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Business

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Economic data gives welcome relief to Wall Street
Dow Jones soars 741 points on robust consumer confidence

NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...

PepsiCo cleared in FTC case over Walmart discounts
FTC drops price bias lawsuit against PepsiCo

NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...

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,...

Africa

Section
SOUTH AFRICA-CAPE TOWN-PRESIDENT-U.S.-RELATIONSHIP
SOUTH AFRICA-CAPE TOWN-PRESIDENT-U.S.-RELATIONSHIP

(250527) -- CAPE TOWN, May 27, 2025 (Xinhua) -- South African President Cyril Ramaphosa (Front) speaks during an oral question-and-answer...

Indian Envoy Prabhat Kumar briefs Sule-led delegation on India-South Africa relations
Indian Envoy Prabhat Kumar briefs Sule-led delegation on India-South Africa relations

Johannesburg (South Africa) [India], May 28 (ANI): The High Commissioner of India in South Africa, Prabhat Kumar, briefed the Group...

Aggressor of India must be punished: President of Foreign Affairs Commission of Congo
Aggressor of India must be punished: President of Foreign Affairs Commission of Congo

Kinshasa [Congo], May 28 (ANI): The all-party delegation led by Shiv Sena MP Shrikant Shinde had a meeting with the President of Foreign...

EU state sues Belarus for 200mn
EU state sues Belarus for 200mn

Lithuania is seeking reparations over the migrant crisis at its border that it blames on Minsk Lithuania is seeking over €200 million...

FDI inflow into India grows 14% in 2024-25: Commerce Ministry
FDI inflow into India grows 14% in 2024-25: Commerce Ministry

New Delhi [India], May 27 (ANI): FDI flows into India increased 14 per cent to USD 81.04 billion in the recently concluded financial...

Rishab Pant's sizzling 118* powers LSG to 227/3 against RCB
Rishab Pant's sizzling 118* powers LSG to 227/3 against RCB

Lucknow (Uttar Pradesh) [India], May 27 (ANI): Lucknow Super Giants captain Rishabh Pant saved his best for the final group stage fixture...

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