Akzo Nobel NV News

British insurer Aviva PLC will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalising its flagging fortunes, a source close to the company told Reuters on Thursday.

PepsiCo Inc reported better-than-expected quarterly earnings on Thursday, as price increases helped margins and the company stood by its full-year forecast.

April 18, 2013 * Revenue down 7 percent, due to weak demand in Europe and divestments * Operating income at a 217 million as weaker end markets and production issues in the Specialty Chemicals value chain impacted results * Cash from operating activities improved a 298 million due to lower pension payments * Net income attributable to shareholders ... (more)

PPG Industries Inc. has acquired an architectural coatings business in a $1.05 billion deal, the second largest in the company's history.