Bloomberg The European Commission proposed ways to resolve the Trump administration’s concerns over the functioning of the World Trade Organization (WTO), in a bid to avert a looming crisis that could undermine the WTO’s ability to arbitrate trade disputes. “The dispute settlement function of the WTO is at grave danger, and swift action by members is needed to preserve it,” ...

Bloomberg Johnson & Johnson (J&J) should ready itself for a flood of new lawsuits after a jury ordered the company to pay $4.69 billion to 22 women who blamed their ovarian cancer on asbestos in its talc products, legal experts said. There are already more than 9,000 suits claiming talc-based baby powder causes ovarian and asbestos-specific cancers. That number is ...

Bloomberg The US Commerce Department has lifted the ban on American firms selling products to China’s ZTE Corp., removing the final hurdle for the company to start rebuilding its business. The ban was removed after ZTE paid the final tranche of a $1.4 billion penalty by placing $400 million in escrow at a US bank, the department said. That sum ...