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,...

01:00 PM EDT, 08/06/2025 (MT Newswires) -- Consumer stocks advanced Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each rising 1.6%. In corporate news, McDonald's (MCD) reported stronger-than-expected Q2 results as comparable sales rebounded amid value offerings and menu innovations. The shares rose 2.8%. ...

Aug 6 (Reuters) - Blackstone, the world's largest alternative asset manager, has agreed to buy energy data and analytics provider Enverus, it said in a statement on Wednesday, as dealmaking in the private equity sector shows signs of recovery after a slowdown. Reuters had exclusively reported last week that Blackstone had emerged as the frontrunner to buy Enverus. No financial...

12:45 PM EDT, 08/06/2025 (MT Newswires) -- Payoneer Global ( PAYO ) provided an upbeat full-year revenue outlook Wednesday amid easing tariff concerns, while the digital payments company recorded mixed second-quarter results. Revenue is expected in a range of $1.04 billion to $1.06 billion for 2025, compared with the current consensus on FactSet of $1.01 billion. The company's shares were...