10:53 AM EDT, 07/03/2025 (MT Newswires) -- United Parcel Service ( UPS ) is drawing fire from the Teamsters union, which claims a company's plan to offer voluntary buyouts to delivery drivers violates their labor contract. The International Brotherhood of Teamsters, which represents 340,000 UPS workers, called a voluntary severance plan an illegal violation of the national agreement ratified in...

By Kemol King GEORGETOWN, July 3 (Reuters) - An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government, the Ministry of Natural Resources said in a statement on Wednesday. The relinquishment is part of a contractual requirement for Exxon to enter the final phase of exploration of the Stabroek Block,...

July 3 (Reuters) - Summit Therapeutics ( SMMT ) and AstraZeneca ( AZN ) are discussing a partnership deal worth as much as $15 billion, Bloomberg News reported on Thursday, citing people familiar with the matter. Under the potential deal, AstraZeneca ( AZN ) could license Summit's experimental lung-cancer treatment, ivonescimab, the report said. Summit did not immediately respond 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,...