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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...

Delhi

Section
IndiGo to be first airline to commence operations from Navi Mumbai airport
IndiGo to be first airline to commence operations from Navi Mumbai airport

Mumbai (Maharashtra) [India], May 28 (ANI): IndiGo will be the first airline to commence commercial flight operations from Adani Group-owned...

Delhi govt plans to increase pension for senior citizens, PWDs by Rs 500
Delhi govt plans to increase pension for senior citizens, PWDs by Rs 500

By Tanya Chugh New Delhi [India], May 28 (ANI): The Delhi Government is planning to increase the monthly pension for senior citizens...

South Korea to aid country's auto-parts industry amid US tariff concerns
South Korea to aid country's auto-parts industry amid US tariff concerns

New Delhi [India], May 28 (ANI): The South Korean government plans to provide 250 billion won (USD 182.4 million) in low-interest loans...

'AAP will not compromise on corruption': AAP MP Malvinder Kang on Fazlika SSP's suspension
'AAP will not compromise on corruption': AAP MP Malvinder Kang on Fazlika SSP's suspension

Chandigarh (Punjab) [India], May 28 (ANI): As the Punjab government suspended Fazlika Senior Superintendent of Police (SSP) on corruption...

"Pradhan Mantri Chuppi Todo": Congress to PM Modi on US claims of brokering India-Pakistan ceasefire
"Pradhan Mantri Chuppi Todo": Congress to PM Modi on US claims of brokering India-Pakistan ceasefire

New Delhi [India], May 28 (ANI): The Congress Party on Wednesday has again urged Prime Minister Narendra Modi to 'break' his silence...

"We expect formation of popular government to happen soon": Manipur MLA Sapam Nishikanta
"We expect formation of popular government to happen soon": Manipur MLA Sapam Nishikanta

Imphal (Manipur) [India], May 28 (ANI): Moments after meeting Governor Ajay Bhalla, Manipur's Independent MLA Sapam Nishikanta Singh...

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