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Business

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Builder discounts drive sales spike, but housing outlook wary
April US new home sales hit 3-year high amid price cuts

WASHINGTON, D.C.: New single-family home sales in the U.S. rose sharply in April to their highest level in over three years as builders...

CEO says health push weakened Nestle, vows return to F&B roots
Nestle refocuses on core food business after diversification misstep

VEVEY, Switzerland: Nestle is realigning its focus on its core food and beverage operations after expanding into areas like health...

Ford sues California law firms over alleged Lemon Law fee fraud
Ford accuses law firms of fraud, including billing 57-1/2 hour workday

DEARBORN, Michigan: Ford Motor Company has filed a lawsuit against several California lawyers and law firms, accusing them of cheating...

US drug launch prices double in four years, Reuters finds
Prices for new US drugs doubled in 4 years, focusing on rare diseases

BRUSSELS, Belgium: U.S. drugmakers are charging significantly more for new treatments, particularly those targeting rare diseases,...

Allegations of secret nursing home deals shake UnitedHealth
UnitedHealth shares plunge after undisclosed payment report

MINNETONKA, Minnesota: UnitedHealth shares took a sharp hit this week, after a report by the UK's Guardian alleged the healthcare giant...

Trump-backed $1.5 billion golf project breaks ground near Hanoi
Trump Organization breaks ground on $1.5 billion golf club in Vietnam

HUNG YEN, Vietnam: A new US$1.5 billion luxury golf and residential project backed by the Trump Organization officially broke ground...

World

Section
"India and Kuwait have a 250-year-old partnership" Kuwait Heritage Society's president highlights exhibition 'Rihla-e-Dosti'
"India and Kuwait have a 250-year-old partnership" Kuwait Heritage Society's president highlights exhibition 'Rihla-e-Dosti'

Kuwait city [Kuwait], May 27 (ANI): An exhibition, titled 'Rihla-e-dosti' celebrating 'over 250 years of friendship' between the regions...

India most important partner for EU, Pahalgam terror attack "totally not acceptable": National Council of Slovenia President Marko Lotric
India most important partner for EU, Pahalgam terror attack "totally not acceptable": National Council of Slovenia President Marko Lotric

Ljubljana [Slovenia], May 27 (ANI): Stating India is not just the 'second largest partner' for Slovenia in Asia but also 'the most...

Distinction between state of Pakistan, terrorism has withered away: Ravi Shankar Prasad tells French journalists
Distinction between state of Pakistan, terrorism has withered away: Ravi Shankar Prasad tells French journalists

By Sahil Pandey Paris [France], May 27 (ANI): Head of the Indian all-party delegation to European countries, BJP MP Ravi Shankar...

"They have a rotten brain": Maharashtra Minister Kadam slams Sanjay Raut over 'Operation Sindoor' remarks
"They have a rotten brain": Maharashtra Minister Kadam slams Sanjay Raut over 'Operation Sindoor' remarks

Mumbai (Mahrashtra) [India], May 27 (ANI): Maharashtra Minister of State (MoS) for Home Yogesh Kadam on Tuesday launched a sharp attack...

EU adopts 150 billion defense debt plan
EU adopts 150 billion defense debt plan

The initiative aims to fund European weapons production and procurement in order to reduce dependence on the US The Council of the...

EAM Jaishankar appreciates Sri Lankan parliamentarians' condemnation of terrorism, discuss India's Neighbourhood First policy
EAM Jaishankar appreciates Sri Lankan parliamentarians' condemnation of terrorism, discuss India's Neighbourhood First policy

New Delhi [India], May 27 (ANI): External Affairs Minister S Jaishankar on Tuesday met with a delegation of parliamentary colleagues...

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