Page 162 - Philips News Today

While it may be late January, rainfall levels are three times that of what usual winters bring the across Hamilton-Niagara region.

MARKET WRAPS Watch For: No major economic events expected; trading updates from Philips, Ryanair Holdings, Galp Energia Opening Call: Shares are poised to open lower in Europe on...

The Delhi High Court has upheld the constitutional validity of anti-profiteering provisions under the Goods and Services Tax (GST) framework. Over 50 top companies, including Hindustan Unilever, Abbott, Johnson & Johnson, and Nestle, had challenged these measures. The court stated that the provisions are a consumer welfare measure and do not violate constitutional provisions.

European markets open mixed on a busy week for earnings, central bank announcements and data.

Philips Delivers Strong Full-year results; Agrees with FDA on Terms of Consent Decree Focused on Philips Respironics in the US

Philips reaches deal, suspends sleep apnea machine sales in US

Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported Monday that its fourth-quarter income from operations was 24 million euros, including charges of 363 million euros connected with the Respironics consent decree, which has been agreed with the US Department of Justice or DOJ, representing the US Food and Drug Administration.

European equities started the week on a subdued note, after hitting two-year highs in the previous session, as losses in financial stocks partially outweighed strong gains in the energy sector. ...

Philips said it took a €363 million provision in the fourth quarter to linked to an agreement with the FDA over the recall in the U.S. of its ventilators.

Philips on Monday said it will halt the sales of new sleep-therapy devices in the U.S., as part of a broader settlement that led the company to take a €363...