we begin in the us in what could become the largest product liability settlement in history. the pharmaceutical s giant, johnson &johnson has proposed paying almost $9 billion to settle tens of thousands of lawsuits that allege the company s talcum powders causes cancer. the new move seeks to resolve all current and future claims and follows a decade long legal battle between plaintiffs lawyers and johnson & johnson. my colleague samira hussain with the details. johnson &johnson johnson & johnson has johnson &johnson has been dogged for use by claims that its talcum powder causes cancer. in 2021 it settle a lawsuit in newjersey brought by 21 women who blame the company for that very cancer and is set aside another 2 billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuits. now the company says it will increase the potential size of all settlement to 8 $.9 billion. the company stopped selling it talcum product
hoping to project european unity and what they want to do is persuade china to use its influence of russia to bring peace into ukraine or at least prevent beijing from directly supporting its ally because they have been accusations that china could be providing arms to which china denies. beijing has been on a charm offensive, trying to separate europe from america so america will be watching the trip closely. let s get some of the day s other news: britain s data regulator has fined short video platform tiktok $15.9 million for allowing underaged children to use its platform without the consent of their parents or guardians. that s in violation of tiktok s own rules. turning away from china now and elon musk has officially lost his top spot on the forbes billionaires list. he s been dethroned by bernard arnault who leads the french luxury goods giant lvmh.