Aug 4 (Reuters) - Real estate investment firm Cortland Partners will buy a 19-asset portfolio from Elme Communities ( ELME ) for $1.6 billion in cash. The transaction is expected to close in the fourth quarter of 2025, Elme Communities ( ELME ) said on Monday. (Reporting by Aishwarya Jain in Bengaluru; Editing by Shinjini Ganguli) ...

Aug 4 (Reuters) - Loews Corp ( L ) reported a rise in second-quarter profit on Monday, helped by higher investment income and strong performance in its insurance unit. U.S. stocks staged a rebound following weeks of tariff-driven turbulence, as signs of easing trade tensions and hopes for renewed trade negotiations between Washington and key trading partners helped calm investor...

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,...

FRANKFURT (Reuters) -German biotech firm BioNTech on Monday said that second-quarter revenues more than doubled to 261 million euros ($302 million), driven by higher revenues from its COVID-19 vaccine collaboration with Pfizer. The company's quarterly net loss came in at 387 million euros, an improvement over a net loss of 808 million in the year-earlier period, which at the time...