Philips Transforms Company to Lighting, Health Care

Jan. 29 (Bloomberg) -- Bloomberg's Manus Cranny reports that Royal Philips Electronics NV agreed to sell its DVD and music-player business as a revamp to focus on lighting and health-care products helped profit to beat analysts’ estimates. He speaks on Bloomberg Television's "On The Move."

Draghi Says Firmly Convinced of Need for ECB Support
17:38 - European Central Bank President Mario Draghi spoke about the need for continued monetary policy support for the Euro Area. Draghi's comments came as part of a hearing at European Parliament in Brussels. (Source: Bloomberg)
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