11:29 AM EDT, 05/20/2025 (MT Newswires) -- Sea's (SE) ecommerce profitability could surprise to the upside as the company leverages structural advantages in logistics, scale, and price competitiveness, Morgan Stanley said Tuesday in a research note. The brokerage called these competitive moats sustainable, citing a 6% reduction in logistics costs per order in Asia, optimized sales and marketing spending, scale...

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,...

11:29 AM EDT, 05/20/2025 (MT Newswires) -- GEN Restaurant Group ( GENK ) filed a registration statement Monday for the potential sale of up to about 28.2 million common shares on behalf of certain selling stockholders. The offering, which will be made from time to time, also includes about 27.8 million shares issuable to the selling stockholders upon the one-for-one...

* Guetlein likely to lead Golden Dome project, officials say * Missile defense system faces funding uncertainty * Democrats call for probe into Musk's role in bidding process (Recasts paragraph 1, updates with background and criticism, paragraphs 4-11) By Mike Stone WASHINGTON, May 20 (Reuters) - President Donald Trump is expected to announce the path forward and the leader of...