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,...

STOCKHOLM (Reuters) -Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it said on Monday. The layoffs come as the Swedish automaker tries to resurrect its rock-bottom share price and drum up better demand for its cars by...

(Reuters) -Tesla's sales in Europe fell 49% in April from a year earlier, even as battery-electric sales rose by 27.8%, as the U.S. EV maker's upgrade of its Model Y shows little sign of improving the brand's tarnished image in the region. Overall car sales in the region remained roughly consistent with last year, falling just 0.3%, with the strongest...

May 27 (Reuters) - Southwest Airlines ( LUV ) will charge customers $35 for one checked bag and $45 for the second, bringing an end to the airline's free luggage policy, the Wall Street Journal reported on Tuesday. Passengers will be charged unless they hold the airline's credit card or have elite status, the report said. Reuters could not immediately...