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,...

07:03 AM EDT, 07/07/2025 (MT Newswires) -- Apple ( AAPL ) has filed an appeal against a 500 million-euro ($586.3 million) fine imposed by the European Commission for allegedly violating the European Union's Digital Markets Act, multiple media outlets reported Monday. The company argued the penalty is unprecedented and that the regulator's mandated App Store changes are unfairly targeting Apple...

07:03 AM EDT, 07/07/2025 (MT Newswires) -- Dow (DOW) said Monday that its board of directors has approved the shutdown of three upstream assets in Europe as well as certain corporate and other assets globally. The decision comes after the company identified three European assets for action across its operating segments in April. The company's packaging and specialty plastics ethylene...

(Reuters) -Online spending is expected to surge to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event this week, according to an Adobe Analytics forecast released on Monday, as shoppers seek strong discounts on back-to-school gear ranging from apparel to electronics. Sales from July 8 to 11 are projected to rise 28.4% compared with the same period...