Sofía Martínez 
Hertz Global Holdings Inc. reported a second-quarter adjusted loss of 11 cents per share on August 6, 2026, beating analyst expectations of a 24-cent loss and topping Ebitda estimates. The rental-car giant posted adjusted corporate earnings before interest, taxes, depreciation,…
ConocoPhillips announced on August 6, 2026, that CEO Ryan Lance will retire effective September 1, with CFO Andy O’Brien taking over as chief executive. Lance will transition to the role of executive chair, while Konnie Haynes-Welsh, currently vice president for…
Goodyear Tire & Rubber Co. has reported a significant decline in second-quarter operating earnings and a widened net loss, despite improved market stability. For the second quarter ended 30 June, the US tire maker reported a net loss of $204…
Wacker Silicones has reported a 6% year-on-year increase in sales to €757 million in the second quarter, with division earnings (EBITDA) rising 18% to €123 million. The gains were driven by lower operating expenses, an improved product mix, and higher…
Dongfeng Nissan has lifted the curtain on the upcoming NX7 SUV for the Chinese market, a compact electrified model positioned below the larger NX8. The new SUV borrows an evolved styling language and the brand’s latest tech, with the first…
Goodyear Tire & Rubber Company (NASDAQ: GT) delivered mixed second quarter 2026 results on August 5, 2026, reflecting improving market stability but continued financial headwinds. Net sales totaled $4.3 billion, a 4.8% year-over-year decline, with organic net sales down 1.4%…
U.S. Energy Secretary Chris Wright confirmed on August 4, 2026, that the Trump administration is likely to extend a temporary waiver of the Jones Act, a 1920 law requiring goods shipped between domestic ports to be transported on U.S.-flagged, -built,…
Eight of the world’s largest shipping associations have jointly urged the United Nations and the International Maritime Organization to block any compulsory transit fees or service charges in the Strait of Hormuz, warning that such a move would set a…
Uber Technologies Inc. delivered a third-quarter bookings outlook that met analyst expectations, but flagged fierce competition in Brazil as a key drag on trip growth, compounding investor concerns about the company’s trajectory in the robotaxi era. The San Francisco-based company…
US President Donald Trump stated that a deal to reopen the Strait of Hormuz could be reached as early as August 5, as Iran and Oman are nearing an agreement. The strait’s closure has halted shipping and disrupted a route…