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,...

* China resumes Brazilian soy imports from five firms * Suspensions were due to phytosanitary issues * Move comes ahead of Lula's state visit (New throughout, adds confirmation from the Brazilian government) By Laurie Chen and Ella Cao BEIJING, May 8 (Reuters) - China, the world's largest soybean buyer, has lifted restrictions for Brazilian soybean shipments from five firms previously...

(Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced a setback on Thursday as the bill failed to clear a key hurdle in the U.S. Senate. The setback is a blow to the crypto industry, which has long pushed for lawmakers to pass legislation creating new rules for digital assets. The sector...

03:59 PM EDT, 05/08/2025 (MT Newswires) -- The Consumer Financial Protection Bureau ended its oversight of Alphabet's (GOOG, GOOGL) Google Payment unit, reversing a decision made during the Biden administration, Bloomberg News reported Thursday, citing a bureau memo. The supervision would be an unwarranted use of the Bureau's powers and resources, Russell Vought, the bureau's acting director, said in the...