Headlines January
Máxima Medical Center reports data breach patient data
The Máxima Medical Center in Eindhoven and Veldhoven reports that confidential patient data may have ended up in the wrong hands. The patients involved were immediately personally informed, the hospital reports on its website. In addition, the possible data breach was reported to the Dutch Data Protection Authority and to the Healthcare and Youth Inspectorate. The Máxima MC says that an anonymous reporter has obtained the data of a small group of patients.
Unclear how the leak started
"This reporter indicates that he/she has found an overview containing confidential data of patients who were in a department in MMC during a shift. It is currently not clear who is behind this anonymous report and how this document is in the hands. from the anonymous reporter," according to the statement on the website. It says protecting the privacy of its patients is its top priority and is investigating.
Source: https://nos.nl/artikel/2411492-maxima-medisch-centrum-meldt-datalek-patientengegevens
Albert Heijn drops two major international brands from its stores
Have a break, have a…snickers? Because of disagreements over prices, Dutch supermarket giant Albert Heijn (AH) will stop stocking Nestlé products.
Why does it matter? Well, because Nestlé is the largest food company in the world. Many of the brands that find their way into your shopping basket might as well be Nestlé products: from Pelligrino to Lion Cereal to Starbucks coffee — yup, all Nestlé. Luckily, the disagreement only includes a small number of Nestlé brands. Beyond Kitkat and Garden Gourmet (all veggies right now), Nescafé and Maggi also won’t be found on Albert Heijn shelves anytime soon.
Disagreement over price hikes
But why exactly is that? A spokesperson for Albert Heijn tells the NOS, that Nestlé demands price hikes above the 20% that is reasonable in the context of ongoing inflation. “We find this unacceptable for our clients,” says the spokesperson.
It’s also in Albert Heijn’s interest to stay competitive with other popular supermarket chains in the Netherlands, say, Jumbo or Lidl — and a price hike isn’t going to help them. Negotiations such as these take place annually with all of Albert Heijn’s trading partners.
Source: https://dutchreview.com/news/albert-heijn-drops-major-international-brands/
Worst trading day in years for Philips after new setbacks
Health company Philips has been hit hard on the stock market after the company warned of new setbacks. Shares of Philips fell more than 14 percent this morning. As a result, more than 4 billion euros in stock market value has evaporated. It is the stock's sharpest decline in nearly 13 years.
"The rapid revival of covid has a greater impact than we previously thought," said Philips CEO Frans van Houten. Costs for materials are rising and products are being delayed due to a lack of ships and containers. Hospitals are postponing the delivery of new equipment due to, among other things, staff shortages. In addition, Philips has lost an extra 225 million for the recall of potentially harmful apnea devices. The company will also adapt devices that are 5 to 10 years old in the near future.
crumble
Earlier, the company set aside 500 million euros for the recall, to modify devices up to 5 years old. In total, the operation will cost Philips for the time being 725 million euros. To put the amount in perspective: that amounts to 60 percent of net profit in 2020. In sleep apnea, a person stops breathing while sleeping. The machine that Philips sells ensures that breathing continues. The apnea devices were recalled because patients could inhale harmful foam particles and gases when used. The foam could crumble, especially if the machine was cleaned incorrectly and left in a hot and humid environment. That foam is now being replaced by silicone rubber, which is also used in baking molds, for example.
Lawsuits threaten
The extra money that Philips is setting aside is not only needed to repair more appliances, but also for more expensive parts. The prices of raw materials and parts are rising worldwide, causing the company to lose more money for the entire operation. The bill of the problems with the apnea devices can be even higher. In several countries , lawsuits are looming against the company, because it may have been aware of the risks of the devices before. Some users also say that they have suffered health problems from its use. Philips has not set aside money for those lawsuits. According to the company, these matters are still at an early stage.
setback
Philips announced that the company's turnover in the last quarter was 350 million euros lower than expected, at 4.9 billion euros. The profit is lower than a year earlier. The company will announce the exact figures for 2021 later this month.
Source: https://nos.nl/artikel/2412776-honderden-extra-miljoenen-van-philips-naar-herstel-apneu-apparaten
The Máxima Medical Center in Eindhoven and Veldhoven reports that confidential patient data may have ended up in the wrong hands. The patients involved were immediately personally informed, the hospital reports on its website. In addition, the possible data breach was reported to the Dutch Data Protection Authority and to the Healthcare and Youth Inspectorate. The Máxima MC says that an anonymous reporter has obtained the data of a small group of patients.
Unclear how the leak started
"This reporter indicates that he/she has found an overview containing confidential data of patients who were in a department in MMC during a shift. It is currently not clear who is behind this anonymous report and how this document is in the hands. from the anonymous reporter," according to the statement on the website. It says protecting the privacy of its patients is its top priority and is investigating.
Source: https://nos.nl/artikel/2411492-maxima-medisch-centrum-meldt-datalek-patientengegevens
Albert Heijn drops two major international brands from its stores
Have a break, have a…snickers? Because of disagreements over prices, Dutch supermarket giant Albert Heijn (AH) will stop stocking Nestlé products.
Why does it matter? Well, because Nestlé is the largest food company in the world. Many of the brands that find their way into your shopping basket might as well be Nestlé products: from Pelligrino to Lion Cereal to Starbucks coffee — yup, all Nestlé. Luckily, the disagreement only includes a small number of Nestlé brands. Beyond Kitkat and Garden Gourmet (all veggies right now), Nescafé and Maggi also won’t be found on Albert Heijn shelves anytime soon.
Disagreement over price hikes
But why exactly is that? A spokesperson for Albert Heijn tells the NOS, that Nestlé demands price hikes above the 20% that is reasonable in the context of ongoing inflation. “We find this unacceptable for our clients,” says the spokesperson.
It’s also in Albert Heijn’s interest to stay competitive with other popular supermarket chains in the Netherlands, say, Jumbo or Lidl — and a price hike isn’t going to help them. Negotiations such as these take place annually with all of Albert Heijn’s trading partners.
Source: https://dutchreview.com/news/albert-heijn-drops-major-international-brands/
Worst trading day in years for Philips after new setbacks
Health company Philips has been hit hard on the stock market after the company warned of new setbacks. Shares of Philips fell more than 14 percent this morning. As a result, more than 4 billion euros in stock market value has evaporated. It is the stock's sharpest decline in nearly 13 years.
"The rapid revival of covid has a greater impact than we previously thought," said Philips CEO Frans van Houten. Costs for materials are rising and products are being delayed due to a lack of ships and containers. Hospitals are postponing the delivery of new equipment due to, among other things, staff shortages. In addition, Philips has lost an extra 225 million for the recall of potentially harmful apnea devices. The company will also adapt devices that are 5 to 10 years old in the near future.
crumble
Earlier, the company set aside 500 million euros for the recall, to modify devices up to 5 years old. In total, the operation will cost Philips for the time being 725 million euros. To put the amount in perspective: that amounts to 60 percent of net profit in 2020. In sleep apnea, a person stops breathing while sleeping. The machine that Philips sells ensures that breathing continues. The apnea devices were recalled because patients could inhale harmful foam particles and gases when used. The foam could crumble, especially if the machine was cleaned incorrectly and left in a hot and humid environment. That foam is now being replaced by silicone rubber, which is also used in baking molds, for example.
Lawsuits threaten
The extra money that Philips is setting aside is not only needed to repair more appliances, but also for more expensive parts. The prices of raw materials and parts are rising worldwide, causing the company to lose more money for the entire operation. The bill of the problems with the apnea devices can be even higher. In several countries , lawsuits are looming against the company, because it may have been aware of the risks of the devices before. Some users also say that they have suffered health problems from its use. Philips has not set aside money for those lawsuits. According to the company, these matters are still at an early stage.
setback
Philips announced that the company's turnover in the last quarter was 350 million euros lower than expected, at 4.9 billion euros. The profit is lower than a year earlier. The company will announce the exact figures for 2021 later this month.
Source: https://nos.nl/artikel/2412776-honderden-extra-miljoenen-van-philips-naar-herstel-apneu-apparaten
Translated from Dutch to English with Google translate