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,...

WASHINGTON (Reuters) -U.S. President Donald Trump announced on Sunday a 100% tariff on all movies produced outside the United States. He said he was authorizing the U.S. Trade Representative to process the institution of the tariff because the United States' movie industry is dying a very fast death due to other countries offering incentives to attract filmmaker's and studios. This...

(Reuters) -Australia's Westpac Banking Corp ( WEBNF ) recorded a marginal 1% drop in its first-half net profit on Monday, as a rise in operating costs due to technology investments offset growth in total loans. Westpac recorded growth in home, business and institutional lending volumes, but its operating expenses rose nearly 6% to A$5.70 billion, driven by costs tied to...

LOS ANGELES, May 4 (Reuters) - Marvel movie Thunderbolts opened Hollywood's summer movie season with an estimated $76 million in U.S. and Canadian ticket sales over its first three days, distributor Walt Disney ( DIS ) said on Sunday. The returns were in line with pre-weekend forecasts, though below the $88.8 million opening of Marvel's Captain America: Brave New World...