July 11 (Reuters) - Budget airline Norwegian Air reported second-quarter earnings above market expectations on Friday and said it would pay out a dividend for the first time. Norwegian posted an operating profit (EBIT) of 1.25 billion Norwegian crowns ($123.84 million) for the quarter, beating a company-compiled consensus of 1.04 billion crowns. The airline also said it would pay out...

TOKYO (Reuters) -Mitsubishi UFJ Financial Group plans to expand its securitisation business globally, with a focus on North America, and will increase headcount in this area by around 25%, a senior executive at Japan's largest banking group said in an interview. MUFG already has a presence in securitised products backed by assets such as credit card receivables and auto loans....

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,...

BEIJING (Reuters) -Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on personal loans and have a hard time finding households in good financial shape that want to borrow. Since March, financial regulators have issued multiple directives urging banks to offer more, and cheaper, loans to spur...