December 13, 2025

J&J Ordered to Pay $40 Million in Ovarian Cancer Baby Powder Case

A California jury has ruled that Johnson & Johnson must pay $40 million to two women who blamed their ovarian cancer on decades of using J&J’s talc-based baby powder. The company says its products are safe and plans to appeal.

December 13, 2025

EU Freeszes €210bn Russian Assets Indefinitely to Help Ukraine; Russia Sues Euroclear

The EU has decided to freeze €210bn of Russian assets indefinitely to support Ukraine. Russia countered by suing Euroclear, which holds the frozen funds. The move removes six-month renewals, blocking veto threats, but some EU countries like Belgium remain cautious.

December 12, 2025

Labour Ministry: PF Contributions Over ₹15,000 Wage Are Voluntary, No Take-Home Pay Cut

The Union Labour Ministry clarified that PF contributions beyond ₹15,000 wage limit are voluntary under new social security codes. It assured no reduction in take-home pay. Pension groups demand higher pensions for low earners.

December 12, 2025

ATO's $500,000 Outsourcing Cut Target Criticized as 'Woefully Inadequate'

The Australian Taxation Office aims to cut outsourcing by just $500,000 this year. Critics call this tiny reduction disappointing amid government calls to bring more work in-house and reduce contractor use.

December 12, 2025

Rupee Hits Record Low of 90.41 Against US Dollar on Trade Deal Concerns

The Indian rupee fell to an all-time low of 90.41 against the US dollar on December 12, 2025. Weak investor sentiment due to delays in the India-US trade deal and foreign fund outflows put pressure on the currency. Despite global factors, experts expect the rupee to stay weak for now.