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,...

09:54 AM EDT, 04/11/2025 (MT Newswires) -- KKR (KKR) has increased its equity stake in Enilive, the mobility transformation company launched by Italian energy company Eni (E), boosting its interest to 30% following a 601-million-euro ($681.3 million) transaction that values Enilive at around 11.75 billion euros, the companies said Friday. Eni and the US private equity firm disclosed plans Feb....

MSP Recovery Inc. ( MSPR ) shares surged on Friday morning. On Thursday, the company entered into a strategic term sheet with Hazel Partners, Virage Capital and affiliates to execute a series of restructuring initiatives. Why It’s Important: The plan includes cost reduction via a new servicing entity, converting key debt into equity, thereby eliminating $1.2 billion in guaranteed debt....

MILAN (Reuters) -Prada struck a $1.38 billion deal to buy smaller rival Versace from Capri Holdings on Thursday in a move that unites two of the biggest names in Italian fashion and offers the prospect of enhanced revenues. Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent...