-
Oil slides, gold loses lustre as Iran threat recedes
-
Russian captain found guilty in fatal North Sea crash
-
Disney earnings boosted by theme parks, as CEO handover nears
-
Sri Lanka drop Test captain De Silva from T20 World Cup squad
-
France demands 1.7 bn euros in payroll taxes from Uber: media report
-
EU will struggle to secure key raw materials supply, warns report
-
France poised to adopt 2026 budget after months of tense talks
-
Latest Epstein file dump rocks UK royals, politics
-
Arteta seeks Arsenal reinforcement for injured Merino
-
Russia uses sport to 'whitewash' its aggression, says Ukraine minister
-
Chile officially backs Bachelet candidacy for UN top job
-
European stocks rise as oil tumbles, while tech worries weigh on New York
-
England captain Itoje on bench for Six Nations opener against Wales
-
Rahm says golfers should be 'free' to play where they want after LIV defections
-
More baby milk recalls in France after new toxin rules
-
Rosenior will not rush Estevao return from Brazil
-
Mercedes ready to win F1 world title, says Russell
-
Germany hit by nationwide public transport strike
-
Barca coach Flick 'not happy' with Raphinha thigh strain
-
WHO chief says turmoil creates chance for reset
-
European stocks rise as gold, oil prices tumble
-
Rink issues resolved, NHL stars chase Olympic gold at Milan
-
S. Korea celebrates breakthrough K-pop Grammy win for 'Golden'
-
Rodri rages that officials 'don't want' Man City to win
-
Gaza's Rafah crossing makes limited reopening after two-year war
-
African players in Europe: Ouattara dents Villa title hopes
-
Liverpool beat Chelsea to Rennes defender Jacquet - reports
-
S. Korea celebrates breakthrough Grammy win for K-pop's 'Golden'
-
Trump says US talking deal with 'highest people' in Cuba
-
Trump threatens legal action against Grammy host over Epstein comment
-
Olympic Games in northern Italy have German twist
-
Bad Bunny: the Puerto Rican phenom on top of the music world
-
Snapchat blocks 415,000 underage accounts in Australia
-
At Grammys, 'ICE out' message loud and clear
-
Dalai Lama's 'gratitude' at first Grammy win
-
Bad Bunny makes Grammys history with Album of the Year win
-
Stocks, oil, precious metals plunge on volatile start to the week
-
Steven Spielberg earns coveted EGOT status with Grammy win
-
Knicks boost win streak to six by beating LeBron's Lakers
-
Kendrick Lamar, Bad Bunny, Lady Gaga triumph at Grammys
-
Japan says rare earth found in sediment retrieved on deep-sea mission
-
San Siro prepares for last dance with Winter Olympics' opening ceremony
-
France great Benazzi relishing 'genius' Dupont's Six Nations return
-
Grammy red carpet: black and white, barely there and no ICE
-
Oil tumbles on Iran hopes, precious metals hit by stronger dollar
-
South Korea football bosses in talks to avert Women's Asian Cup boycott
-
Level playing field? Tech at forefront of US immigration fight
-
British singer Olivia Dean wins Best New Artist Grammy
-
Hatred of losing drives relentless Alcaraz to tennis history
-
Kendrick Lamar, Bad Bunny, Lady Gaga win early at Grammys
| RBGPF | 0.12% | 82.5 | $ | |
| SCS | 0.12% | 16.14 | $ | |
| RYCEF | 4.19% | 16.7 | $ | |
| AZN | 0.84% | 192.06 | $ | |
| CMSC | -0.17% | 23.71 | $ | |
| BTI | 0.25% | 60.845 | $ | |
| GSK | 1.84% | 52.58 | $ | |
| RELX | -0.52% | 35.62 | $ | |
| RIO | 1.75% | 92.705 | $ | |
| BCC | 1.94% | 82.425 | $ | |
| NGG | -0.12% | 85.16 | $ | |
| BCE | 0.1% | 25.871 | $ | |
| CMSD | -0.03% | 24.092 | $ | |
| VOD | 1.51% | 14.875 | $ | |
| JRI | 0.48% | 13.14 | $ | |
| BP | -0.22% | 37.795 | $ |
South Korean health insurer loses appeal against tobacco companies
South Korea's state health insurer lost an appeal on Thursday in its lawsuit seeking damages from the country's three largest tobacco companies over their alleged responsibility for smoking-related harms.
The case brought by the South Korean National Health Insurance Service (NHIS) sought to hold tobacco companies "socially accountable for the harms caused by smoking".
It also aimed to "prevent leakage in the national health insurance finances while promoting public health", the NHIS said.
The suit targeted the country's three largest tobacco firms, including giants British American Tobacco and Philip Morris Korea, and was valued at 53.3 billion won ($36.2 million).
It covers 3,465 patients who smoked for at least three decades and were diagnosed with related cancers, including lung cancer, for whom the NHIS paid out medical benefits.
Ninety percent of the patients have already died.
In the first hearing, filed in 2014, the court sided with the tobacco companies, saying the NHIS was obliged to pay medical benefits under the law even if it led to financial losses.
Proving a causal link between smoking and the patients' diseases would require additional evidence showing that other risk factors, such as lifestyle and other health conditions, were not present, it added.
In an appellate trial on Thursday, the court again ruled in favour of the tobacco companies.
President of the NHIS Jung Ki-suck told reporters that the ruling was "deeply disappointing" but said he believed "the truth will one day be recognised".
"I think tobacco companies are hit-and-run offenders. A car caused a traffic accident. Many people were injured and killed. But the driver fled the scene," he said after the verdict.
"In my view, that car driver is cigarettes, and the companies that sell them."
Smoking rates in South Korea have fallen over the past decade, with about one-fifth of the population now reporting that they smoke, according to the NHIS.
C.Meier--BTB