Bloomberg Royal Philips NV’s efforts to revamp supply chains to mitigate the impact of the US-China trade dispute are paying off, with the Dutch health-care company reporting better-than-estimated profit. The maker of scanners and diagnostic gear needs China as state-owned facilities invest in the latest equipment and a private healthcare sector emerges. Demand there drove a double-digit increase in orders ...

Bloomberg Iran, locked in a worsening political standoff with Western powers, has handed down death sentences to several nationals accused of being part of a CIA-trained spy network uncovered earlier this year, an official said on Monday. Seventeen people were arrested in all, a senior intelligence official told foreign media in Tehran. None of the suspects are dual nationals, according ...

Bloomberg A car bombing by al-Qaeda-linked militants killed at least seven people in Somalia’s capital, Mogadishu, a police officer said. At least nine others were wounded in the blast near a police checkpoint and hotel in the city’s K4 neighbourhood, officer Ilkase Abdi said by phone from the scene. Al-Shabaab took responsibility for the attack in a statement to Radio ...