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(Reuters) -Telstra, Australia’s no.1 telecom firm, has been fined A$18 million ($11.87 million) by the Federal Court for lowering internet speed plans for about 9,000 customers without informing them, the country’s competition watchdog said on Friday. Australian telecom firms are facing heightened scrutiny over governance, particularly after Optus’ two back-to-back emergency call outages last month …

Australia fines Telstra $12 million for misleading customers on internet speed Read More »

By Saqib Iqbal Ahmed and Suzanne McGee NEW YORK (Reuters) -The release of U.S. jobs data typically has traders and investors glued to their screens at 8:30 am waiting for the all-important numbers. This Friday, however, is giving some a sudden surplus of free time along with the problem of trying to piece together the …

Payroll data on ice gives Wall Street newfound free time, but a big problem reading the economy Read More »

(Reuters) -Nissan is recalling 19,077 electric vehicles in the United States due to a potential fire risk linked to overheating during quick charging, the U.S. National Highway Traffic Safety Administration said on Friday. (Reporting by Ruchika Khanna in Bengaluru; Editing by Sonia Cheema)

By Akash Sriram (Reuters) -BlackRock-owned Global Infrastructure Partners (GIP) is in talks to acquire Macquarie-backed Aligned Data Centers, two people familiar with the matter told Reuters on Friday. The acquisition could value the data center operator at around $40 billion, one of the sources said. The deal underscores surging investor interest in data centers that …

GIP in talks to buy Aligned Data Centers, sources say Read More »

By Pooja Menon (Reuters) -USA Rare Earth shares jumped more than 18% to scale a record high on Friday, after a report that the mining company’s CEO Barbara Humpton said it was in close discussions with the White House. Humpton was addressing a question about the company’s potential interest in striking a deal with the …

USA Rare Earth hits all-time high after report miner in close talks with White House Read More »