Chinese search-engine giant Baidu reported a drop in quarterly profit, but delivered top and bottom line beats, helped by online marketing revenue and AI cloud sales.
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.
The eurozone’s financial system faces less acute threats to stability as it appears increasingly unlikely that the currency area’s economy will slide into a deep recession, the European Central Bank said.
Australia-based slots and digital gaming company Aristocrat Leisure will consider a sale or a spinoff of two game developers that no longer fit in as well in its portfolio.
