LONDON (Reuters) -Britain's grocery regulator on Friday launched an investigation into Amazon ( AMZN ), probing whether the retail giant breached rules on timely supplier payments over a three-year period. The Groceries Code Adjudicator said it suspects Amazon ( AMZN ) violated paragraph 5 of the Groceries Supply Code of Practice, which mandates prompt payment to suppliers. (Reporting by Sarah...

05:27 AM EDT, 06/20/2025 (MT Newswires) -- Worthington Enterprises ( WOR ) said Thursday that it acquired Elgen Manufacturing, a manufacturer of HVAC parts, ductwork, and structural framing for commercial buildings, for about $93 million. The company said the deal was funded with cash on hand. Elgen's manufacturing processes, go-to-market strategies, and end markets mirror ours, creating meaningful opportunities for...

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,...

05:21 AM EDT, 06/20/2025 (MT Newswires) -- GXO Logistics ( GXO ) said Thursday it now expects 2025 adjusted earnings of $2.43 to $2.63 per diluted share, up from its previous outlook range of $2.40 to $2.60 per share. Analysts polled by FactSet expect $2.45. The company also increased its organic revenue growth projections for the year to between 3.5%...