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Sanofi’s Zantac is being recalled in US, Canada on carcinogen concern

Bloomberg Sanofi is voluntarily recalling heartburn medication Zantac in the US and Canada amid worries that the medicine may be tainted with a compound that could cause cancer. The French pharma company’s announcement follows decisions from major drugstore operators in the US, including Walgreens Boots Alliance Inc and Walmart Inc, to pull the medication from store shelves. In addition, manufacturers ...

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J&J recalls baby powder after asbestos trace found

Bloomberg Johnson & Johnson is recalling one lot of its Johnson’s Baby Powder after tiny amounts of asbestos contamination were found in samples from a single bottle purchased online. J&J is voluntarily recalling the lot, #22318RB, which consists of 33,000 bottles, and is encouraging people who bought the product to discontinue use. The company said that it is working with ...

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Brexit’s impact on world economy to be minimal, says Mervyn King

Bloomberg Brexit won’t have a big impact on the European or global economies, former Bank of England governor Mervyn King said, offering a counterpoint to persistent concerns by global policy makers that the move could further dent already-weakening growth. “I don’t honestly believe that Brexit has any great significance even for the rest of Europe, let alone the rest of ...

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