transform struggling v.w. into a global powerhouse headed on ph h.d. agency. and then fizzle and lets do business a us court has ordered from a judge johnson and johnson to pay a half a $1000000000.00 for an opioid crisis that's ravaged the state of oklahoma the judge blamed aggressive and misleading marketing companies share price rose based as are expecting a high a fine. he's probably needed boxes son austin is one of 6000 him ins believed to have died from an opioid overdose since the start of the millennium a promising american footballer he died in his prime. austin who was living a nightmare the nightmare at prescription drug abuse now the 1st of thousands of lawsuits aimed at holding manufacturers and distributors to account has made it through trial cleveland county district judge that borkman has said

prosecutors have proven johnson and johnson to create a public nuisance that would take decades to repair. the homes today judge walker has affirmed our position that johnson and johnson motivated by greed and avarice is responsible for the opioid epidemic. johnson and johnson will farm lee be held accountable for thousands of deaths an addiction caused by their activities prosecutors in oklahoma initially hoped to secure $17000000000.00 from 3 companies however one of them tiva pharmaceuticals settled out of court for $85000000.00 a 2nd perjury pharma which produces oxycontin also settled this time for $270000000.00 now after the johnson and johnson ruling the state says it will have to be satisfied with the almost $1000000000.00 total raced. johnson and johnson was accused of flooding the markets with painkillers and deceptively advertising them

the firm denies wrongdoing saying its claims were backed by science it plans to appeal against the oklahoma court's decision. we have sympathy. for all who suffer. from substance of the use. but johnson and johnson. did not cause the opioid abuse crisis here in oklahoma. or anywhere in this country. for thousands of more claimants around the united states disagree. with this story doesn't just affect the u.s. that's talk to our financial correspondent in frankfurt as those pandey out of touch the companies go to fight this but will it actually change the way it markets its medication. maybe just related to the opioids even the admin deigns that the marketing is bad scientifically but overall change in

strategy i really don't see the that happening because let's face it ben these pharma companies aren't the most ethical when it comes to marketing or getting their drugs approved whether it's paying money to fund academic research or academic notes this concern of whether it's in this case is marketing misleading marketing is concerned so clearly and there's also the ad that aspect of bribing doctors to present to prescribe their own medicines some analysts say this case will simply drive big pharma into new markets and already has indeed it has he has. opioids have been money spinners for pharmacy pharmaceutical companies in the us especially the pharmaceutical companies were actually struggling to generate profits with the kind of spending they have on research and development your leave the sea of evolution seen in the u.k.

that the government is reviewing the crisis and this after 2024 1000000 opioids prescribed by the n.h.s. doctors in 2017 astonished on the 1st of the very 1st so it's a huge. well it couldn't come at a better time for prime minister and dr modi the economy is showing signs of distress and the reserve bank of india has approved a record payout to the state it's due to a much higher than expected dividend and surplus thanks to a new economic capital framework that it's adopted that's raising eyebrows of some critics the $24000000000.00 windfall comes amid a slowdown in economic growth to a 5 year low and reports of tens of thousands of job losses especially in the auto industry states also say the extra funds will allow the government to contact says and provide more money for housing part of the payout will also be pumped into banks which should help reduce lending rates analysts say the transfer rivals the

stimulus some g. 20 nations pumped into their economies during the global financial crisis one economist who's been closely following developments of the claims the central bank is losing its functional autonomy and essentially becoming a piggy bank for the government well that could scare off investors as crunched the numbers with dave chata g a business reporter based in mumbai 1st of all what's the new methodology it's adopted to calculate this record payout it sounds a little wishy washy. committee which was headed by the former reserve bank of india r b my child. this is janet was supposed to make was to keep a fine balance between the r.b.s. i guess need it was should save the money for the rainy day or where there should give the money back to the government of india now to be mindful and here's a very respected figure in the indian financial sector because i didn't use this solution which basically means that i should abolish realized 5.5 percent to 6.5

percent of the balance sheet so yesterday the board decided to make the level at 5.5 percent of their balance sheets and this is this is freed up a lot of money for the government of india is the bank of india then what do you expect. it is a lot of money and it's a big decisions that are being made but tell me just how independent a central bank actually is because the former governor quit last year over those very reasons the independence of the r.b.i. . absolutely the independence of the reserve bank of india has become a topic of odd debate in india at least 2 former reserve bank of india governors and a dupe to go and have with the organized government interference the relations between the ages of bangkok in their governors and the more the government has remained frosty since more the us come to power in 2014 but the good news is that the

present reserve bank of india governor mr shafiq under the is a former government servant has worked closely with the more the government and especially on the money to the indian currency which ended of course in the use disruption of the indian economy so mr das relations with the present government at new delhi is quite good and that we can we can see a great great convincingly that this is on the right track along with the izzo bank of india but just briefly are these funds really going to help the modi government and help the economy. well there are more the government does but it's clean needs . where it would find the economy isn't slowing down the corporate earnings of falling back for the sips of ali so certainly they got more the government needs this money and a large part of more the government was planning to raise funds by selling the government's stake in public sector units and in fact that money is also not coming because they think stock markets are falling so what the government can use this money for various various of its own expenditure and what some analysts and

economists are saying the government could also reduce its borrowing which is of course a good news for the finance ministry because then it would make the bill to maintain its just a little bit by the current financial year which ends in march next year the charity for us in mumbai thank you. chinese startup make v. is continuing with its plans to go public in spite of the political unrest in hong kong according to insiders the artificial intelligence firm is hoping to raise at least $500000000.00 it wants to use the revenue for research and development marketing and its worldwide expansion. china is relaxing limits on the number of new vehicle licenses granted by local governments to help boost the ailing. european orders stocks rose on the news china's trade conflict with the u.s. and a slowing economy hit local consumption car sales have fallen for 13 months in a row experts believe the world's largest auto market will shrink by 9 percent this year. he was one of the most powerful men in the international car industry.

has died aged 82 as head of v.w. he is credited with reviving the german firm's fortunes and putting it on the road to becoming the world's biggest what about a factory. he had v.w. in his d.n.a. ferdinand was a man practically born in the driver's seat p.s. grandfather was fat and porsche the man who designed the iconic folk frog and beetle. discovered his passion for cars and technology at an early age he studied mechanical engineering and after climbing the corporate ladder became c.e.o. of the v.w. group which was then nearly insolvent transformed the company. scooped him up to be number one for you are always winners and losers. me and with our partners which v.w. has across the whole world i intend to be the winner. within a few years v.w.

was again making a profit that laid the cornerstone for his reputation as a visionary car executive when v.w. acquired porsche was already group chairman the merger was a long time ambition of his the father of 12 children believed v.w. and push belongs together. $152015.00 ph found himself in a power struggle with the w.'s then c.e.o. mott inventor cornered it was a struggle ph lost and he resigned an abrupt end to a story to korea. a top of his shuttle buses are now picking up passages in singapore out of a 3 month study to assess the safety and commercial viability of the service trials taking place on the resort island of sentosa it is being closely watched as tech firms in order make his race to build self driving cars a global autonomous vehicle mockers over britain with $54000000000.00 a year that it is expected to be priests and fold in the next decade.

and u.s. retailers was forced to cut short its opening day in china of a safety concerns crowd so boggan hunters want the store in suburban shanghai the white house out there posted a message on its apps angut have to close its doors just to overcrowding situation also cause massive traffic chaos in stores neighborhood. and a lot about the time for he knows their business with it.

ah. the brand new delusion. device of the topics that affects the bottom line astray in the return to. only real sense check out. the b r fighters want to start families to become farmers or engineers everyone of them as a plan for you sure. thing is just the children who have always been the boy. and those that will follow are part of a new process. they could be the future of. granting opportunities for global news that matters d. w.

made from minds. how does tom taste it. w. correspondent. and host to. explore the various flavors of lives on a freezing. fusion and why i am a challenge for you. tasty tied to. start september 1st on g.w. . frank food. international gateway to the best. road and rail. located in the heart of europe connected to the whole world. experience outstanding shopping and dining offers and trying our services. biala gassed at frankfurt

airport city managed by from. this is the w. news live from orlando europe's top human rights court rebukes rush over the death of the anti fraud campaigner sergey magnitsky the court said that his treatment in prison led to his death in 2009 so what if any food. be the consequences for moscow . also coming up president says that he won't accept an offer of aid to help fight

fires in the amazon the last french president tonight he will not crown apologizes for his quote insults.