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,...

BEIJING, May 12 (Reuters) - Chinese shipments of foreign-branded cellphones, including Apple Inc's ( AAPL ) iPhones, dropped by 49.6% year on year in March, according to data released on Monday by a government-affiliated research company. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China...

06:30 AM EDT, 05/12/2025 (MT Newswires) -- Seadrill ( SDRL ) reported a Q1 net loss Monday of $0.23 per diluted share, swinging from earnings of $0.81 a year earlier. Five analysts surveyed by FactSet expected EPS of $0.36. Revenue for the quarter ended March 31 was $335 million, down from $367 million a year earlier. Analysts surveyed by FactSet...

06:33 AM EDT, 05/12/2025 (MT Newswires) -- The Chinese and United States governments released a joint statement following trade talks in Switzerland, announcing a 90-day ceasefire of sorts on the trade war, bringing U.S. tariffs on Chinese products back to 30%, and Chinese tariffs on U.S. goods to 10%, said ING. It remains uncertain if the de minimis exemption for...