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,...

01:26 PM EDT, 05/08/2025 (MT Newswires) -- UBS Group ( UBS ) is in talks to sell its hedge fund unit O'Connor to Cantor Fitzgerald, Bloomberg reported Thursday, citing people familiar with the matter. The deal could include a possible revenue-sharing agreement, according to the report. UBS did not immediately reply to a request for comment from MT Newswires. (Market...

Arm Holdings Plc shares are trading lower Thursday as soft guidance offset the company’s better-than-expected Q4 earnings. What To Know: The company posted fourth-quarter earnings of 55 cents per share, beating the consensus estimate of 52 cents. Revenue came in at $1.24 billion, slightly above the $1.23 billion estimate and up from $928 million a year ago. The company highlighted record...

(Reuters) -Citigroup ( C/PN ) must face a revived lawsuit claiming it caused more than $1 billion of losses by orchestrating and concealing a vast fraud at the now-bankrupt Mexican oil and gas services company Oceanografia, a U.S. appeals court ruled on Thursday. A three-judge panel of the 11th U.S. Circuit Court of Appeals in Miami said 30 Oceanografia vendors,...