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British court spares Shell in climate case
British court spares Shell in climate case
by  AFP

A British court dismissed a lawsuit that accused Shell's leadership of mismanaging climate risks to the oil giant on Monday, but the activist investor group that brought it plans to appeal. ClientEarth said it was disappointed by the dismissal and plans to appeal.

Philips sales jump, bounces back from respirator recall
Philips sales jump, bounces back from respirator recall
by  AFP

Dutch medical tech firm Philips posted a nine percent jump in second-quarter sales and a return to profit on Monday as it bounces back from a global recall of sleep respirators. The medical device maker in 2021 announced a major recall of its DreamStation machines for sleep apnoea, a disorder in which breathing stops and starts during sleep.

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