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Philips settles US sleep machine cases for $1.1bn - Business - THE HAGUE, Netherlands: Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal to settle US lawsuits over faulty sleep machines that...

Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1.1bn, causing shares to soar by more than a third on Monday morning.

Qatars nominal GDP forecast at $233.1bn this year and $246.1bn in 2025

Barclays has agreed to sell around $1.1bn of credit-card receivables in the US to Blackstone as it looks to reduce its risk-weighted assets and create additional lending capacity.

AstraZeneca said on Tuesday that it has agreed to buy Icosavax - a US-based clinical-stage biopharmaceutical company - for up to $1.1bn.

CRH lifted its earnings guidance on Tuesday and said it has agreed to buy a portfolio of cement and ready-mixed concrete assets in Texas from Martin Marietta Materials for $2.1bn.

Thermo Fisher Scientific has agreed to buy Swedish proteomics company Olink in a $3.1bn deal.

New Delhi [India], March 31 (ANI/ATK): IWG plc, the world leader in flexible workspaces and coworking including its Regus and Spaces brands and an unrivalled network of 3,345 buildings across 120 countries, issues its preliminary results for the twelve months ended 31 December 2022

Israels Defense Ministry has signed deals with the US to purchase a dozen Lockheed Martin-Sikorsky helicopters and two Boeing KC-46 refuelling planes, Israeli officials have said.

Total trade volume between Arab countries and Germany which stood at €36.1bn last year, and showed a decline of 18.5 percent compared to the previous year, needs to be revitalised to return to its pre-COVID levels, Qatar Chamber (QC) Chairman Sheikh Khalifa bin Jassim Al Thani has said.