Home Depot reported a 5.7% year-over-year revenue increase to $47.86 billion for its second quarter, beating Wall Street expectations of $47.24 billion. Comparable store sales rose 1.7% globally and 1.3% in the U.S., driven by demand for smaller home-improvement projects…
Swedish autonomous logistics specialist Einride has placed the largest order to date for Tesla’s Semi electric truck, committing to 500 units for its North American fleet over the next two years. The phased deployment begins next month, with trucks entering…
The United States and Canada are locked in final negotiations to avert a looming 50% tariff on $20 billion worth of Canadian goods, with the deadline set for 12:01 a.m. on August 19, 2026. The dispute threatens one of the…
Global oil prices edged higher on Aug. 18, 2026, following a 2.7% surge the day before, as geopolitical tensions in the Middle East kept energy markets on edge. Brent crude, the international benchmark, climbed 0.1% to $90.94 per barrel in…
Indian tire giant Apollo Tyres posted a 12.8% year-on-year revenue increase in the first quarter of fiscal 2026-27, driven by record demand in its domestic market. For the three months ended 30 June, consolidated revenue rose to INR74 billion (€670…
Indian speciality chemical and advanced intermediate manufacturer Aether Industries has teamed up with Dow India to launch a multi-year research programme aimed at developing next-generation silicone manufacturing technologies. The collaboration will utilise Aether’s R&D and pilot facilities in Surat, located…
Finnish bio-based materials giant UPM Biochemicals will begin shipping renewable functional fillers (RFFs) produced at its €1.37 billion Leuna, Germany biorefinery to customers by the end of September 2026. The facility, which represents a €1,370 million investment, has an annual…
Natural rubber (NR) futures slipped marginally during the second week of August as trading volumes and price action remained subdued across global exchanges. According to the Japan Exchange Group (JPX), the week ended 14 August saw “slow and subdued” activity,…
Global synthetic rubber (SR) production rankings for 2026 have been topped by Chinese giants, with Sinopec retaining its position as the world’s largest SR manufacturer. According to the International Institute of Synthetic Rubber Producers (IISRP), Sinopec maintained its ‘active’ SR…
Stellantis is recalling approximately 850,000 vehicles in the U.S. over a software defect that can disrupt backup-camera images on vehicle media screens. The affected models include Jeep, Chrysler, Dodge, and Ram vehicles from the 2026 and 2027 model years. An…