China's Baidu posts 3% fall in third-quarter revenue, meeting market view
(Reuters) -Baidu reported a 3% fall in third-quarter revenue on Thursday, meeting market estimates, as China's biggest internet search provider grappled with weak spending on its advertising services in a sluggish economy. Baidu's U.S.-listed shares ro...
10m ago
Commerzbank names new CFO amid UniCredit approach
FRANKFURT (Reuters) - Commerzbank on Thursday named Carsten Schmitt as its new chief financial officer, a crucial role at Germany's No. 2 lender as it seeks to fend off an approach by Italy's UniCredit for a tie-up. The job became vacant after the ...
12m ago
Rwanda central bank maintains key rate, sees inflation within target
KIGALI (Reuters) -Rwanda's central bank held its key interest rate at 6.5% on Thursday after cutting it at the last two rate decisions this year. Governor John Rwangombwa told reporters that the decision was based on uncertainties in the performance of...
12m ago
Sri Lanka's inflation rate drops to minus 0.7% in October
(Reuters) - Sri Lanka's consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday, as the island nation continued its economic rebound. The National Consumer Pri...
13m ago
Indian opposition calls for Adani probe, Modi's BJP questions timing of US indictment
By Sakshi Dayal and Shilpa Jamkhandikar NEW DELHI (Reuters) - Indian opposition parties demanded a probe on Thursday into allegations of wrongdoing by the Adani Group and said they would raise the issue in parliament after its chair Gautam Adani wa...
13m ago
Insolvencies in Germany up 22.9% year-on-year in October
BERLIN (Reuters) - The number of insolvencies in Germany rose by 22.9% in October on the previous year, the country's statistics office Destatis said on Thursday. This means that with the exception of June 2024, the number of involvencies has seen ...
21m ago
European shares edge lower, tech stocks drag after Nvidia's disappointing forecast
(Reuters) - Europe's main stock index slipped on Thursday, as market sentiment was tepid with geopolitical tensions boosting some safe-haven bids, while chip shares were the biggest drag after sector bellwether Nvidia's disappointing revenue foreca...
22m ago
Russia says new US base in Poland raises overall nuclear danger
MOSCOW (Reuters) - Russia's Foreign Ministry said on Thursday that a new U.S. ballistic missile defence base in northern Poland will lead to an increase in the overall level of nuclear danger and was on a Russian targeting list for potential destru...
56m ago
Serbia arrests 11 over railway station roof collapse
(Removes extraneous words in headline) BELGRADE (Reuters) - The High Prosecutors Office in the Serbian city of Novi Sad said on Thursday that 11 people were arrested in connection with the collapse of a railway station roof earlier this month that ...
57m ago
Russia is ready to consider any 'realistic' Ukraine peace initiative, says Foreign Ministry
MOSCOW (Reuters) - Russia is ready to consider any "realistic" peace initiative on the conflict in Ukraine which takes into account Russia's own interests and the situation on the ground, Russian Foreign Ministry spokeswoman Maria Zakharova said on...
57m ago