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Business

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China’s Lenovo profit plunges 64%, misses estimates sharply
China's Lenovo posts quarterly profit, short of estimates, shares slip

BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...

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...

United Kingdom

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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...

Telangana NRIs give grand welcome to K.T. Rama Rao in London
Telangana NRIs give grand welcome to K.T. Rama Rao in London

London [UK], May 28 (ANI): Bharat Rashtra Samithi (BRS) Working President K.T. Rama Rao (KTR) received a warm and enthusiastic welcome...

Union Ministers pay tribute to Veer Savarkar on his birth anniversary
Union Ministers pay tribute to Veer Savarkar on his birth anniversary

New Delhi [India], May 28 (ANI): Several Union Ministers on Wednesday paid tribute to the Vinayak Damodar Savarkar on his birth anniversary....

His sacrifice and courage will guide in creation of developed India: PM Modi pays tribute to Veer Savarkar on his birth anniversary
His sacrifice and courage will guide in creation of developed India: PM Modi pays tribute to Veer Savarkar on his birth anniversary

New Delhi [India], May 28 (ANI): Paying tribute to Vinayak Damodar Savarkar on his birth anniversary, Prime Minister Narendra Modi...

Defence Minister Rajnath Singh pays tribute to Veer Savarkar on his birth anniversary
Defence Minister Rajnath Singh pays tribute to Veer Savarkar on his birth anniversary

New Delhi [India], May 28 (ANI): Defence Minister Rajnath Singh on Wednesday paid tribute to Vinayak Damodar Savarkar on his birth...

Merz Comments Put Spotlight On Taurus Cruise Missiles For Ukraine
Merz Comments Put Spotlight On Taurus Cruise Missiles For Ukraine

Remarks by German ChancellorFriedrich Merzon allowing Ukraine to fire Western-supplied missiles at military targets deep inside Russia...

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