Stephanie Hamel

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Roy Jakobs, chief executive officer of Royal Philips NV, during an interview in London, UK, on Wednesday, Sept. 25, 2024. Jakobs took the reins of the century-old Dutch company in October 2022 as it was reeling from one of the biggest product recalls in the history of the medical-technology sector. Photographer: Hollie Adams/Bloomberg via Getty Images

Philips’ losses mount amid China slump and fallout from recall of faulty sleep machines

By Stephanie Hamel and AFP