United Parcel Service Inc. ( UPS ) (NYSE: UPS posted second-quarter results Tuesday that beat revenue expectations but narrowly missed the consensus earnings estimate, as the shipping giant continues to navigate a complex global trade environment. The Atlanta-based logistics giant posted adjusted earnings per share of $1.55, narrowly missing the consensus estimate of $1.57. Revenue was $21.2 billion, beating the...

09:16 AM EDT, 07/29/2025 (MT Newswires) -- UBS (UBS) has instructed its bankers to reduce the sale of complex currency derivatives after clients faced heavy financial losses related to President Trump's tariff announcements in April, the Financial Times reported Tuesday UBS ordered advisers to stop pitching structured FX products -- known as Range Target Profit Forwards (RTPFs) -- to many...

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,...

09:17 AM EDT, 07/29/2025 (MT Newswires) -- Avis Budget Group ( CAR ) said Tuesday it has signed a multi-year collaboration with Alphabet-backed (GOOG, GOOGL) Waymo to roll out an autonomous ride-hailing service in Dallas next year. Financial terms were not disclosed. Under the terms, Avis will be Waymo's fleet operations partner in the city, providing services including infrastructure, vehicle...