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Business

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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,...

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...

Delhi

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Vice-President Jagdeep Dhankhar set to visit Mumbai on May 28
Vice-President Jagdeep Dhankhar set to visit Mumbai on May 28

New Delhi [India], May 28 (ANI): Vice-President of India Jagdeep Dhankhar will be on a one-day tour of Mumbai, Maharashtra, on Wednesday....

"Current Covid variants transmissible but not severe": Dr Arjun Dang
"Current Covid variants transmissible but not severe": Dr Arjun Dang

By Shalini Bhardwaj New Delhi [India], May 28 (ANI): The number of COVID-19 cases in India reached 1,010, on May 27. According to...

"Pakistan has to be brought back into FATF grey list": Assaduddin Owaisi in Kuwait
"Pakistan has to be brought back into FATF grey list": Assaduddin Owaisi in Kuwait

Kuwait City [Kuwait], May 27 (ANI): AIMIM chief Asaduddin Owaisi, who is part of an all-party delegation to inform nations about Pakistan's...

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...

Sikkim gears up for PM Modi's visit, Chief Minister Tamang reviews preparations
Sikkim gears up for PM Modi's visit, Chief Minister Tamang reviews preparations

Gangtok (Sikkim) [India], May 27 (ANI): As Sikkim prepares to celebrate the golden jubilee of its Statehood, the state is abuzz with...

India-Slovenia engagement ends with call for joint fight against terrorism
India-Slovenia engagement ends with call for joint fight against terrorism

Ljubljana [Slovenia], May 27 (ANI): After wrapping up a three-day official visit to Slovenia, the all-party Indian parliamentary delegation...

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