Page 205 - Bloomberg

J&J gets plaintiff backing for $6.5 bn to resolve lawsuits over baby powder

Separately, the company said in May it has resolved 95% of claims its baby powder was tainted with asbestos and caused mesothelioma, a type of cancer that forms in tissues around the heart and lungs

US election: Pro-Trump PAC plans $100 mn ad blitz as Harris gains steam

The group is launching a $70 million ad blitz in four states - Michigan, Wisconsin, Nevada and North Carolina

Fitch cuts Israel's rating to A+ as Gaza war seen lasting into 2025

The action reflects the impact of the continuation of the war in Gaza, heightened geopolitical risks and military operations on multiple fronts, analysts wrote

Collapsing land sales in Hong Kong threatens city's funding model

For decades, the city's government generated massive income from auctioning off land to cash-rich developers as prices soared

Spiraling electricity bills overtake rent costs for some people in Pakistan

The South Asian nation - where nearly half the population survives on less than $4 a day - has seen electricity prices surge 155 per cent since 2021

US beefs up naval, air forces in West Asia ahead of Gaza truce talks

Secretary of Defense Lloyd Austin ordered the USS Abraham Lincoln carrier group, equipped with F-35C fighters, to speed up its arrival in the region

Foreign investors pulled record amount of money from China last qtr: Report

Should the decline continue for the rest of the year, it would be the first annual net outflow since at least 1990, when comparable data begins

Hindenburg steps up for Adani round two, this time with attack on Sebi

Hindenburg's original report, in which it had accused the centi-billionaire of pulling largest con, caused Adani Group's market capitalisation to crater by $150 bn

Wise Payments eyes more of India's $32 billion in overseas remittances

Major lenders like ICICI Bank Ltd. and State Bank of India have dominated the outbound remittance market in India

India poised to narrow gap with China in emerging-market stock anchor

A higher weighting for India will position it to become the new anchor for emerging market equities

Israel bolsters infrastructure defense amid Iranian attack risks

Israeli authorities are planning for the worst, such as stockpiling alternative fuels for power plants

Olympic gold medals are worth more than ever after cost of metals surged

Even after adjusting for inflation, the value of medals is still the highest ever, with Olympians benefiting from both the sharp rally in bullion prices and increasingly hefty medals

US elections: Won't interfere with Fed in rebuke to Trump, says Harris

The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes, said Kamala Harris

Amid Bangladesh protests, here's a look at key people who will shape future

The inauguration of the temporary govt on Thursday brought to an end a four-day power vacuum after former Prime Minister Sheikh Hasina fled to India following street protests that left hundreds dead

Susan Wojcicki, internet pioneer at Google, Youtube passes away at 56

She announced plans in February 2023 to leave YouTube to focus on her family, health and personal projects

Bangladesh's central bank Governor Abdur Talukder resigns amid protests

Talukder stepped down Friday and cited personal reasons for this departure

TikTok shows less 'anti-China' content than other rival networks: Study

TikTok has faced intense scrutiny from US concerned about the Chinese government's influence

Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory

B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India's biggest beer factory

Welcome to the 'yes, but' cycle of rate cuts

The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts

Bangladesh's opposition party says Sheikh Hasina must face criminal charges

Hasina, one of Asia's longest-serving leaders, resigned and fled Bangladesh on Aug 5 under pressure from millions of protesters who had taken to the streets for weeks to demand she step down