* US Customs says it is prepared to handle new inspection volume * Airlines, ocean vessel operators to collect new duties on parcels * Duties to be collected before goods are shipped out of China and Hong Kong * Shipping industry concerned about renewed delays, disruptions By David Lawder and Lisa Baertlein WASHINGTON/LOS ANGELES, May 2 (Reuters) - The Trump...

Parker-Hannifin Corp ( PH ) reported mixed third-quarter results and revised its 2025 outlook on Thursday. The company's sales of $4.96 billion and 1% organic growth were slightly below the consensus of $4.99 billion. Adjusted EPS for the quarter was $6.94, beating the consensus of $6.72. Orders were up 9% year-over-year (Y/Y), with Diversified Industrial North American businesses up 3% Y/Y and Diversified Industrial International businesses up 11% Y/Y. Orders in the Aerospace Systems segment...

* Basel Committee's Esho says it's misleading to focus only on bank capital quantity * UBS has argued against Swiss government's new capital plans * Esho says he still expects major financial centres to implement Basel III By Ariane Luthi and Oliver Hirt ZURICH, May 2 (Reuters) - The head of the world's banking watchdog said Switzerland's existing rules on...

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,...