China and the United States have agreed in principle to include agricultural products in a reciprocal tariff reduction framework, marking a step toward easing trade tensions. The announcement follows recent talks and was confirmed by China’s Ministry of Commerce in…
U.S. job growth stumbled in June, with nonfarm payrolls rising by just 57,000, the weakest gain since the pandemic-era recovery began. The Bureau of Labor Statistics report, released July 2, also revised downward the payroll increases for April and May,…
Electric-vehicle maker Rivian Automotive Inc. has raised its 2026 delivery forecast to between 65,000 and 70,000 vehicles, up from Wall Street’s expectation of roughly 63,000. The company delivered 12,194 vehicles in the second quarter, beating analyst estimates of about 10,600.…
A Swedish court has approved a three-month extension for Scandinavian Enviro Systems’ ongoing reorganisation process, pushing the deadline to August 27. The Gothenburg District Court granted the extension on June 30, allowing the end-of-life tire pyrolysis specialist to continue negotiations…
Freudenberg Sealing Technologies has appointed Dr Alexander Rozman as its new chief executive officer, succeeding Dr Matthias Sckuhr. The change took effect on 1 July, with Sckuhr joining the Freudenberg Group management board and taking responsibility for engineering, data, and…
Solvay, a Belgian supplier, has started producing silica from waste sand at its plants in Qingdao, China, and Gunsan, South Korea, as part of its circular silica strategy. This move is aimed at supporting tire manufacturers’ goal of using 40%…
India’s ministry of commerce and industry has recommended anti-dumping duties for five years on imports of the rubber antioxidant N-(1,3-dimethylbutyl)-N’-phenyl-p-phenylenediamine (6PPD), also known as PX-13, from China, the EU, South Korea, and Thailand. The recommendation follows a petition by Indian…
The MICHELIN Guide has officially entered Oceania with its inaugural New Zealand 2026 Restaurant Selection, recognizing 110 establishments across Auckland, Wellington, Christchurch, and Queenstown. The milestone marks the Guide’s first expansion into the region, celebrating culinary excellence rooted in local…
Kroger announced on July 1, 2026, plans to acquire regional grocer Giant Eagle for $1.65 billion, a cash-and-liabilities deal that includes $1.25 billion in cash and the assumption of approximately $400 million in outstanding liabilities. The transaction, subject to regulatory…
Amazon reported a 16% rise in total carbon emissions in 2025, reaching approximately 81 million metric tons of CO2 equivalent, according to its annual sustainability report published on July 1, 2026. The increase marks the second consecutive year of rising…