Marcus Webb 
U.S. import prices surged 1.9% in May, matching April’s gain, driven by soaring costs for plastics, air travel, and computer equipment, the Bureau of Labor Statistics reported June 16. The annual increase hit 6.7%, the steepest rise in nearly four…
President Donald Trump insists the Strait of Hormuz will fully reopen to global shipping by June 19, but European allies at the June 15 G7 summit in Evian-les-Bains, France, remain deeply skeptical. The dispute centers on conflicting accounts of an…
Benda is a Chinese motorcycle brand founded in 2016 in Hangzhou, Zhejiang Province, under the parent company Hangzhou Saturn Power Technology Co., Ltd. The operating entity registered with the Chinese government is Zhejiang Shiwu Motorcycle Co., Ltd. The brand name…
A tentative U.S.-Iran deal to reopen the Strait of Hormuz has started easing oil prices, but consumers won’t see immediate relief at the pump, grocery stores, or airports. Disruptions to oil, shipping, and fertilizer supply chains have driven up costs…
Global oil prices tumbled on June 15, 2026, after the United States and Iran reached a tentative agreement aimed at restoring the flow of crude through the Strait of Hormuz, a critical chokepoint for Asian oil imports. Brent crude, the…
Mercedes-AMG is launching its most aggressive product offensive in history, with more than 27 new models hitting the market over the next three years. The push includes six- and eight-cylinder internal combustion models, a new GT Black Series, and a…
BMW and SOLARWATT are set to launch a joint offering that integrates upcoming Neue Klasse electric vehicles into home energy networks. Announced following an expanded collaboration on smart energy and home charging solutions, the system positions the EV as an…
BMW is preparing to unveil the next-generation X5, which will feature a significant design departure: door handles integrated directly into the beltline. This marks the first series-production BMW to adopt this feature, though similar designs have been seen on models…
Mercedes-AMG has unleashed its latest fire-breathing V8 SUVs, the GLE 63 S 4MATIC+ and GLS 63 4MATIC+, packing a thoroughly reworked 4.0-litre twin-turbo V8 that still delivers 450 kW (612 PS) and 850 Nm of torque. The heart of both…
Zeon Corp. is moving ahead with plans to streamline its elastomers portfolio, confirming that production at its first emulsion styrene-butadiene rubber (ESBR) line will cease during the current fiscal year. The group has also ended the production of nitrile butadiene…