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,...

Diageo plc ( DEO ) shares are trading lower on Monday after the company reported a third-quarter fiscal 2025 trading update that showed steady growth in organic net sales and progress on its operational transformation efforts. The maker of Smirnoff and Guinness posted $4.4 billion in net sales for the quarter ended March 31, marking a 2.9% increase year-over-year. Organic...

Advanced Micro Devices, Inc. ( AMD ) shares are trading lower on Monday after the company disclosed a definitive deal to sell its ZT Systems‘ U.S.-based data center infrastructure manufacturing business to Sanmina Corporation ( SANM ) for $3 billion in cash and stock. Details: Sanmina ( SANM ) will acquire the operations for $2.25 billion in cash for assets...

WASHINGTON (Reuters) -Nippon Steel ( NISTF ) plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company, according to a document and two people familiar with the matter. Under details of the plan included in the document, the...