Philips

Embattled Dutch medical tech maker Philips said yesterday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.

Chief Executive Roy Jakobs announced the "difficult, but necessary further reduction of our workforce" by 2025, which comes just three months after it announced another 4,000 cuts.

Conductor Ion Marin was presented today with the French Chevalier of the Order of Arts and Letters "for his immense career, for his tireless friendship for France, for the constant connection he has established" between France and Romania, as French ambassador in Bucharest Laurence Auer said at the award ceremony.

The Dutch electronic giant Philips has repeatedly weakened the encryption standard fof devices that were intended to communicate securely and the watered-down equipment was provided to Turkey, a former company official told Vpro

Thousands of guests from all the counties of Romania and the Republic of Moldova on Friday attended a traditional garden party at Elisabeta Palace in spite of the rain, alongside Custodian of the Romanian Crown Margareta, Prince Radu, Princess Elena, Alexander Philips Nixon, Princess Sofia and Princess Maria.

Yes, there is such thing as the light bulb conspiracy and it is probably true, in some way. Apparently, nothing is spared from the “all-seeing” eyes of the conspiracy theorists, not even the glowing light of incandescent light bulbs.

Dutch food and cosmetics giant Unilever will begin operations in Cuba in 2017 after communist officials authorized a joint venture with state firm Intersuchel, they said on Jan. 11.

ABB Bulgaria employed 400 new people over the past year and is planning to hire additional 200 employees by the end of 2015 at its second production plant in the town of Rakovski.

This was announced by representatives of the company on Thursday at a press conference on the occasion of the first anniversary since the opening of the second factory in Rakovski.

A set of 12 gold-plated animal head sculptures by China's Ai Weiwei sold for 2.8 million ($4.3 million, 3.8 million euros) at auction on Feb. 12, setting a new record for the dissident artist's work.
      
The 2010 work "Circle of Animals/Zodiac Heads" led a contemporary art sale by auction house Philips in London.