(Reuters) -Australia's BlueScope Steel ( BLSFF ) reported a 90% slump in annual profit on Monday, citing an impairment charge at its coated products business and weak performance at its North America operations, sending its shares 7% lower. Shares of BlueScope, Australia's biggest steel producer, were down at A$22.55, as at 0018 GMT, their lowest point in more than seven...

(Reuters) -Australia's competition regulator said on Monday it has begun proceedings against Alphabet's Google over its past deals with telecom operators Telstra and Optus for the pre-installation of Google Search on Android mobile phones. Google has cooperated with the regulator, admitted liability and agreed to jointly submit to the Federal Court that it should pay a total penalty of A$55...

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,...

(Reuters) -National Australia Bank ( NAUBF ) warned its full-year expenses would be up to A$130 million ($84.7 million) higher after it discovered it had underpaid some of its staff, as it reported a slight increase in third-quarter earnings. NAB, Australia's top business lender, said a review of its payroll systems and remediation was ongoing and the final costs that...