Occidental Petroleum Corp ( OXY ) shares fell 3.37% to $39.24 on Monday, tracking a broader decline in oil-related stocks after OPEC+ announced a significant output increase. What To Know: OPEC+ plans to boost production by 411,000 barrels per day in June, adding to similar increases in April and May. The combined rise of 960,000 bpd reverses nearly half of...

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,...

01:23 PM EDT, 05/05/2025 (MT Newswires) -- Voyager Acquisition's ( VACH ) planned merger target Veraxa Biotech on Monday said it entered a co-discovery alliance with OmniAb ( OABI ) to develop a bispecific antibody drug conjugate targeting solid tumors. Veraxa will lead the program, using OmniAb's ( OABI ) transgenic antibody discovery platform to identify antibody leads for two...

(Reuters) -Rivian said on Monday that it will invest $120 million to bring its key parts suppliers near its plant in Illinois, as the electric vehicle-maker seeks to lower the impact of U.S. President Donald Trump's tariffs on Mexico and Canada. The supplier park near Rivian's facility at Normal, Illinois will also reduce shipping, logistics and warehousing costs, while adding...