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,...

09:22 AM EDT, 08/08/2025 (MT Newswires) -- CAVA Group ( CAVA ) said Friday it opened its first restaurant in Pittsburgh with a second location planned for later this year. CAVA ( CAVA ) opened 58 new restaurants in fiscal 2024 as part of its plans to reach 1,000 restaurants by 2032 and expects 17% growth this year, the company...

09:23 AM EDT, 08/08/2025 (MT Newswires) -- (Updates with PIMCO's response in the third paragraph.) Meta Platforms ( META ) has selected Pacific Investment Management, or PIMCO, and Blue Owl Capital (OWL) to lead a $29 billion financing for its data center expansion project in Louisiana, news outlets reported Thursday, citing sources familiar with the matter. PIMCO will lead a...

09:25 AM EDT, 08/08/2025 (MT Newswires) -- The Canadian labour market's hot start to the summer appeared to be short lived, said Tiago Figueiredo at Desjardins on Friday, before adding the economy is in need of more monetary stimulus. In citing the Labour Force Survey, Figueiredo noted the economy shed 40.8K jobs in July, with losses primarily in the goods...