PPG To Invest $11 Mln To Double Production Capacity Of Powder Coatings Plant In Mexico

PPG To Review Strategic Alternatives For Its Architectural Coatings Business In The U.S. And Canada

PPG Industries, Inc. (PPG), a global leader in paints, coatings, and specialty materials, announced Monday that it has engaged Goldman Sachs & Co. LLC as financial advisor to assist in a review of strategic alternatives for its architectural coatings business in the U.S. and Canada.

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PPG Boosts Q1 Adj. EPS Outlook

PPG Industries Inc. (PPG) announced Monday that first quarter 2023 adjusted earnings per share is now expected to be between $1.52 and $1.58, which exceeds the company's previously communicated guidance of $1.10 to $1.20.

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Asian Shares Mixed After US Tech Selloff

Asian stocks turned in a mixed performance on Monday as China's factory activity data painted a mixed picture of the world's second-largest economy and investor enthusiasm for artificial intelligence waned.

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China Manufacturing Activity Returns To Growth

China's manufacturing sector returned to growth in August as rising orders pushed up purchasing activity and unfinished business but firms remained cautious about hiring, survey data from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index posted 50.5 in August, up from 49.5 in July. A reading above 50.0 indicates expansion in the sector.

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European Economic News Preview: UK Mortgage Approvals, House Price Data Due

Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.

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European Shares Seen Mostly Higher As Trump's Tariffs Face Legal Hurdle

European stocks look set to open broadly higher on Monday, with trading volumes likely to remain thin due to the long Labour Day weekend in the United States.

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Sensex, Nifty Open Higher On Q1 GDP Data

Indian shares opened on a positive note on Monday as new data showed the Indian economy remains on a solid footing.

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Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,950.00 mark, with weakness in iron ore miners, energy, technology and financial stocks. Gold miners are the only bright spot.

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EURUSD	1.17242	GBPUSD	1.353	AUDUSD	0.65515
USDJPY	147.034	USDCAD	1.3744	USDCHF	0.79924