08:23 AM EDT, 05/12/2025 (MT Newswires) -- Lazard ( LAZ ) reported preliminary assets under management Monday of $231.41 billion as of April 30, up from $227.43 billion a month earlier. The company reported foreign exchange appreciation of $5.10 billion, market depreciation of $900 million, and net outflows of $200 million for April. ...

(Reuters) - Insurance broker Hub International said on Monday it has secured a $29 billion valuation in a minority investment transaction of about $1.6 billion. The investment is led by funds and accounts advised by T. Rowe Price Investment Management, Alpha Wave Global, and Temasek, along with participation from other investors. The company's valuation is an increase from $23 billion...

08:23 AM EDT, 05/12/2025 (MT Newswires) -- Quantum BioPharma ( QNTM ) , up nearly 2% in U.S. pre-market trade, on Monday said dosing has been completed in 90-day oral toxicity and toxicokinetic studies for Lucid-21-302 (Lucid-MS) for Multiple Sclerosis (MS). These studies were commissioned to provide data to support an investigation new drug (IND) application with the U.S. FDA....

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,...