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) -Tesla is expected to report another fall in quarterly deliveries on Wednesday as the backlash against CEO Elon Musk's political views and competitive pressures continue to drag on demand. While much of Tesla's trillion-dollar valuation hangs on Musk's bet on commercializing robotaxis, most of the company's current revenue and profits come from its core business of selling electric vehicles...

* EU seeking immediate tariff relief in any US trade deal * EU wants relief for key sectors such as cars, pharmaceuticals * US has set July 9 deadline for deals to be struck By Julia Payne and Philip Blenkinsop BRUSSELS, July 1 (Reuters) - The European Union wants immediate relief from tariffs in key sectors as part of any...

Shares of Tesla Inc. ( TSLA ) declined 4.78% during Tuesday pre-market session after CEO Elon Musk reignited political comeback rumors following his criticism of President Donald Trump‘s spending bill. What Happened: Late Monday, Musk expressed his disapproval of the spending bill on social media platform X, stating, “If this insane spending bill passes, the America Party will be formed the next day.” He further criticized...