04:20 AM EDT, 08/04/2025 (MT Newswires) -- Roughly 3,200 union members who assemble Boeing's ( BA ) fighter jets in the St. Louis area and Illinois went on strike Monday after rejecting a modified four-year labor agreement, the International Association of Machinists said Sunday. The rejected four-year contract would have increased the average wage by about 40%, among other benefits,...

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) -Swiss luxury watchmakers' shares, including Richemont and Swatch, were volatile in early trade on Monday, underscoring the challenges for the industry after U.S. President Donald Trump imposed a 39% tariff on Swiss imports. The sector, which exported watches worth 26 billion Swiss francs ($32.79 billion) in 2024, is already under pressure from a stronger franc and falling global demand....

ROME (Reuters) -Italy's competition authority (AGCM) imposed a 1 million euro ($1.16 million) fine on China-founded fast fashion online retailer Shein on Monday for misleading customers on the environmental impact of its products. This is Shein's second financial sanction by a European competition authority in little more than a month, after France fined the company 40 million euros on July...