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Despite US Slowdown, Philips Profits Nearly Double (E-Commerce Times)

Royal Philips Electronics strengthened its lighting and energy business while tapping into emerging world markets to offset big losses in the United States, according to its fourth-quarter earnings report released on Monday. Philips’ net profits grew quarter-over-quarter from about $982 million to $2.01 billion even as its sales numbers remained relatively constant.

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Planning a golf trip to Royal Portrush? Stay at the luxurious Dunluce Lodge, which has its very own spa, putting green and was also home to Rory McIlroy during the 2025 Open Championship

Nestled in an alcove of pine trees just off the fairway on the fourth hole …

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