BEIJING (Reuters) - Tensions between two of China's largest automakers erupted into the open on Friday when a BYD executive slammed as alarmist comments by the chief of Great Wall Motor that called the industry unhealthy. Shares in Chinese automakers such as BYD, Nio and XPeng tumbled this week after the chairman of Great Wall Motor, Wei Jianjun, worried openly...

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,...

06:33 AM EDT, 05/30/2025 (MT Newswires) -- A New York federal court has ruled that Spanish drugmaker Grifols ( GRFS ) can proceed with key aspects of its defamation lawsuit against short seller Gotham City Research, according to multiple media reports late Thursday. The reports stated that the court found sufficient grounds to pursue claims related to Gotham's allegation that...

06:29 AM EDT, 05/30/2025 (MT Newswires) -- Laurentian Bank of Canada ( LRCDF ) on Friday reported a second-quarter adjusted earnings beat, even as revenues eased, as it cited positive momentum in our specialized businesses and a lower provision for credit losses. For the second quarter, adjusted net income fell to $34 million, or $0.73 per diluted share, compared with...