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Business

Section
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...

Middle East

Section
Nine children from 1 family die as Israel Air force pilots hit 100 targets in Gaza
Israeli pilots kill 9 kids while their mother works at Gazan hospital

GAZA  - The home of a doctor working in the emergency room at the Nasser Medical Complex in southern Gaza was struck by Israel Air...

Bahraini Minister of Information highlights evolving media ties with UAE
Bahraini Minister of Information highlights evolving media ties with UAE

DUBAI, 27th May, 2025 (WAM) -- Dr. Ramzan bin Abdulla Al Noaimi, Minister of Information of the Kingdom of Bahrain, affirmed the ongoing...

"Kuwait has strong position on terrorism," says former FS Harsh Shringla after delegation visit to Gulf Nation
"Kuwait has strong position on terrorism," says former FS Harsh Shringla after delegation visit to Gulf Nation

Kuwait City [Kuwait], May 27 (ANI): Former Foreign Secretary Harsh Vardhan Shringla, part of India's multi-party delegation to Kuwait,...

Watch and Jewellery Middle East Show kicks off tomorrow at Expo Sharjah
Watch and Jewellery Middle East Show kicks off tomorrow at Expo Sharjah

SHARJAH, 27th May, 2025 (WAM) -- The 55th edition of the Watch and Jewellery Middle East Show will open tomorrow at Expo Centre Sharjah...

Focused, motivated and ready, Lallianzuala Chhangte eyes Asian qualification
Focused, motivated and ready, Lallianzuala Chhangte eyes Asian qualification

Kolkata (West Bengal)[India], May 27 (ANI): The AFC Asian Cup is the pinnacle of football in the world's biggest continent. As Asia's...

From Random Taps to Riches: A Son Honoured His Mother's Words & Won!
From Random Taps to Riches: A Son Honoured His Mother's Words & Won!

SMPL Chennai (Tamil Nadu) [India], May 27: At 56, many people reflect on the life they have lived. For Sriram Rajagopalan, a retired...

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