Akzo Nobel (AKZA NA) announced price increases ranging from mid-single digits to low-teens; says these actions will, based on market conditions, fully offset raw material and logistics inflation; will implement further increases if conditions worsen
Akzo Nobel's announcement of price increases is aimed at mitigating the impact of anticipated high raw material inflation.
ABB (ABBN SW) CEO sees no signs of slowing demand for data centres
[ANALYSIS] Iranian War Day 54: Ceasefire extended as talks stall and blockade remains in force
Akzo Nobel (AKZA NA) announced price increases ranging from mid-single digits to low-teens; says these actions will, based on market conditions, fully offset raw material and logistics inflation; will implement further increases if conditions worsen
European Movers: ASM International (ASM NA) +7.8%, ABB (ABBN SW) +6.0%, AkzoNobel (AKZA NA) +5.0%, Danone (BN FP) +1.8%, Ferrexpo (FXPO LN) -7.0%, Reckitt (RKT LN) -6.0%, Moncler (MONC IM) -3.0%, JD Sports (JD/ LN) -2.3%
Ford (F) is recalling 140.2k vehicles within the US, NHTSA reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Expects high-teens raw material inflation for the remainder of the year, driven by Middle East tensions.
This strategic move suggests the company is preparing for a challenging inflationary environment, which could have broader implications for margins in the specialty chemicals sector. Traders should watch for how this price action affects both Akzo's competitive positioning and potential ripple effects across peers in the chemicals space.
Related headlines
- Newsquawk Daily European Equity Opening News - 9th September 202614 hours ago
- Newsqawk European Market Wrap - 9th September 20265 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 6 hours ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure7 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture8 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war16 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results13 hours ago
- Additional European Equity News - 9th September 202613 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened10 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight3 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports7 hours ago
- US BROKER MOVES: TMO upgraded at UBS; VMC downgraded at Wells Fargo7 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent10 hours ago
- Crystler (STLAM IM/STLAP FP) files to recall over 200k US vehicles12 hours ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%12 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL1 hour ago
- Swiss Government has banned the purchase and import of gold originating in Sudan4 hours ago
- [MARKET UPDATE]: Yields rise, supporting the Dollar, weighing on stocks and spot gold after US Treasury announces it will buy a maximum USD 6bln in 10-20yr liquidity support buyback op. on Thursday4 hours ago
- Silver Lake is reportedly to merge Cegid and Silae to form a European Co. selling accounting, HR and enterprise services, FT reports citing sources9 hours ago
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners11 hours ago
The whole workspace, free to try.
Try it free