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Philips

Philips cuts 6,000 more jobs after sleep device recall

THE HAGUE: Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after...

Published 30 Jan, 2023 01:15pm

Business & Finance

FDA says faulty Philips device reports accelerating as CEO departs

AMSTERDAM: The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea...

Published 17 Aug, 2022 10:41pm

Business & Finance

Ventilator recall and profit warning double whammy slam Philips

AMSTERDAM: Shares in Philips plunged 15% on Wednesday, their worst intra-day drop in over 20 years, after the Dutch...

Published 17 Jan, 2022 07:06am

Business & Finance

Philips faces fresh hit from toxic foam recall

THE HAGUE: Dutch electronics giant Philips said Wednesday it has set aside a further 225 million euros for a recall...

Published 12 Jan, 2022 05:04pm

Business & Finance

Philips takes fresh hit from safety recall

THE HAGUE: Dutch electronics firm Philips said on Monday that sales had taken a fresh hit from a recall of faulty...

Published 25 Oct, 2021 05:35am

Business & Finance

Philips takes fresh hit from safety recall

THE HAGUE: Dutch electronics firm Philips said on Monday that sales had taken a fresh hit from a recall of faulty...

Published 18 Oct, 2021 03:00pm

Markets

Philips shares hit 10-month low on respiratory device concerns

Quarterly core profit 532 million euros vs f'cast 519 million
Announces 1.5 billion euro share buyback
Shares down more than 6%, hit lowest in 10 months

Updated 26 Jul, 2021 06:48pm

Pakistan

Avenues of cooperation discussed to develop healthcare system of country

He stated that our focus is on cost efficient product development especially in the field of healthcare.

Published 20 May, 2021 06:02pm

World

Philips sees hit from product safety fault

THE HAGUE: Dutch firm Philips said Monday it anticipates a hit of up to 250 million euros ($302 million) from a...

Updated 27 Apr, 2021 10:08am

Business & Finance

Philips sees hit from product safety fault

The firm said it was talking to regulators about the problem, which mainly affects first generation DreamStation products, and "initiating appropriate actions to mitigate these possible risks."

Published 26 Apr, 2021 11:27am

Business & Finance

Philips selling home appliance arm to Asian investment firm

THE HAGUE: Dutch firm Philips announced the sale of its home appliances business to Asian investment firm Hillhouse...

Published 29 Mar, 2021 06:05am

Business & Finance

Philips selling home appliance arm to Asian investment firm

Philips said in January 2020 that it would sell off its home appliance arm over the following year and a half.

Published 25 Mar, 2021 04:27pm

Business & Finance

Philips sees 'uncertainty' due to Covid in 2021

Philips said net income in the fourth quarter of 2020 rose 9.17 percent year-on-year to 607 million euros.

Published 25 Jan, 2021 05:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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