borrowing costs in check ...

2025-04-21 19:11:33