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,...

09:17 AM EDT, 05/27/2025 (MT Newswires) -- Consumer stocks were edging higher pre-bell Tuesday, with The Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 1.5% and The Consumer Staples Select Sector SPDR Fund ( XLP ) 0.3% higher. PDD Holdings ( PDD ) shares were down more than 17% after the company reported Q1 non-GAAP earnings and revenue...

09:17 AM EDT, 05/27/2025 (MT Newswires) -- Aecom ( ACM ) said Tuesday it has been awarded a 10-year, $81.3 million single award contract by the US Army Corps of Engineers. The contract is to provide environmental remediation services at Vandenberg Space Force Base in California, the company said. The company said it will use digital tools to improve data...

09:21 AM EDT, 05/27/2025 (MT Newswires) -- Teva Pharmaceutical Industries ( TEVA ) said Tuesday that it has started preclinical IND-enabling studies for BD9, an experimental treatment for atopic dermatitis and asthma developed in partnership with Biolojic Design. Teva said the investigational therapy, known as BD9, targets IL-13 and TSLP, two proteins associated with TH2-driven inflammation. Teva has exclusive global...