A UK lawsuit takes aim at Johnson's baby powder. Hello, this is the Marketplace Morning Report, and we are live from the BBC World Service. I'm Leanna Byrne. Good morning. More than 1,900 people in the UK are taking legal action against the manufacturer of Johnson's baby powder, claiming repeated use causes their cancers.

Lawyers bringing the legal claim say Johnson and Johnson's talcum powder contained traces of asbestos, which is known to cause cancer. It's the first time litigation has been brought against the company outside of the United States, where it has been sued repeatedly. Johnson and Johnson denies any link between its product and cancer. The BBC's Charlie

Hines reports. The women believe Johnson's talcum powder, which they say contained asbestos, played a part

in their cancer. Their lawyers alleged Johnson and Johnson knew about the possible contamination

decades ago, but didn't act on it. The firm has paid out or set aside at least $13 billion in response to cases

in the US, but this is a legal first in the UK. It began using cornstarch rather than mineral

talc last year, citing commercial pressures due to what it called misinformation. The firm

denies the allegations which it says ignore the facts and insists it takes product safety incredibly seriously.

Charlie Hines there. Now let's do the numbers.

Just a day after Eurozone inflation hit 2%.

The UK's rate surged to 2.3% in October, driven by higher energy costs.

Meanwhile in Japan, shares of 7-11 owner 7-9 Holdings

jumped 8% on rumours. The founding Ito family may take the company private.

Saudi Arabia's multi-billion dollar public investment fund, which is behind big projects in real estate,

soccer and golf is under fire. Human Rights Watch has accused

the kingdom and its de facto ruler of using the fund to bankroll vanity projects linked to

human rights abuses. A report called The Man Who Bought the World claims Crown Prince Mohammed bin Salman

has taken unchecked control of the fund. The BBC's Caroline Hawley reports. The Saudi sovereign wealth fund is

worth nearly a trillion dollars and has investments around the globe. At home, Human Rights Watch

says it's used its capital for projects that have led to forced evictions, including a luxury

shopping and tourism district in Jeddah, and Neom, the futuristic development in the desert.

The group also says it found documents showing that a company transferred to the PIF owned two

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