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Business

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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...

Aussie firms upbeat on China outlook despite trade tensions
Australian exporters keen on doing business in China despite trade war

SYDNEY, Australia: Australian businesses are feeling optimistic about their prospects in China despite escalating global trade tensions,...

Engineering

Section
'Inland waterways to expand from 11 states to 23 states and 3UTs,' says Union Minister Sarbananda Sonowal
'Inland waterways to expand from 11 states to 23 states and 3UTs,' says Union Minister Sarbananda Sonowal

New Delhi [India], May 26 (ANI): Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal on Monday chaired a meeting of the...

Chinese film week in Budapest promotes cultural exchange through cinema
Chinese film week in Budapest promotes cultural exchange through cinema

This week's Imazsia Chinese film week program features eight films, including three festival-award winners and five contemporary audience...

Centre grants second one-year service extension to DRDO chief Dr Samir V Kamat
Centre grants second one-year service extension to DRDO chief Dr Samir V Kamat

New Delhi [India], May 26 (ANI): In a significant decision, the centre has granted Dr Samir V Kamat, the Defence Research and Development...

UP CM Yogi inaugurates, lays foundation stone for 528 development projects worth Rs 1,515 crore in Sant Kabir Nagar
UP CM Yogi inaugurates, lays foundation stone for 528 development projects worth Rs 1,515 crore in Sant Kabir Nagar

Sant Kabir Nagar (Uttar Pradesh) [India], May 26 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath inaugurated and laid the foundation...

HRCP raises alarm over state crackdown on protestors in Moro; calls for impartial inquiry
HRCP raises alarm over state crackdown on protestors in Moro; calls for impartial inquiry

Moro [Pakistan], May 26 (ANI): The Human Rights Commission of Pakistan (HRCP) has expressed deep concern over the escalating crackdown...

Delhi police lodges FIR over sell of Waqf property by tenant
Delhi police lodges FIR over sell of Waqf property by tenant

New Delhi [India], May 26 (ANI): The Delhi police filed a report before the Delhi High Court on Monday that an FIR had been registered...

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