05:26 AM EDT, 04/07/2025 (MT Newswires) -- GXO Logistics ( GXO ) said Monday it will manage Hisense's logistics operations at a new site in Valencia, Spain, under a new partnership between the companies. Operations at the 36,000-square-meter site will include distribution, returns and repacking. ...

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,...

SHANGHAI (Reuters) - Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio's power unit, which runs more than 3,000 battery swapping stations in China, four people with knowledge of the matter told Reuters. CATL made the proposal after announcing a maximum 2.5 billion yuan ($342 million) investment in the unit, Nio Power,...

By Aditi Shah and Shivangi Acharya NEW DELHI (Reuters) - The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Narendra Modi's government is willing to sweeten its current proposal to seal the talks, sources told Reuters. India is open to the phased reduction of tariffs to 10% from more than...