BEIJING (Reuters) -China's Xiaomi ( XIACF ) reported a 47.4% jump in first-quarter revenue on Tuesday as the company doubled down on making electric vehicles. Revenue for the quarter ended March 31 was 111.3 billion yuan ($15.48 billion), beating the 107.6 billion yuan average of 17 analyst estimates compiled by LSEG. Adjusted net profit jumped 64.5% year-on-year to 10.7 billion...

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,...

BEIJING, May 27 (Reuters) - China's Xiaomi ( XIACF ) reported a 47.4% jump in first-quarter revenue on Tuesday as the company doubled down on making electric vehicles. Revenue for the quarter ended March 31 was 111.3 billion yuan ($15.48 billion), beating the 107.6 billion yuan average of 17 analyst estimates compiled by LSEG. Adjusted net profit jumped 64.5% year-on-year...

05:38 AM EDT, 05/27/2025 (MT Newswires) -- US Steel (X) said Friday it will remain a US company and strengthen operations through its proposed merger with Nippon Steel, which it said will bring major investment and job creation over four years. The company issued a statement praising President Donald Trump's leadership, calling him a bold leader focused on American workers...