April 29 (Reuters) - Arch Capital's ( ACGL ) first-quarter profit fell 49.2% as catastrophe losses from the California wildfires weighed on its underwriting performance and investment returns, the insurer said on Tuesday. The results mirror those of peers W R Berkley ( WRB ) and Chubb, who also reported a drop in first-quarter profit last week as industry-wide catastrophe...

RIO DE JANEIRO, April 29 (Reuters) - Brazilian miner Vale is studying alternatives for its nickel portfolio including selling, making partnerships or putting assets in care and maintenance, as the market faces a challenging short-term scenario, its CEO said on Tuesday. Chief Executive Gustavo Pimenta told reporters in Rio de Janeiro the market is oversupplied due to output from Indonesia....

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,...

04:49 PM EDT, 04/29/2025 (MT Newswires) -- Morguard North American Residential REIT (MRG-UN.TO) after trade Tuesday reported higher first-quarter net income and funds from operations (FFO). The REIT earned $38.3 million in the period, compared with $24.8 million, a year ago. The 55% increase was mainly due to higher fair value gains and lower deferred income taxes, it said. FFO...