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,...

03:12 PM EDT, 05/01/2025 (MT Newswires) -- Canadian grocers Loblaw ( LBLCF ), Empire and Metro intend to accelerate/grow square footage, writes National Bank. Capacity growth will be delivered against a backdrop of macroeconomic uncertainty, slowing population growth and higher e-commerce penetration. For a low-growth, low-margin industry, some may ask if the backdrop will be too challenging to accommodate. The...

03:12 PM EDT, 05/01/2025 (MT Newswires) -- Coty ( COTY ) is expected to report fiscal Q3 results in line with consensus, with management potentially guiding toward the low end of its full-year outlook due to ongoing consumer weakness and cautious retailer activity, RBC Capital Markets said in a note Thursday. Expectations for COTY ( COTY ) are very low...

03:08 PM EDT, 05/01/2025 (MT Newswires) -- Ares Management ( ARES ) said Thursday it has surpassed $3 billion in assets under management for the Ares Private Markets Fund, which allows investments in private equity. The fund, which launched in 2022, invests in a diversified portfolio of private equity fund stakes, backed by leading private equity sponsors in mainly North...