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French business confidence jumps in June

Bloomberg French business confidence surged in June, rebounding from the lockdown damage as the economy continues to reopen. The improvement follows figures showing a pickup in measures of activity in the euro area and data last week that indicated the slump in France wasn’t as bad as initially expected and consumption is returning quickly. A closely watched measure of business ...

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J&J talc verdict cut in half to $2.1 billion by US court

Bloomberg A Missouri appeals court refused to toss out a $4.7 billion jury verdict against Johnson & Johnson (J&J) over cancer claims linked to talc-based products including baby powder but agreed to cut the total payout to $2.1 billion to the women who sued the company. In a unanimous 83-page opinion, a three-judge panel said 2018 trial testimony by plaintiffs’ experts ...

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European stocks, US futures slide as cases of Covid-19 rise

Bloomberg European stocks and US futures slumped as a resurgence in virus cases in Tokyo, Germany and the American South sharpened concern about the pace of economic recovery. The Stoxx Europe 600 Index fell the most in a week with losses across all major industries. Oil and copper retreated, while the dollar steadied. Austria is selling another 100-year bond, locking ...

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