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,...

May 22 (Reuters) - Lumber company Weyerhaeuser said on Thursday it will acquire nearly 117,000 acres of timberlands in North Carolina and Virginia from a unit of Roseburg Forest Products for $375 million. The company said that the acquisition is expected to deliver immediate and sustained portfolio-leading cash flows within its Southern Timberlands business. Upon closing of this acquisition, we...

05:36 PM EDT, 05/22/2025 (MT Newswires) -- Gyre Therapeutics ( GYRE ) said its Hydronidone compound to treat liver fibrosis in patients with chronic hepatitis B met the primary endpoint in the phase 3 trial in China. The 52-week trial revealed that almost 53% of patients receiving Hydronidone achieved 1-stage regression in liver fibrosis versus placebo, Gyre said Thursday in...

NEW YORK (Reuters) -Billionaire investor Bill Ackman told clients on Thursday that his hedge fund bought Amazon ( AMZN ) shares last month, betting earnings will continue to grow at the online retailer as President Donald Trump's tariffs bite less than consumers initially feared. Ackman and his investment team updated clients on additions to the portfolio at his hedge fund,...