Philips says U.S. deal will enable it to ramp up ventilator production

Philips says U.S. deal will enable it to ramp up ventilator production

FILE PHOTO: Dutch technology company Philips’ logo is seen at company headquarters in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier/File Photo AMSTERDAM (Reuters) – Dutch health technology company Philips (PHG.AS) said on Wednesday it struck a deal with the White House that will enable it to significantly ramp up its production of hospital ventilators as […]
Oil futures rise on hopes of production cuts

Oil futures rise on hopes of production cuts

NEW YORK (Reuters) – Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement, shrugging off bearish signals from surging U.S. crude inventories. Brent crude LCOc1 was up $1,...