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,...

08:53 AM EDT, 06/18/2025 (MT Newswires) -- Oil prices rose to a five-month high early on Wednesday as Israel and Iran continue an air war while the Trump Administration ponders entering the conflict in order to destroy Iran's nuclear-weapons program. West Texas Intermediate crude oil for July delivery was last seen up US$0.40 to US$75.24, the highest since Jan.21, while...

On Wednesday, Groupon Inc. ( GRPN ) announced a new financing strategy involving the issuance of $244 million in senior convertible notes due 2030, as part of a privately arranged exchange with holders of its existing 2026 and 2027 notes. The company revealed this initiative as a proactive move to restructure its outstanding debt and extend maturities while offering a...

08:49 AM EDT, 06/18/2025 (MT Newswires) -- Progressive (PGR) reported Wednesday that net income for May was $1.81 per share, up from $0.40 per share a year earlier. Progressive also reported an 11% rise in net premiums written for May to $6.63 billion compared with a year earlier. Net premiums earned for the month also increased to $6.72 billion from...