08:19 AM EDT, 05/05/2025 (MT Newswires) -- Onsemi (ON) reported Q1 non-GAAP earnings Monday of $0.55 per diluted share, down from $1.08 a year earlier. Analysts polled by FactSet expected $0.50. Revenue for the quarter ended April 4 was $1.45 billion, down from $1.86 billion a year earlier. Analysts surveyed by FactSet expected $1.4 billion. The company said it expects...

BARCELONA, May 5 (Reuters) - Microsoft ( MSFT ) Chairman Brad Smith has told the European Commission his company will abide by European rules regardless of whether it agrees with them or not, the Commission's Vice President Teresa Ribera said on Monday. In a chat with reporters where she addressed issues from digital competition to trade and to a massive...

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,...

(Reuters) -Cummins withdrew its annual forecast on Monday, joining other vehicle manufacturers that are reassessing expectations as the industry grapples with the mounting uncertainty generated by U.S. President Donald Trump's sweeping import tariffs. The U.S. truck-engine maker had previously projected 2025 revenue growth ranging from a 2% decrease to a 3% increase, with core profit expected to comprise 16.2% to...