Sofía Martínez Chinese tire giant Zhongce Rubber Group (ZC Rubber) has posted year-on-year growth in both sales and profits for the first half of 2026, driven by aggressive overseas expansion and sustained order demand. The Hangzhou-based company reported operating revenue of Yuan23.5…
The United States is poised to slash tariffs on certain Canadian steel and aluminum imports from 50% to 25% under a tentative trade deal currently being negotiated, according to multiple reports citing people familiar with the matter. The proposed reduction,…
Lowe’s has dramatically lowered its full-year outlook, now predicting flat comparable sales for the fiscal year after second-quarter comparable sales rose just 0.2% and missed Wall Street estimates. The retailer’s weaker-than-expected performance reflects a persistently soft housing market, where high…
Amazon announced on August 19, 2026, that it will expand its Prime Air drone delivery service to suburban areas in nearly 500 U.S. cities by the end of the year, offering eligible customers deliveries in as fast as 30 minutes.…
Thailand’s Sri Trang Group swung back into the black in the second quarter of 2026, posting a net profit of THB895 million (€23.4 million) versus a THB786.8 million loss in the same period a year earlier. For the first half…
North Carolina has permanently legalized the deployment of Automated License Plate Readers (ALPRs) across nearly every state-maintained road after deeming a pilot program a success. The new law allows state and local agencies to install fixed ALPR cameras in North…
Starwood Property Trust Inc. and Realterm, a global transportation-focused investment manager, have teamed up to provide a $672 million loan for a portfolio of 78 industrial outdoor storage properties spread across 33 U.S. markets. The portfolio covers 830 acres and…
Mercedes-AMG PETRONAS F1 Team enters the Hungarian Grand Prix 2026 with a clear focus on reliability after a string of self-inflicted errors cost points in recent races. Team boss Toto Wolff admits the squad has the raw pace but must…
Target is rolling out a sweeping grocery overhaul in hundreds of stores, betting big on fresh produce, trendy snacks, and exclusive brands to revive its food aisles and drive more than $2 billion in growth. The retailer has introduced roughly…
Audi is reconsidering the fate of its iconic 2.5-liter turbocharged five-cylinder TFSI engine, which was previously slated for extinction under tightening emissions rules. The decision follows comments from Audi Sport boss Rolf Michl, who confirmed to Autocar that evaluations are…