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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,...

Construction

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Universal unveils Epic Universe to challenge Disney’s dominance
Universal's new Epic Universe park challenges Disney in Florida

ORLANDO, Florida: For years, Universal Orlando played second fiddle to Disney's sprawling empire in Central Florida. Now, with the...

Bank of Ireland boosts housing support target to 30,000 homes
Bank of Ireland Group increases home building target to 30,000

DUBLIN, Ireland: The Bank of Ireland has announced an ambitious new target to support the construction of 30,000 homes across the country,...

British house prices record fastest annual growth since 2022

LONDON, May 21 (Xinhua) -- Britain's average house prices rose by 6.4 percent in the year to March 2025, reaching 271,000 pounds (about...

S. Korea's industrial accident deaths fall in Q1

SEOUL, May 21 (Xinhua) -- South Korea's industrial accident deaths slightly fell in the first quarter thanks to tougher punishment...

Denver layoffs will come at bad time, but no one should be surprised (Editorial)
Denver layoffs will come at bad time, but no one should be surprised (Editorial)

Denver layoffs will come at bad time, but no one should be surprised (Editorial)

Bauernfeind curring education at Air Force Academy (Opinion)
Bauernfeind curring education at Air Force Academy (Opinion)

Bauernfeind curring education at Air Force Academy (Opinion)

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