Business

Commerce secretary appears to fall asleep during Trump's speech

Commerce secretary appears to fall asleep during Trump's speech

Trump singled out Iran as a key source of funding and support for militant groups. Trump's Riyadh visit kicks off his first presidential trip overseas, with Saudi Arabia the first stop on a nine-day journey through the Middle East and Europe.


Israel and Arab neighbours 'have common cause over Iranian threat'

Israel and Arab neighbours 'have common cause over Iranian threat'

The reception marked a contrast from his difficulties at home where he is struggling to contain a mushrooming scandal after his firing of former FBI Director James Comey almost two weeks ago. Najib said he was also touched by the warmth showed by King Salman towards him as he did not expect to be feted with sumptuous lunch attended by Saudi Arabia royal families and cabinet members when he had an audience with the monarch yesterday.


US new-home sales drop 11.4% in April, most in 2 years

US new-home sales drop 11.4% in April, most in 2 years

New single-family home sales rose to a seasonally adjusted annual rate of 569,000 in April, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Surprisingly, the median sales price dropped to $309,200, down from last month's $315,100. Sales in April were still up 0.5 per cent from a year earlier.



Donegal's Minister pays tribute to Taoiseach Kenny

UK Prime Minister Theresa May said Mr Kenny had been a "strong and consistent friend" to her country. Kenny will remain as a party leader in acting capacity until his successor is elected. In a statement to colleagues in Dublin, Mr Kenny said he was retiring from midnight with his successor to be in place on June 2. He understands, as he said last week, the unique circumstances of Donegal, cut off from the rest of the North for most of the last century by partition, and cut off ...



Death by a thousand cuts: Trump's budget will destroy social safety net

The fleshed-out proposal follows up on an unpopular partial release in March that targeted the budgets of domestic agencies and foreign aid for cuts averaging 10 percent - and made lawmakers in both parties recoil. "We are no longer going to measure compassion by the number of programs or the number of people on those programs", Mulvaney said on a conference call with reporters on Monday.


South Korea fires shots at North Korea after object crosses border

South Korea fires shots at North Korea after object crosses border

It did not immediately provide more details. Analysts say limited surgical U.S. missile strikes would not be able to destroy North Korea's extensive nuclear and ballistic missile arsenals that are reportedly in numerous fortified underground sites across the country.