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,...

STOCKHOLM (Reuters) -Volvo Cars said it has scaled back its U.S. model lineup this year, among the first examples of a major automaker halting U.S. shipments as President Donald Trump's tariffs make it harder to sell a broad range of vehicles profitably. The Swedish carmaker, which is owned by China's Geely Holding, told Reuters this week that it has been...

* US tariffs force Volvo Cars to focus on high-margin models * Suspends sale of several sedans and station wagons * Volvo's EX90 struggles exacerbated by European component tariffs * Company will add popular mid-sized SUV hybrid XC60 to US production By Marie Mannes STOCKHOLM, July 16 (Reuters) - Volvo Cars said it has scaled back its U.S. model lineup...

05:53 PM EDT, 07/16/2025 (MT Newswires) -- Pyrophyte Acquisition Corp. II (PAII.U), a blank-check company, priced a $175 million initial public offering at $10 per unit, specifically targeting the energy sector while remaining open to deals in any peer group. Trading is set to begin on Thursday on the New York Stock Exchange under the symbol PAII.U, the company said...