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China

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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,...

Russia’s top oil company takes over largest rare earth deposit
Rosneft takes control of Russia's largest rare earth deposit

MOSCOW, Russia: Russia's top oil company, Rosneft, has taken over control of the country's largest rare earth metals deposit, Tomtor,...

Bipartisan Senate bill targets China, Russia in nuclear energy race
Bipartisan group of US lawmakers introduce bill to boost nuclear power

WASHINGTON, D.C.: U.S. senators from both parties introduced a bill this week aimed at countering China and Russia's growing influence...

Russia warns US about Golden Dome scheme
Russia warns US about Golden Dome scheme

Washingtons plans for a global anti-ballistic missile system are eroding strategic stability, the Foreign Ministry has says The US...

Feature: Chinese hybrid rice boosts food security in Madagascar
Feature: Chinese hybrid rice boosts food security in Madagascar

Chinese hybrid rice growing has helped to improve Madagascar's food security, with locally adapted hybrid varieties now covering 90,000...

China's underwater tech guards porpoises worldwide
China's underwater tech guards porpoises worldwide

WUHAN, May 27 (Xinhua) -- In the golden light of early morning, a research vessel glided across China's Yangtze River, while a mysterious...

Business

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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...

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