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BBCNEWS Asia Business Report July 6, 2024

kevin mccarthy in california. and an early morning statement the spokesperson for the chinese ministry accused washington of colluding with taiwan especially over the issue of arms sales. earlier mr mccarthy said they must strengthen economic cooperation with the island that china has claimed as its own. claimed as its own. whether it s out deep claimed as its own. whether it s out deep commercial - claimed as its own. whether. it s out deep commercial ties, strong people to people relationships or shared values, our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr mccarthy is the most senior us figure to meet with a taiwanese leader on american soil since 1979, taiwanese leader on american soilsince 1979, despite taiwanese leader on american soil since 1979, despite the rhetoric, though, taiwanese firms do big business with both china and the united states in fact china is taiwan s largest trading partner. earlieri spoke wit ....

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BBCNEWS Asia Business Report July 6, 2024

the former us president donald trump after he pleaded not guilty to sa criminal charges and a new york court. mr trump is accused of falsifying records and paying hush money to hide damaging information during the 2016 election. lots more of course on the bbc website is always and continued coverage right here on bbc news but away from that story and what could be one of the us largest product liability settlements. johnson &johnson has proposed paying almost $9 billion to settle lawsuits alleging the company s talcum powder is because cancer. the new move seeks to resolve all current and future claims. samaria hussein has more. johnson &johnson has been dogged for years by claims that it talcum powder causes cancer. in 2021 it in newjersey brought by 22 women who blame the company s product for their ovarian cancer and that same year it 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 ....

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BBCNEWS Asia Business Report June 4, 2024 00:37:00

Have led to worries that a recession may be on the horizon and to stock market selloffs. so bad news is bad again. we will see if that relationship holds on friday when the full monthly employment report is released. ., ., ,, released. samaria hussein reporting released. samaria hussein reporting on released. samaria hussein reporting on that - released. samaria hussein reporting on that story - released. samaria hussein reporting on that story for| released. samaria hussein i reporting on that story for us. switzerland has ordered the bonuses of top executives of credit suites to be cut following the forced merger with ubs. 1000 employees will be affect it and the combined bonuses have a value of over $55 million. the air travel industry was one of the hardest hit during the pandemic but add that to an economic crisis and that to an economic crisis and thatis that to an economic crisis and that is the situation sri lankan airlines found itself in. the carrier is now exploring priv ....

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BBCNEWS Asia Business Report June 4, 2024 01:32:00

Billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuit. now, the company says it will increase the potential sizeable settlements to $8.9 billion. the company stopped selling its talcum products in canada and the united states and will end global sales by the end of the year. in a press release the company says it still maintains these claims lacks scientific merit and that they do not admit any wrongdoing. as a way to limit its total liability johnson &johnson is trying to settle these lawsuits through a subsidiary and it is this subsidiarity that is filing for bankruptcy which still needs to be approved by a judge. the first attempt to limit its exposure through bankruptcy was limited by the courts. it is still not sure thatjohnson & johnson has reached the end of its talcum powder problems. that was samaria hussein ....

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