Philips profits fall 32.9% in second quarter
Dutch electronics giant Philips Monday
The Hague - Egypt Today
Dutch electronics giant Philips Monday posted a 32.9 percent fall in second quarter profits, hit mainly by the costs of spinning off its lighting business last year.
Net income dropped to 289 million euros from 431 over the same period in 2016 "due to lower income from discontinued operations, and higher structuring and acquisition-related charges," the Amsterdam-based company said.
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Unilever selling magarines for 6.8 bn euros to US giant KKRRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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