(Reuters) -Morgan Stanley's profit climbed as market volatility buoyed its trading desk, echoing second-quarter results among its Wall Street rivals. Equity markets swung sharply during the quarter after U.S. President Donald Trump announced sweeping tariffs against major economies. The turbulence spurred trading as investors repositioned their portfolios and hedged risks, driving gains in Morgan Stanley's trading business. In trading, equities...

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,...

07:31 AM EDT, 07/16/2025 (MT Newswires) -- Eni (E) has agreed to buy 2 million tonnes per annum of liquefied natural gas from Venture Global's ( VG ) CP2 LNG project for 20 years, the companies said Wednesday. This represents Eni's first long-term deal with a US LNG producer, the companies said. Venture Global ( VG ) shares were up...

07:31 AM EDT, 07/16/2025 (MT Newswires) -- Mercury Systems ( MRCY ) said Wednesday it has signed two deals with a European defense prime contractor to expand the production of processing subsystems and components for radar and electronic warfare missions. Financial terms were not disclosed. ...