07:23 AM EDT, 05/16/2025 (MT Newswires) -- Intel ( INTC ) is fighting off a 376 million euro ($421.3 million) fine imposed by the European Union's competition regulator in 2022 for excluding rival products from the market, Reuters reported Friday. According to the report, the case dates back to 2009 when the European Commission imposed a 1.06 billion euro fine...

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,...

07:21 AM EDT, 05/16/2025 (MT Newswires) -- BRF (BRFS) has agreed to be fully acquired by Marfrig, the two Brazilian meat and poultry companies said in a disclosure Thursday. Marfrig already owns 50.5% of BRF and is also planning to list its shares in the US, Reuters reported. Under the proposed deal, BRF shareholders would receive 0.8521 shares of Marfrig...

COPENHAGEN (Reuters) -Novo Nordisk said on Friday its CEO Lars Fruergaard Jorgensen will step down following a plunge in the company's share price amid intensifying competition in the obesity drug market. The changes are made in light of the recent market challenges Novo Nordisk has been facing, and the development of the company's share price since mid-2024, Novo said in...