Johnson & Johnson will have to pay $55 million (AED 202 million) to a woman who said that the company’s talc powder products caused her to develop ovarian cancer. J&J plans to appeal the verdict by a US jury. It was the second straight trial loss for the company, which currently faces about 1,200 lawsuits. Many of the cases are about the lack of warning to consumers about its talc-based products.

New Zealand concludes FTA with India with aim to double trade
Mubadala partners with Actis to invest over $350 million in Rezolv Energy
World Bank approves $700 million for Pakistan's economic stability
China's ByteDance signs deal to form joint venture to operate TikTok US app
India reviewing allegations of antitrust breaches by IndiGo
