Day: July 25, 2022

Latest CBDC Recommendations From the BIS, IMF, World Bank, US Treasury & Bank of Japan Mirror the Existing Structuring & Functionality of Webtel.mobi’s Fully-Operational TUVs

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WM’s TUVs are full Digital Currency and CBDC equivalents Existing Capacities & Functionality of Global Telco Webtel.mobi’s fully-operational TUV Digital Currency + CBDC equivalent mirrors all CBDC Requirements identified by the world’s foremost Macroeconomic & Financial Organizations. Indicates that potential worldwide adoption of the WM TUVs and Global Clearing System by Central Banks and other […]

Philips’ performance impacted by headwinds; order book strength and improving component supplies expected to deliver growth and profitability improvement from second half of 2022 onwards

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July 25, 2022 Highlights Group sales amounted to EUR 4.2 billion, with a 7% comparable sales decline mainly caused by continued supply shortages and prolonged lockdowns in China, on the back of 9% comparable sales growth in Q2 2021 Order book remains strong; comparable order intake increased 1% and includes a 5 percentage-points negative impact […]