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Cyclical Consumer Goods

UPDATE 1-Covestro confirms 2019 outlook despite cooling economy

July 24 German chemicals maker Covestro AG confirmed its full-year core profit outlook on Wednesday, saying it met its second-quarter targets despite challenging global economic conditions, competitive pressures and weakness in the automotive industry.

11:12am IST

PSA Group profit jumps on pricing, Opel synergies

PARIS, July 24 French carmaker PSA Group delivered a sharp increase in first-half profit, as new models and the integration of Opel-Vauxhall more than made up for weaker emerging-market sales.

11:08am IST

UPDATE 1-Akzo Nobel Q2 core profit surges 36% on higher prices

AMSTERDAM, July 24 Dutch paints and coatings maker Akzo Nobel reported a better-than-expected 36% jump in second-quarter core profit on Wednesday, as higher prices and cost savings offset raw material inflation.

11:07am IST

Skinny wolves, sick bear: Pakistan officials wrangle over zoo

ISLAMABAD, July 24 An emaciated wolf rested its head on a block of ice, seeking relief from stifling heat in a zoo in Pakistan's capital, while another gazed at a family enjoying an afternoon picnic as an elephant swayed its head nearby.

10:43am IST

Akzo Nobel's Q2 core profit surges 36%, beats estimates

AMSTERDAM, July 24 Dutch paints and coatings maker Akzo Nobel on Wednesday reported a better-than-expected 36% jump in second-quarter core profit to 305 million euros ($339.9 million), as higher prices and cost savings offset raw material inflation.

10:38am IST
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