09:20 AM EDT, 07/30/2025 (MT Newswires) -- Xanadu Mines ( XANAF ) said overnight Tuesday that Bastion Mining agreed to extended its takeover offer for the company to Aug. 5. So far, Bastion has acquired more than 90% of Xanadu's shares. Xanadu said it has issued a notice of compulsory acquisition for the remaining shares outstanding. Bastion's offer values Xanadu...

09:18 AM EDT, 07/30/2025 (MT Newswires) -- Resideo Technologies ( REZI ) said Wednesday it plans to separate its ADI Global Distribution business through a tax-free spin-off to shareholders. The company said its Products & Solutions business would continue to operate as Resideo ( REZI ), while the ADI spin-off would become an independent public company. The spin-off is anticipated...

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,...

(Reuters) -Mercedes-Benz will pause deliveries of its EQ electric range to the United States, the carmaker said on Wednesday as it responded to slowing demand and high inventories at dealerships. Since President Donald Trump's spending bill earlier this month cut tax EV credits sooner than anticipated, analysts have warned that the U.S. electrification drive will underperform expectations this year. Mercedes-Benz...