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,...

* Lyten gives no purchase price for the acquisition * Lyten backed by Jeep-owner Stellantis ( STLA ) and FedEx ( FDX ) * Lyten CEO expects battery cell deliveries to resume in 2026 * Deal includes Northvolt's projects in Sweden and Germany (Adds comments from bankruptcy trustee and Sweden's deputy prime minister in paragraph 5, also adds Scania in...

Hertz Global Holdings Inc ( HTZ ) shares are moving higher Thursday after the company reported better-than-expected financial results for the second quarter. Q2 Revenue: $2.19 billion, versus estimates of $2.18 billion Q2 Adjusted Loss: 34 cents, versus estimates of 38 cents Total revenue declined 7% on a year-over-year basis. Vehicle depreciation per unit per month was $251. The company...

(Reuters) -U.S. President Donald Trump has demanded the immediate resignation of Intel CEO Lip-Bu Tan over concerns of his extensive investments in Chinese firms, just months after he assumed leadership of the struggling chipmaker. Tan has invested in hundreds of Chinese technology firms, including at least eight with links to the People's Liberation Army, Reuters reported in April. On Wednesday,...