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,...

Israel-based international cargo shipping company ZIM Integrated Shipping Services Ltd. ( ZIM ) shares are trading higher on Monday after the company reported a first-quarter sales increase of 28% year over year (Y/Y) to $2.01 billion, beating the consensus of $1.85 billion. Revenue was driven by the increase in freight rates as well as carried volume. Carried volume in the quarter was 944 thousand TEUs, an increase...

10:15 AM EDT, 05/19/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Capital One Financial Corporation has completed its acquisition of Discover Financial Services ( DFS ), leading to the termination of our STARS coverage on Discover shares. The acquisition resulted in...

10:14 AM EDT, 05/19/2025 (MT Newswires) -- Manulife (MFC) said Monday it has formed a joint venture with Midwest Fiber Networks called Lakefront Fiber. Lakefront Fiber will serve hyperscale, carrier, and municipal customers using Midwest Fiber's fiber network, the company said. Manulife said Lakefront Fiber has completed its first transaction by acquiring about 650 route miles of network assets in...