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,...

03:28 PM EDT, 07/09/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%. In sector news, Linda Yaccarino said Wednesday on X that she is stepping down as chief executive of the social media company. In corporate...

(Reuters) -The U.S. Senate Wednesday voted 53 to 43 approve Republic Airways CEO Bryan Bedford to head the Federal Aviation Administration. Bedford, the head of the regional air carrier nominated by President Donald Trump and approved for a five-year-term, will oversee $12.5 billion in funding over five years to remake the aging U.S. air traffic control system passed by Congress...

RIO DE JANEIRO (Reuters) -Chinese tech giant Huawei is interested in investing in Brazil's data center market but is waiting for a local government bill to finalize its strategy for the country, an executive told Reuters on Wednesday. Citing Huawei's international experience in the data center sector, the executive emphasized that the advancement of artificial intelligence requires government incentives and...