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Business

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Business

  • Belgian chemical group Solvay will buy U.S. peer Cytec for $5.5 billion to boost its presence in lightweight composites for planes and cars.

  • An employee polishes a new Citroen C1 automobile in the showroom of a PSA Peugeot Citroen dealership in Rodez, France.

    PSA Peugeot Citroen posted positive first-half net income for the first time in four years, meeting most of its recovery goals early.

  • The CEO of German drugmaker Bayer has quashed any talk of acquiring Syngenta, which is being pursued by U.S. firm Monsanto.

  • Brussels is targeting Disneyland Paris for allegedly overcharging some customers on the basis of where they live, the FT reports.

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