Carrefour raises cost savings goal as first-half core profits rise

French supermarket retailer Carrefouron Tuesday raised its cost savings goal under its strategic overhaul plan as Europe's largest retailer delivered cost cuts of 480 million euros (436 million pounds) in the first half of 2020.Carrefour said group operating profits rose 29.1% at constant exchange rates from the same period last year to 718 million euros.Carrefour said it was now targeting cost savings of 3.0 billion euros on an annual basis by the end of 2020 against a previous target of 2.8 bi