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Air pollution in India’s capital spikes on Diwali

Bloomberg Air pollution levels in India’s capital soared off the charts once again as millions of Indians burst fire crackers to celebrate Diwali, the Hindu festival of lights, despite a Supreme Court ban on the sale of fireworks in the region. Already one of the world’s most notoriously polluted mega cities, the capital saw its air quality index (AQI) gradually ...

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Alphabet, SoftBank billionaires swap seats in ride-hailing race

­­­­­­­­­­­Bloomberg The future of the ride-hailing industry depends on the capricious largesse of two internet billionaires on opposite sides of the globe. Alphabet Inc., led by Larry Page, just backed Lyft Inc., while SoftBank Group Corp. chief Masayoshi Son is set to take a big stake in larger rival Uber Technologies Inc. Alphabet unit CapitalG led a $1 billion investment ...

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J&J wins reversal of $417mn talc verdict

Bloomberg Johnson & Johnson got a $417 million jury verdict thrown out after a California judge agreed the company didn’t have a duty to warn a woman who has since died that its Baby Powder could cause ovarian cancer. The ruling erased the fourth-largest US jury award of the year. It follows a Missouri appeals court’s ruling earlier in the ...

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