June 27 Reuters Johnson Johnson39;s proposed 8.9 billion settlement of thousands of lawsuits alleging that its talc products cause cancer faces a crucial hurdle this week as a U.S. bankruptcy judge in New Jersey considers whether or not a JJ subsidiary may resolve them by filing for bankruptcy a second time. JJ subsidiary LTL Management39;s first […]

SHANGHAIHONG KONG, June 27 Reuters China should allow crossborder sharing of information by financial firms operating in the country, a leading financial lobby group said, as authorities tighten control of data generated within its borders in a national security drive. Last July, China unveiled crossborder data review measures that require a security review for important offshore data […]

COLOMBO, June 27 Reuters Sri Lanka will enter into an agreement with the World Bank for 500 million in budgetary support after the cabinet approved it on Tuesday, the biggest funding tranche for the crisishit nation since an International Monetary Fund deal in March. The island nation of 22 million is emerging out of its […]

MUMBAI, June 27 Reuters The Indian rupee inched up on Tuesday, thanks to the yuanled recovery on Asian currencies on indications that China39;s central bank may be uncomfortable with the pace of the decline. The rupee was at 81.9650 to the dollar by 1102 a.m. IST, up from 82.04 in the previous session. The rupee39;s […]

LONDON, June 27 Reuters The European Union on Tuesday reached a deal to implement the final batch of tougher bank capital rules agreed internationally following the global financial crisis over a decade ago, with additions to contain risks from the crypto sector. The remaining leg of the 39;Basel III39; global accord, agreed among G20 and […]