BRUSSELS (Reuters) - The European Commission bowed to pressure from EU countries to water down countermeasures against U.S. President Donald Trump's tariffs on steel and aluminium, removing U.S. bourbon from its list of targets. The European Commission had planned to impose extra duties on up to 26 billion euros ($28.4 billion) of U.S. imports in response to U.S. 25% tariffs...

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,...

05:18 PM EDT, 04/07/2025 (MT Newswires) -- Firm Capital Mortgage Investment ( FCMGF ) , after trade Monday said it will redeem all of its outstanding $25 million 5.40% convertible debentures early on May 12, ahead of their June 30 maturity. The debentures will be redeemed for $1,000 per $1,000 principal amount, plus any accrued interest, using cash on hand....

05:22 PM EDT, 04/07/2025 (MT Newswires) -- Marvell Technology ( MRVL ) said late Monday it has agreed to sell its Automotive Ethernet business to Infineon Technologies for $2.5 billion in cash. The deal includes Marvell's ( MRVL ) Brightlane Automotive Ethernet product line and related assets, the company said. We believe this transaction delivers the strongest financial return for...