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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...

Europe

Section
EU probes Visa, Mastercard fees amid antitrust scrutiny
Visa, Mastercard face EU antitrust heat, Bloomberg News reports

BRUSSELS, Belgium: European Union antitrust regulators are examining fees imposed by payment giants Visa and Mastercard, Bloomberg...

Hundreds of children may be recalled after Dublin hip surgery audit
Nearly 500 children with hip surgery in Dublin hospitals to face recall

DUBLIN, Ireland: Nearly 500 children who had hip surgery at two Dublin hospitals between 2021 and 2023 may need to be recalled for...

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,...

Trump re-ignites trade war, targets Europe in extraordinary attack
Trump lashes European Union, imposes 50% tariffs

WASHINGTON, DC - U.S. President Donald Trump re-ignited his trade war on Friday with an extraordinary attack on the European Union...

Ireland urged to boost tech sector amid job decline
Social media jobs in Ireland drop 11% since 2022

DUBLIN, Ireland: The number of people employed in social media companies in Ireland has dropped by 11 percent since 2022, according...

Kaveri engine undergoing trials in Russia, to power Indian combat UAV
Kaveri engine undergoing trials in Russia, to power Indian combat UAV

New Delhi [India], May 27 (ANI): India's premier defence research agency Defence Research and Development Organisation (DRDO) is carrying...

Movie Review

Movie Review
Darkman [Blu-Ray]