08:56 AM EDT, 08/01/2025 (MT Newswires) -- Exxon Mobil ( XOM ) is exploring opportunities for acquisition of smaller rivals, a year after buying Pioneer for $60 billion, to create shareholder value by combining capabilities rather than simply growing larger, Bloomberg reported Friday, citing CEO Darren Woods. Woods did not specify any targets or types of assets Exxon wanted to...

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,...

FRANKFURT, Aug 1 (Reuters) - The German reinsurer Hannover Re is exiting the investor consortium behind Viridium Group, and will be replaced by Santander Insurance and the family office of the co-founders of Partners Group, the companies announced on Friday. Viridium is a firm that specializes in buying existing life insurance portfolios. Hannover Re's exit is effective Sept. 30. ...

08:55 AM EDT, 08/01/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.4% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently down 0.1%. Amazon.com ( AMZN ) reported higher Q2 net income and revenue. Shares of Amazon.com ( AMZN ) were down more than 7%...