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,...

(Corrects headline and the percentage of daily U.S. Temu users lost in paragraph 1) By Casey Hall and Arriana McLymore SHANGHAI/NEW YORK (Reuters) -Daily U.S. users of PDD Holdings' ( PDD ) global discount e-commerce platform Temu fell by 48% in May compared to March, according to market intelligence firm Sensor Tower, one of many headwinds the e-retailer is facing...

10:32 AM EDT, 06/04/2025 (MT Newswires) -- Thor Industries ( THO ) reported a surprise increase in fiscal third-quarter earnings and sales year over year, while the recreational vehicle maker reiterated its full-year outlook despite macroeconomic uncertainties. The company posted earnings of $2.53 a share for the quarter ended April, up from $2.13 the year before, defying the consensus on...

10:31 AM EDT, 06/04/2025 (MT Newswires) -- Dynavax Technologies ( DVAX ) shareholder Deep Track Capital said Wednesday proxy advisory firm Glass Lewis has recommended shareholders to vote in favor of its two director nominees to Dynavax ( DVAX ) board at the 2025 shareholder meeting. Glass Lewis recommended investors to vote for Brett Erkman and Donald Santel and against...