Latest News

Philips stops selling sleep devices in US amid recall woes
Philips stops selling sleep devices in US amid recall woes
Economy
by  AFP

Under-fire Dutch medical device maker Philips said Monday it would halt new sales of sleep machines in the United States after a series of recalls that continued to weigh on results. "Until the relevant requirements of the consent decree are met, Philips Respironics will not sell new... sleep therapy devices or other respiratory care devices in the US," the company said.

Italy unveils energy, migration plan to African leaders
Italy unveils energy, migration plan to African leaders
Economy
by  AFP

African leaders gathered at a Rome summit Monday where Prime Minister Giorgia Meloni will unveil her much-hyped plan for the continent, aimed at transforming Italy into an energy hub and stopping migration. - Pilot schemes - Meloni has said the plan is to start with a series of pilot schemes with the aim of then extending them across the continent.

Cement giant Holcim's shares soar after N. America spinoff news
Cement giant Holcim's shares soar after N. America spinoff news
Economy
by  AFP

Shares in Swiss construction giant Holcim surged on Monday after it announced plans to fully spin off its North America business. The hike came a day after the company announced plans to list its North American business in the United States during the first half of 2025 "with full capital market separation".