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Philips says settles US claims over respirator recall
Philips says settles US claims over respirator recall
Business and Economy
by  AFP

Philips said Thursday it had clinched a deal in the United States to settle claims related to a recall of sleep respirators that rocked the Dutch medical tech firm. Philips had previously announced in May that independent tests showed the sleep respirators at the centre of the massive recall were "unlikely" to harm patients.

UK rail firm admits failings over fatal rail crash
UK rail firm admits failings over fatal rail crash
Business and Economy
by  AFP

The company that owns and manages UK rail infrastructure on Thursday admitted health and safety breaches after a train derailment that killed three people in northeast Scotland. Network Rail -- an arm of the UK Department for Transport -- pleaded guilty to safety failings at a court hearing in Aberdeen.