MEXICO CITY (Reuters) -Consumption and foot traffic at Walmart's Mexico unit has begun to pick up in the second quarter, the firm's finance chief said on Wednesday. As we look to April, we already see improvements in terms of consumption ... on a like-for-like basis, CFO Paulo Garcia told analysts in a call to review the firm's first quarter results....

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,...

(Reuters) -Everest Group ( EG ) on Wednesday reported a 71% drop in first-quarter profit, hit by underwriting losses tied to California wildfires and other catastrophe-related claims. California, whose stringent insurance regulation has long frustrated insurers, experienced a series of wildfires earlier this year, resulting in several fatalities and causing estimated economic damage as high as $250 billion. Reinsurers have...

DETROIT (Reuters) -Ford Motor has killed a program to develop next-generation electrical architecture - the brain of modern cars - that its executives have called pivotal to competing with electric-vehicle pioneers such as Tesla, three sources familiar with the matter told Reuters. Ford had invested heavily in the system, known internally as FNV4 (for fully-networked vehicle), to streamline vehicle-software functions....