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Johnson&Johnson ordered to pay $18.8 mn in California talc-cancer trial

Jurors in state court in state court in Oakland concluded Tuesday that J&J's baby powder helped cause Anthony Hernandez Valadez's mesothelioma, a specific type of cancer linked to asbestos exposure

Johnson&Johnson ordered to pay $18.8 mn in California talc-cancer trial
Updated On : 19 Jul 2023 | 7:35 AM IST

Jorge Mas: The billionaire who convinced Messi to pick MLS over Saudi

With Lionel Messi and Apple Inc. on his side, the 60-year-old construction executive is seeking to upend the business of US soccer and make it a lot more profitable

Jorge Mas: The billionaire who convinced Messi to pick MLS over Saudi
Updated On : 19 Jul 2023 | 7:24 AM IST

Billions in corporate debt: Wave of bankruptcies threatens global economy

Rising tide of distress is, of course, to certain degree by design. Caught by surprise as inflation surged, monetary policymakers have been aggressively draining cash from the world's financial system

Billions in corporate debt: Wave of bankruptcies threatens global economy
Updated On : 19 Jul 2023 | 7:19 AM IST

A Japanese company bans late-night work. A baby boom soon follows

We set out to boost productivity but had no idea it would have an impact on the birthrate, says Fumihiko Kobayashi, Executive vice-president, Itochu

A Japanese company bans late-night work. A baby boom soon follows
Updated On : 18 Jul 2023 | 11:46 PM IST

Tiff with Xi? The curious case of China's missing foreign minister Qin Gang

In that role, he's kept a busy schedule. The 57-year-old's longest previous absence was just eight days over the Lunar New Year Holiday, according to government records

Tiff with Xi? The curious case of China's missing foreign minister Qin Gang
Updated On : 18 Jul 2023 | 11:38 PM IST

UK set to win battle for electric Jaguar Land Rover battery plant

Tata has chosen a site in Somerset, west England, owned by Salamanca Group, an investment and advisory business with roots in real estate, people familiar with the plans said

UK set to win battle for electric Jaguar Land Rover battery plant
Updated On : 18 Jul 2023 | 11:38 PM IST

Amazon.com Inc says its carbon emissions fell for first time in 2022

Amazon in recent years has been the biggest corporate buyer of renewable electricity

Amazon.com Inc says its carbon emissions fell for first time in 2022
Updated On : 18 Jul 2023 | 10:48 PM IST

VC firm CoinFund raises $158 mn to back early-stage crypto startups

The New York-based firm had initially aimed for $125 million, but received more interest than expected, said Chief Executive Officer Jake Brukhman

VC firm CoinFund raises $158 mn to back early-stage crypto startups
Updated On : 18 Jul 2023 | 8:29 PM IST

Vistara prepares to merge staff into Air India as two carriers merge

Vistara, now co-owned by Tata Group and Singapore Airlines Ltd., will be folded into Air India under a deal announced in November, giving the Tatas more heft to go up against dominant IndiGo

Vistara prepares to merge staff into Air India as two carriers merge
Updated On : 18 Jul 2023 | 6:19 PM IST

Britain's food industry thinks worst inflation is over as costs stabilise

Britain's overall rate of inflation has remained stubbornly high this year. Economists expect it to dip to 8.2% on Wednesday

Britain's food industry thinks worst inflation is over as costs stabilise
Updated On : 18 Jul 2023 | 6:05 PM IST

Food inflation still high worldwide; Venezuela, Lebanon worst hit

In real terms, food price inflation exceeded overall inflation in 79.8% from 163 countries where data are available, the World Bank said in its latest food security update

Food inflation still high worldwide; Venezuela, Lebanon worst hit
Updated On : 18 Jul 2023 | 6:00 PM IST

Singapore passport world's most powerful, replacing Japan: Henley Index

The US, which once topped the ranking nearly a decade ago, slid two places to eighth place

Singapore passport world's most powerful, replacing Japan: Henley Index
Updated On : 18 Jul 2023 | 5:03 PM IST

Janet Yellen sees disinflation pressures at work as hiring surge fades

The improvement in US inflation trends has contrasted with suggestions of outright deflationary risks in China

Janet Yellen sees disinflation pressures at work as hiring surge fades
Updated On : 18 Jul 2023 | 5:00 PM IST

Foxconn buys worth $33 mn equipment from Apple for expansion in India

Apple Inc. tripled iPhone production and assembled more than $7 billion of iPhones in India last fiscal year, making almost 7% of its handsets in the country

Foxconn buys worth $33 mn equipment from Apple for expansion in India
Updated On : 18 Jul 2023 | 4:51 PM IST

BlackRock appoints Saudi Aramco's CEO Amin Nasser to its board: Report

Bader Al-Saad, director general and chairman of the Arab Fund for Economic and Social Development, won't stand for re-election to BlackRock's board next year, according to the statement

BlackRock appoints Saudi Aramco's CEO Amin Nasser to its board: Report
Updated On : 18 Jul 2023 | 4:14 PM IST

Evergrande Group pushes restructuring plan after $81 bn loss over 2 years

To implement one of China's largest debt restructurings ever, the company needs approval from at least 75% of each group of creditors

Evergrande Group pushes restructuring plan after $81 bn loss over 2 years
Updated On : 18 Jul 2023 | 4:04 PM IST

A 700% jump in tomato prices creates windfall for some Indian farmers

Retail prices of tomatoes were at 178 rupees ($2.20) a kilogram in Delhi on Sunday, a jump of more than 700% from Jan. 1, according to data compiled by the food ministry

A 700% jump in tomato prices creates windfall for some Indian farmers
Updated On : 18 Jul 2023 | 11:32 AM IST

Super-rich with family offices hiring away experts, other creative stars

This is an option nowadays not not just for chefs burned out by the daily grind of restaurants, but accountants, investment advisers, personal shoppers

Super-rich with family offices hiring away experts, other creative stars
Updated On : 18 Jul 2023 | 10:39 AM IST

Evergrande pushes debt restructuring after posting $81 bn loss over 2 yrs

The defaulted real estate giant asked to convene meetings for offshore creditors to approve its credit overhaul plan, after reporting long-delayed financial statements for 2021 and 2022

Evergrande pushes debt restructuring after posting $81 bn loss over 2 yrs
Updated On : 18 Jul 2023 | 9:43 AM IST

More money coming to New American Cricket League, says Anurag Jain

The league kicked off its inaugural season last Thursday with the Texas Super Kings beating the Los Angeles Knight Riders in Dallas

More money coming to New American Cricket League, says Anurag Jain
Updated On : 18 Jul 2023 | 8:34 AM IST