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L’Oreal sales rise on haircare boom and ‘lipstick effect’

By Dominique Patton PARIS, July 29 (Reuters) - The world's largest cosmetics company L'Oreal reported better-than-expected quarterly sales on Wednesday, boosted by strong demand for new hair products and mascaras. The Paris-based maker of CeraVe skincare, Maybelline make-up and Valentino perfume said sales for the three... Read More.

Rheinmetall Q2 profit beats forecasts as revenue jumps nearly 70%

BERLIN, July 29 (Reuters) - German defence contractor Rheinmetall reported a stronger-than-expected second-quarter operating profit on Wednesday as booming demand for military equipment helped drive a sharp increase in revenue across all business segments. Operating profit climbed to €562 million ($640 million), beating market expectations... Read More.