(Reuters) -U.S. President Donald Trump signed a broad executive order on Monday directing drugmakers to lower the prices of their prescription drugs to align with what other countries pay. The order said the Trump administration will give drugmakers price targets within a month and, if they fail to make significant progress, may pursue regulatory actions or measures like importing medicines...

May 13 (Reuters) - Tencent Music Entertainment ( TME ) exceeded analysts' expectations for first-quarter revenue on Tuesday, driven by growth in subscribers for its online music services. Tencent Music's premium Super VIP (SVIP) membership, which combines long-form audio content, online karaoke services and high-quality sound, has gained significant traction among users. The company is taking the right steps by...

04:48 AM EDT, 05/13/2025 (MT Newswires) -- Alliant Energy ( LNT ) said late Monday it priced a $500 million private placement of 3.25% convertible senior notes due May 30, 2028, for about $493 million in expected net proceeds. Initial purchasers of the notes have an option to acquire up to an additional $75 million of the securities. The company...

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,...