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DowDuPont was established in 2017 after the merger of Dow Chemical and Du Pont, and became the largest chemical company in the world. In the third quarter, its sales increased by 10% to $20 billion 100 million, helped by growing demand for chemicals used in cosmetics, packaging materials and paints. The material science division increased its quarterly sales by 13% to 12 billion 400 million dollars, which was the largest contribution to DowDuPont's total revenue. The company increased its quarterly adjusted earnings per share by 35% to 74 cents. It informed about the intention in the next 5 years to perform repurchase of stock worth $3 billion.
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
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