Industrials

Philips sheds home appliances to sharpen health focus

Philips will complete its transformation to a health technology business with the sale of its domestic appliances division, which no longer fits with the company's range of hospital equipment and personal health products.

Rust Belt region banks on electric vehicles

The region is embarking on an ambitious plan to become a research and production hub for electric vehicles and carve out a new economy for itself by mixing its industrial past with emerging technology.