SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Merck & Co. Inc. ( MRK ) agreed on Wednesday to acquire Verona Pharma plc ( VRNA ) for $107 per American Depository Share (ADS) for a total transaction value of approximately $10 billion. Each ADS represents eight ordinary shares of Verona Pharma ( VRNA ). Through the acquisition of this respiratory disease-focused company, Merck ( MRK ) will add...

09:02 AM EDT, 07/09/2025 (MT Newswires) -- Oil prices edged higher early on Wednesday after Houthi militants attacked and sunk a cargo ship in the Red Sea, though an unexpected rise in U.S. inventories last week offered a counter to the safe-haven demand. West Texas Intermediate crude oil for August delivery was last seen up US$0.07 to US$68.40 per barrel,...

09:04 AM EDT, 07/09/2025 (MT Newswires) -- Open Text ( OTEX ) said Wednesday that Chadwick Westlake will step down as chief financial officer in order to take on the role of chief executive at EQB, effective Aug. 15. The company said it named Chief Accounting Officer Cosmin Balota as interim CFO and that it has initiated a search for...