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,...

TIAN RUIXIANG Holdings Ltd. ( TIRX ) , a China-based insurance broker, on Friday, announced it is acquiring Ucare Inc. in an all-share deal worth $150 million, aiming to enhance its role in China’s fast-growing health insurance sector. Ucare runs the country’s only cloud-based, AI-powered hospital and insurance risk management platform. Under the agreement, TIRX’s subsidiary VitaCare Limited will issue...

08:51 AM EDT, 05/30/2025 (MT Newswires) -- Consumer stocks were declining premarket Friday with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.3% lower recently. Gap (GAP) shares were down 15% after the company said tariffs could lead to incremental costs of about $250 million to $300 million in...

TIAN RUIXIANG Holdings Ltd. ( TIRX ) , a China-based insurance broker, announced on Friday it is acquiring Ucare Inc. in an all-share deal worth $150 million, aiming to enhance its role in China's fast-growing health insurance sector. Ucare runs the country's only cloud-based, AI-powered hospital and insurance risk management platform. Under the agreement, TIRX's subsidiary VitaCare Limited will issue...