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,...

11:49 AM EDT, 05/22/2025 (MT Newswires) -- Ball (BALL) said Thursday Howard Yu is stepping down from his role as chief financial officer, effective June 30. Daniel Rabbitt has been appointed as the company's interim chief financial officer until a permanent successor is named, Ball said. Rabbitt currently works as senior vice president of corporate planning and development at the...

11:50 AM EDT, 05/22/2025 (MT Newswires) -- (Updates shares.) Velan ( VLNSF ) late on Wednesday said it swung to a fiscal fourth-quarter adjusted loss. The industrial valve manufacturer said its adjusted loss, excluding most one-time items, was US$4.9 million, or US$0.23 per share, in the quarter ended Feb. 28, compared with an adjusted profit of US$3.7 million, or US$0.17,...

10:40 AM EDT, 05/22/2025 (MT Newswires) -- SRM Entertainment ( SRM ) said Thursday it secured a private investment in public equity financing from an institutional investor for gross proceeds of $5 million. The company said it plans to use the net proceeds for general corporate purposes, including working capital. Under the securities purchase agreement, SRM will sell 5,000 series...