11:29 AM EDT, 06/03/2025 (MT Newswires) -- Worthington Steel ( WS ) said Tuesday it has completed the acquisition of a controlling stake in Italy-based Sitem Group via its Tempel Steel unit. Worthington said it now has a stake of about 52% in Sitem, which produces electric motor laminations, with an option to increase ownership. The deal included a combination...

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,...

11:27 AM EDT, 06/03/2025 (MT Newswires) -- Mullen Automotive ( MULN ) said Tuesday it is relaunching the Mullen FIVE RS EV Crossover, with initial vehicle sales planned for Germany in December. Following 800V battery testing at its Munich facility, the electric vehicle manufacturer is advancing to on-road testing to move closer to final validation and regulatory approval. The company...

By Kemol King GEORGETOWN, June 3 (Reuters) - The profit of a consortium by oil producers Exxon Mobil ( XOM ), Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, Exxon said on Tuesday, amid facility updates that allowed a sustained expansion of output. Because of fast production growth and relatively low government royalties and taxes, Guyana...