Reuters

(Reuters) - European shares were subdued on Tuesday as investors braced for key U.S. inflation data and Federal Reserve Chair Jerome Powell's remarks due later in the day, while Delivery Hero jumped on the sale of its Taiwan foodpanda business to Uber.

The pan-European STOXX 600 was unchanged as of 0717 GMT.

On the day's agenda are U.S. producer prices inflation data and Powell's remarks, ahead of the market-moving consumer prices... (continue reading...)

MOSCOW (Reuters) - The head of personnel management at Russia's Defence Ministry was detained on suspicion of bribery, the Investigative Committee, which handles serious crimes, said on Tuesday.

(Reporting by Felix Light; editing by Guy Faulconbridge)

MOSCOW (Reuters) - Russian President Vladimir Putin will visit China on May 16-17, his first foreign trip since his inauguration for a new term as president, the Kremlin said on Tuesday.

"At the invitation of Chinese President Xi Jinping, Vladimir Putin will pay a state visit to China on May 16-17 as his first foreign trip after taking office," the Kremlin said.

Putin and Xi "will discuss in detail the entire range of issues of the... (continue reading...)

CANBERRA (Reuters) - There are early signs that a La Nina weather event may form in the Pacific Ocean later this year, Australia's weather bureau said on Tuesday.

A La Nina would have significant consequences for global agriculture because it typically brings wetter weather to eastern Australia and southeast Asia and drier conditions to the Americas.

The bureau said it had declared a "La Nina Watch".

"When La Nina Watch... (continue reading...)

TOKYO (Reuters) - Japan's Rakuten Group on Tuesday logged an operating loss of 33.3 billion yen ($213 million) in the January-March quarter, its 15th straight quarter in the red as losses in its mobile unit weighed on robust growth in its fintech business.

The operating loss is an improvement compared to a year earlier when the e-commerce and fintech group posted a loss of 76.2 billion yen, though it narrowly undershot an average 32 billion yen loss... (continue reading...)