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
we will have more from anna on that story later. the uk government has suspended engagement with one of the country s leading business groups the cbi pending an investigation into allegations of sexual misconduct and drug abuse at the lobbying group. let s get the latest on this from our business editor simonjack. just talk to us about the allegations. they have been around this week, but today was quite a landmark moment in the uk government, saying, hang on, until you fix this, we don t want any part of it? ~ ., you fix this, we don t want any part of it? ~ . ,. ., you fix this, we don t want any part of it? ~ . , , ., of it? what i discovered earlier this morning of it? what i discovered earlier this morning is of it? what i discovered earlier this morning is that of it? what i discovered earlier this morning is that the - of it? what i discovered earlier i this morning is that the treasury, everyone from the chancellor, to ministers, to all officials down at hmt
a lot of the reasons this newly formed bank? this is a lot of the reasons why - this newly formed bank? this is a lot of the reasons why a - this newly formed bank? this is a lot of the reasons why a lot i a lot of the reasons why a lot of people were not in favour of this merger and even why the government has issues with this merger. there is a huge amount of overlap between these two institutions so you are going to get a lot ofjob because in the paint will be extreme. they have not put out their full plan. sergio ermotti has asked for a couple of months to have answers but almost certainly you will get a great number of job cards. you will get a great number of job carda job cards. oliver, you have a very busy job cards. oliver, you have a very busy day job cards. oliver, you have a very busy day ahead - job cards. oliver, you have a very busy day ahead and - job cards. oliver, you have a very busy day ahead and we | very busy day ahead and we shall keep a close eye on the a
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