financial settlements

Latest news and articles about financial settlements from NEX English

U.S. Court Rules Against Purdue Pharma in Opioid Case

A U.S. court has ruled against Purdue Pharma, known for producing oxycodone, in an opioid-related case. This ruling facilitates the flow of funds designated for settlements, marking a significant step in combating the opioid crisis affecting the United States.

Record Rise in Chinese Yuan Settlements Amid Middle East Tensions

Chinese yuan settlements have reached a record high due to escalating tensions in the Middle East, reflecting a growing demand for yuan transactions, particularly in oil trade. This development is a result of China's ongoing efforts to enhance its financial infrastructure and expand its global transaction network.