GENEVA (Reuters) - China said it had opened a formal complaint against the new U.S. tariffs with the World Trade Organization on Friday, saying the measures violate WTO rules and requesting consultations. Earlier, China announced retaliatory additional tariffs of 34% on U.S. goods, the most serious escalation in a trade war with President Donald Trump that has fed fears of...

08:47 AM EDT, 04/04/2025 (MT Newswires) -- Alphabet's (GOOGL, GOOG) Google ( GOOG ) and Amazon ( AMZN ) are seeking to weaken Microsoft's ( MSFT ) domination of government software contracts, Bloomberg reported Friday, citing people familiar with the matter. The technology companies' lobbyists are highlighting criticisms by Elon Musk's Department of Government Efficiency that the awarding of software...

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) - China escalated the global trade conflict on Friday by imposing an additional 34% tariff on U.S. goods, following President Donald Trump's sweeping tariffs earlier this week. Crude prices, already under pressure from Trump's tariffs and an anticipated increase in OPEC+ production in May, plummeted by 8% on Friday, heading towards their lowest close since the peak of the...