Philips’ spotlight on €103m loss as technology giant releases disappointing results Technology giant Philips released disappointing third quarter results yesterday, showing a net loss of €103m (£103.76m), compared to a net income of €281m in 2013’s third quarter. “We are not satisfied with our overall performance in the third quarter,” chief executive Frans van Houten said. He went on to cite market softness and a jury [...]
HS2 names trio of infrastructure stalwarts to company board: Christine Emmett, Neil Masom and Baroness Jo Valentine HS2 has taken another step towards construction after three new non-executive directors were appointed to the board. Christine Emmett, Neil Masom and Baroness Jo Valentine have all been appointed by secretary of Transport Patrick McLoughlin. “Jo, Christine and Neil, working with the existing members of the board, will bring the cumulative experience we need for [...]