The firm has set aside about $11bn to address claims its talc products caused cancer. Source link
Category: Business
Belarus firm accused of bypassing UK sanctions
MP claims a garage door parts company is getting round import bans imposed after Russia’s invasion of Ukraine. Source link
Ex-Camelot boss named as new Post Office chairman
Nigel Railton is confirmed as interim chairman of the Post Office after Henry Staunton’s sacking. Source link
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022. Source link
Chinese women are teaming up with strangers to save money
They are finding new ways to cut back on household spending as China’s economy loses steam. Source link
India’s economy: The good, bad and ugly in six charts
Now, 10 years on, India’s growth is outpacing other major economies, its banks are strong, and the government’s finances are stable despite a painful pandemic. India surpassed the UK as the fifth largest economy last year and according to analysts at Morgan Stanley, it’s on track to overtake Japan and Germany and hit the third...
Tatti Lashes: The school friends who built a beauty empire
Charlotte Tiplady and Elliot Barton explain how together they built up their Tatti Lashes beauty empire from Liverpool. Source link
Amazon Prime ads help tech giant drive profits
The tech giant did better than expected in many areas of its business. Source link
Migrants hit by high fees to send money home
Female migrants, especially, are sending money home to cover unseen expenses. In Ms Ogba’s own monthly remittances from the US to Nigeria, she prioritises her parents’ healthcare, her cousin’s education, and communal obligations like funeral expenses. On top of this are contributions for home renovations. Source link
Why green steam is a hot issue for business
Steam is still needed in many industries, but much of it is still made with fossil fuels. Source link