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,...

July 1 (Reuters) - Citigroup Inc ( C/PN ) has hired veteran investment banker Akira Kiyota from Nomura Holdings Inc ( NMR ) and promoted insider Taiji Nagasaka as co-heads of investment banking for Japan, it said on Tuesday. The appointments, effective October 1, underscore a push by Wall Street banks to expand their presence in Japan after a rebound...

05:44 AM EDT, 07/01/2025 (MT Newswires) -- Nio (NIO) said Tuesday it delivered 24,925 vehicles in June, a 17.5% increase from a year earlier. The deliveries comprised 14,593 vehicles from the company's premium smart electric vehicle brand NIO; 6,400 vehicles from the company's family-oriented smart electric vehicles brand ONVO, and 3,932 vehicles from the company's small smart high-end electric car...

Two Chinese artificial intelligence chip startups, Moore Threads and MetaX, are planning to raise a combined 12 billion yuan ($1.65 billion) through initial public offerings (IPOs). What Happened: The two companies are betting on the U.S. export restrictions to boost the demand for their products in China, Reuters reported. Moore Threads, based in Beijing, aims to raise 8 billion yuan,...