Business

New York: Johnson & Johnson has proposed to pay almost $9bn to resolve tens of thousands of lawsuits it faces in North America that claim its baby powder and other talc-based products cause cancer. The healthcare giant said it still…
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NEW DELHI  – India’s growth continues to be resilient despite some signs of moderation in growth, says the World Bank in its latest India Development Update, the World Bank India’s biannual flagship publication. The Update notes that…
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Bahrain has taken a significant step towards incentivizing investments and job creation by launching a new initiative, the Golden Licence. The Golden Licence is designed to provide streamlined services and benefits to local and foreign…
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Royal Enfield, has revealed its plan to expand its international presence and strengthen its global footprints with plans to establish assembly operations in Nepal and Bangladesh, according to the company's CEO, B Govindarajan. With a…
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In a surprise move, OPEC members including Saudi Arabia, the UAE, Iraq, Kuwait, and Algeria have announced voluntary oil production cuts exceeding one million barrels per day from May until the end of the year. They have described it as a…
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Kathmandu: Nepal is keen to sign a 25-year agreement with India on selling its surplus power to the neighbouring country during Prime Minister Pushpa Kamal Dahal Prachanda’s expected visit to New Delhi. Though the official date of…
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WASHINGTON  — Progress in reducing gas flaring resumed in 2022, with gas flared worldwide falling by 5 billion cubic meters (bcm) to 139 bcm, its lowest level since 2010, according to new satellite data compiled by the World Bank's Global…
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Mumbai: The Nita Mukesh Ambani Cultural Center (NMACC) was inaugurated on Friday in the presence of eminent personalities of the country along with artists, religious leaders, sports and business personalities from India and…
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Ajay Banga, the US pick to head the World Bank, appears almost certain to become the next president of the international institution as nominations closed yesterday. While no countries besides the US have announced candidates, World Bank…
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MANILA  — Association of Southeast Asian Nations (ASEAN) economies must strengthen their positions in global value chains to bolster resilience against new challenges including future pandemics, geopolitical instability, and climate change,…
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