CRH chief executive Albert Manifold: “Assuming normal weather patterns” and other factors, the group expects earnings in the second half of this year to be ahead of those of the same period in 2013. Photograph: Eric Luke

Chief executive of CRH Albert Manifold was upbeat about the group’s results for the first six months of this year, with the clear message that the foc(...)

A Carlsberg flag flies outside the brewing group’s headquarters in Copenhagen, Denmark, yesterday. Carlsberg, Russia’s biggest brewer, cut its full-year forecasts for revenue and earnings even as quarterly profit beat estimates, causing the shares to slump 3.6 percent. Photograph: Freya Ingrid Morales/Bloomberg

Trading was relatively flat across most of Europe following two consecutive days of gains. In the US, stocks rose to within five points of an all-t(...)

CRH chief executive Albert Manifold: earnings rise a reflection of adjustments made to the group’s business during economic crisis. Photograph: Eric Luke

The interim results for the first half of this year released yesterday by CRH show its sales revenue increased by 4 per cent when compared with the(...)

CRH chief executive Albert Manifold. The building materials company’s shares finished down 1.8 per cent at the close yesterday, following the release of the company’s half-yearly figures. Photographer: Chris Ratcliffe/Bloomberg

Both European and US stocks made gains yesterday, with Ireland and Iceland the only western countries not to record a positive day’s trading while (...)

Albert Manifold, CRH CEO, said he expects second-half group earnings to be “somewhat ahead” of last year’s €1.08 billion, “assuming normal weather patterns and no major market dislocations”.  Photograph: Eric Luke / The Irish Times

CRH overturned a first half loss in 2013 to report pre-tax profit of €61 million in the six months to June 30th 2014, as the construction giant benefi(...)

The cement industry in China is getting dangerously close to a glut.  Photograph: Bloomberg

These are hard times for China’s cement industry. Last week, the government issued a decree ordering officials to halt the development of new cement a(...)

Carlsberg: results on Wednesday
For your diary

TODAY Results: Amlin; Bovis Homes; Fastnet Oil & Gas. Indicators: Euro zone trade balance (June). TOMORROW Results: BHP Billiton; Cairn Energy; C(...)

In Europe, stocks rose to their highest levels in a week, although Ireland lagged slightly behind the trend

A global gauge of stock markets rose as investors were cautiously optimistic about a possible de-escalation of the conflict in the Russia-Ukraine b(...)

Companies including Haci Omer Sabanci Holding, Limak Holding and Oyak Cement Group are said to be interested in the cement unit, in which CRH holds a 50 per cent stake.

CRH and its Turkish partner Eren Holding have hired JPMorgan Chase to help sell their cement joint venture in Turkey. Companies including Haci Omer Sa(...)

A trader watches his screen on the floor of the New York Stock Exchange yesterday. US stocks fluctuated, after the Standard and Poor’s 500 Index produced its biggest two-day gain since April, as investors watched geopolitical developments and energy shares sank. Photograph: Reuters

Both European and US stocks fell with the euro amid concern over conflicts in Ukraine and the Middle East. German investor confidence, reported by the(...)