Brent crude oil prices rose 0.8% to $84.23 per barrel on August 10, 2026, as geopolitical tensions in the Middle East intensified. The surge followed Israel’s rejection of a Gaza deal proposed by U.S. President Donald Trump and reports of…
Global oil prices surged on Monday after Israel rejected a U.S.-brokered Gaza deal and reports emerged of a potential Iran-Oman agreement to tighten control over the Strait of Hormuz. Brent crude, the international benchmark, rose 0.8% to $84.23 per barrel,…
According to Greg Hodgen, Chairman of the American Trucking Associations, third-party litigation financing is causing harm to the trucking industry. This practice, where outside investors secretly profit from lawsuits, is driving up the cost and duration of lawsuits, fueling inflated…
Finnish industrial rubber maker Reka Industrial is set to start production at a newly acquired facility in Ukraine in early 2027, as its rubber business reported higher volumes and sales in the first half of 2026. The company’s subsidiary in…
Bridgestone has reported a 20% year-on-year increase in first-half adjusted operating profit to Yen281 billion, with sales rising 10% to Yen2,321 billion. The Japanese group saw a stronger second quarter, with revenue up 14% year-on-year to Yen1,208 billion and adjusted…
Toyo Tire Corp. is terminating its capital and business alliance with Mitsubishi Corp., a partnership established in 2018 to strengthen Toyo’s sales and technological capabilities. The alliance achieved its objectives, and Toyo has now established a management structure capable of…
Pirelli has partnered with Italy’s Abet Group to develop technologies for remote-controlled electric unmanned ground vehicles (e-UGVs) designed for rescue operations in rugged and extreme environments. As part of the partnership, Pirelli will contribute its ‘Cyber Tyre’ technology and optical…
Sailun Group is conducting feasibility studies to establish a tire manufacturing hub in the Nelson Mandela Bay Municipality of South Africa. The proposed project, estimated to cost ZAR2 billion (€108 million), will be located in the Coega Special Economic Zone…
Malaysian rubber gloves maker Hartalega has reported a significant increase in first-quarter profits, driven by higher average selling prices and cost optimisation efforts. For the quarter ended 30 June, the group recorded revenue of RM605.8 million, up 9.5% year-on-year, and…
A shocking dashcam video shared on Reddit shows an Infiniti driver speeding in the rain on I-95 in Miami, losing control, and crashing into a dump truck. The incident occurred on July 25, 2026, near Exit 8B onto 103rd St.…