Philips takes fresh hit from safety recall
Dutch electronics firm Philips said on Monday that sales had taken a fresh hit from a recall of faulty sleep and respiratory care equipment and from supply chain issues.
Oct 18, 2021
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News tagged with euro
Business
French cloud computing IPO mints Europe's latest tech billionaire
French cloud computing group OVHcloud made its debut on the Paris stock market Friday, turning its Polish-born founder, Octave Klaba, into Europe's newest tech billionaire.
Oct 15, 2021
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Business
Uber ordered to pay taxi drivers damages in France
A French court on Friday ordered ride-hailing service Uber to pay damages to taxi drivers whose business suffered from unlicensed competitors.
Sep 10, 2021
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Automotive
Chip shortage 'likely' to hit second half, BMW predicts
German car giant BMW posted record profit of 4.8 billion euros for the second quarter on Tuesday, but warned the second half of the year would "likely" be affected by semiconductor shortages.
Aug 03, 2021
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Business
Air France-KLM sees 'first signs of recovery'
Air France-KLM said Friday that it narrowed its loss in the second quarter and saw the "first signs of recovery" in the aviation sector as countries ease coronavirus restrictions and vaccination campaigns continue apace.
Jul 30, 2021
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Philips takes profit hit from product safety fault
Dutch electronics giant Philips said Monday sales were up for the second quarter, but that profits took a hit from a recall of faulty sleep and respiratory care equipment.
Jul 26, 2021
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Business
ECB inches closer to 'digital euro'
The European Central Bank inched closer to a "digital euro" on Wednesday with the formal launch of a pilot project, but questions remain about potential pitfalls and benefits for eurozone citizens.
Jul 14, 2021
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Automotive
Spain aims EU funds for boost to electric car industry
The Spanish government will invest 4.3 billion euros ($5.1 billion) from its share of European pandemic recovery funds to revamp its automobile industry and steer it toward manufacturing electric vehicles and their components, ...
Jul 12, 2021
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Automotive
Mitsubishi says paid 25 million euro Dieselgate fine
Japanese automaker Mitsubishi Motors confirmed Monday it paid a 25 million euro fine issued by German prosecutors over emissions fraud allegations earlier this year.
Jul 12, 2021
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4
Automotive
French carmaker Citroen charged in 'dieselgate' scandal
Citroen became on Thursday the fourth automaker to reveal this week that it has been charged in France in connection with the "dieselgate" emissions cheating scandal.
Jun 10, 2021
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