(Reuters) - Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm increased its stake in the lingerie maker. The 'poison pill' plan, known as a limited-duration shareholder rights plan, was adopted to guard against tactics to gain control of the company without paying all shareholders an appropriate premium for that control, Board Chair...

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,...

MOSCOW (Reuters) -High temperatures and a lack of rain over the coming months are expected to deplete the harvest in Russia's largest grain region Rostov, the head of the local grain lobby group said after a farming emergency was declared. Rostov Governor Yuri Slyusar issued a decree on May 19 introducing the state of emergency for farming after spring frosts...

10:03 AM EDT, 05/20/2025 (MT Newswires) -- (Update with Elon Musk's comments on being Tesla's CEO going forward.) Tesla (TSLA) Chief Executive Elon Musk said Tuesday in an interview on Bloomberg TV that poor sales figures that have plagued the EV-maker this year have already turned around. We lost some sales on the left, and we gained some sales on...