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,...

SHANGHAI (Reuters) - Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio's power unit, which runs more than 3,000 battery swapping stations in China, four people with knowledge of the matter told Reuters. CATL made the proposal after announcing a maximum 2.5 billion yuan ($342 million) investment in the unit, Nio Power,...

SHANGHAI, April 7 (Reuters) - Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio's power unit, which runs more than 3,000 battery swapping stations in China, four people with knowledge of the matter told Reuters. CATL made the proposal after announcing a maximum 2.5 billion yuan ($342 million) investment in the unit,...

05:00 AM EDT, 04/07/2025 (MT Newswires) -- A deal to spin off the US assets of TikTok was paused following an indication from China that it would not approve the transaction after US President Donald Trump's latest tariffs, Reuters reported Saturday, citing two sources familiar with the matter. The deal would have spun off the short video app's US operations...