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,...

BENGALURU, July 15 (Reuters) - Air India said on Tuesday it would partially restore its international flight schedule that was scaled back following the crash involving its flight last month that killed 260 people. As part of the restoration, Air India will start a thrice-weekly service between Ahmedabad and London Heathrow from August 1 to September 30, replacing the currently...

Wolfspeed, Inc. ( WOLF ) shares are trading higher Tuesday, adding to strong gains in recent weeks. The company’s restructuring deal appears to have sparked renewed investor confidence. What To Know: The optimism comes after the company recently initiated a pre-packaged Chapter 11 filing. As part of the restructuring plan, Wolfspeed ( WOLF ) expects to eliminate approximately $4.6 billion...

BRUSSELS (Reuters) -The EU's Ombudsman on Tuesday demanded the European Commission explain why it fast-tracked proposals to curb sustainability laws, in response to a complaint by campaigners accusing Brussels of weakening the rules without consulting the public. In February, the Commission proposed legal changes that would exempt thousands of smaller European businesses from European Union sustainability reporting rules - a...