Baidu Inc.’s revenue rose its most in more than a year, joining China’s largest internet companies in rediscovering growth after Beijing relaxed its grip on the private sector to try and jumpstart a faltering economy.
A slump in market volatility has hit currency trading desks, squeezing banks’ margins, denting revenue and undermining the recovery from a plunge during the Covid-19 pandemic.
On Oct. 15, Ecuador’s presidential runoff will pit Daniel Noboa, the 35-year-old heir to a banana empire, against Luisa Gonzalez, 45, a political protege of ex-President Rafael Correa. It’s deja vu, politics-style: In the 2006 presidential runoff, Alvaro, Daniel’s father, lost to Correa by a two-digit margin.
Palo Alto Networks Inc. scheduling its earnings call on a Friday afternoon — almost unheard of on Wall Street — whiplashed investors who had seen it as a red flag and dumped the stock, only to pile back in for one of the company’s most active sessions ever.
More than half of voters likely to attend Iowa’s Republican caucuses believe former President Donald Trump’s false claims that he won the 2020 election, according to a new poll.
SoftBank Group Corp. is selling some of its investments in Latin America for the first time, turning a profit on the holdings even though startups in the region have been shut out of the market for initial public offerings.
Srettha Thavisin, a former property tycoon, has become Thailand’s first new prime minister in nearly a decade.
International Business Machines Corp. will sell its weather business to Francisco Partners, which will operate it as a standalone company.
The Biden administration will start accepting applications Tuesday for a new income-driven repayment plan, a fresh effort to shore up student loan borrowers facing a cliff as pandemic-era benefits end.
The Alps are under attack from a heat wave that’s pushing freezing levels even higher than the tops of the mountain range’s glaciers.
