Articles by Bart H. Meijer

Shell Says Landmark Court Ruling Obstructs Fight Against Climate Change

Shell on Tuesday told a Dutch court a 2021 order that it should drastically cut greenhouse gas emissions lacks a legal basis and risks obstructing the fight against climate change. In a landmark ruling that shocked the energy sector, a …

Philips’ US Sales of Sleep Apnea Devices Face Years-Long Halt After FDA Deal

Dutch health technology company Philips will not sell new devices to treat sleep apnea in the U.S. in the coming years as it works to comply with a settlement with the Food and Drug Administration (FDA) announced on Monday. The …

Update: Airlines Wrestle With Safety Risks of Evacuation Operations in Israel

Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM canceling flights while Air France was going ahead with a special flight chartered by the French foreign ministry. Norwegian Air said …

Airlines Face Israel Insurance Alert in Wake of Weekend Attacks

Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM canceling flights while sister airline Air France mounted a special relief flight chartered by the French foreign ministry. Airlines have faced warnings …

Philips Says Tests on Recalled Respiratory Devices Show Limited Health Risks

AMSTERDAM — Dutch health technology company Philips said on Wednesday independent tests on its respiratory devices involved in a major global recall had shown limited health risks. The company rocked investors last year by recalling millions of breathing devices and …

FDA Says Faulty Philips Device Reports Accelerating as CEO Departs

The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company, which has just announced plans to replace its CEO. Philips says …

Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil

THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it was “disappointed” …

Shell Faces Climate Change Lawsuit in Dutch Court

AMSTERDAM – Environmental activists took Royal Dutch Shell to court on Tuesday, demanding the energy firm drastically reduce the production of oil and gas to limit its effects on climate change. Seven activist groups, including Greenpeace and Friends of the …

Activist Hedge Fund Elliott Investment Builds Stake in Dutch Insurer NN Group

Elliott Investment Management, U.S. billionaire Paul Singer’s activist hedge fund firm, has built up a 3.04% stake in Dutch insurer NN Group, a filing by the Dutch financial regulator AFM showed on Thursday. Elliott’s move sent NN Group shares up …