07:12 AM EDT, 07/11/2025 (MT Newswires) -- The Bank of Canada announced the end of quantitative tightening (QT) at its Jan. 29 meeting, alongside an extra 5bps cut in the deposit rate (-30bp in total), noted RBC. Term repos started on schedule in early March and have been running every two weeks since then. Take-up has been on the low...

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,...

07:14 AM EDT, 07/11/2025 (MT Newswires) -- Lazard ( LAZ ) reported Friday that its assets under management reached $248.36 billion at the end of June, up from $235.29 billion in May. The monthly gain included $5.4 billion in market appreciation, $4.6 billion in net inflows, and $3.1 billion in foreign exchange appreciation, the company said. Preliminary average AUM for...

07:10 AM EDT, 07/11/2025 (MT Newswires) -- GoPro ( GPRO ) Friday said that a US Administrative Law Judge of the International Trade Commission issued an initial determination, which found that China-based Insta360 infringed on its intellectual property in violation of US law. The judge found that Insta360 infringed on a patent covering GoPro's ( GPRO ) HERO camera design,...