SHANGHAI (Reuters) -China's Ant Group posted net profit of 5.4 billion yuan ($749 million) for the three months to December 31, down 31.4% from a year earlier, Reuters calculations based on Alibaba Group Holdings' earnings released on Thursday showed. The e-commerce giant reports profit from Ant one quarter in arrears. Chinese media earlier this month reported that the fintech group...

May 15 (Reuters) - Dick's Sporting Goods has agreed to buy smaller rival Foot Locker ( FL ) for $2.4 billion, the companies said on Thursday. Shares of Foot Locker ( FL ) surged 75% to $22.50 premarket after the announcement, while Dick's Sporting fell 9%. The sporting goods retailer has offered $24 per share of Foot Locker ( FL...

(Reuters) -Dick's Sporting Goods has agreed to buy smaller rival Foot Locker ( FL ) for $2.4 billion, the companies said on Thursday. Shares of Foot Locker ( FL ) surged 75% to $22.50 premarket after the announcement, while Dick's Sporting fell 9%. The sporting goods retailer has offered $24 per share of Foot Locker ( FL ), representing an...

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,...