Tag: Phillips

• Thursday, July 5th 2018 - 08:35 UTC

  Brazil Investigation into medical equipment fraud; top GE official arrested

  

  Brazilian police arrested a senior General Electric Co executive on Wednesday, as part of a sprawling investigation into fraud in medical equipment tenders overseen by health authorities in the state of Rio de Janeiro, police and prosecutors said.

• Wednesday, April 20th 2011 - 01:15 UTC

  Phillips diversifies and cedes control of its 80 year old television unit

  

  Royal Philips Electronics from the Netherlands will cede control of its 80-year-old television unit to an Asian contract manufacturer, joining European conglomerates including Siemens AG scaling back consumer electronics as prices decline.