Global food prices climbed to their highest level in more than three years in July, driven by rising costs of grains, sugar, and vegetable oils, according to the United Nations’ Food and Agriculture Organization (FAO). The FAO’s food price index…
Ford has officially named its new entry-level electric pickup the Fathom, slapping a starting price of $29,945 on the truck that’s due to hit U.S. driveways in late 2027. Pre-orders open in early 2027 as Ford tests demand in a…
Canadian Prime Minister Mark Carney stated on August 6 that trade negotiations with the United States have turned ‘nasty’ after President Donald Trump criticized Canada’s leadership. The dispute is significant due to existing US tariffs on Canadian steel, aluminum, and…
U.S. employers cut 23,000 jobs in July, a sharp reversal from forecasts expecting around 100,000 new positions, according to the latest Labor Department data released on August 7, 2026. Revisions to May and June payrolls further erased 103,000 jobs, deepening…
President Donald Trump may need to compromise with Iran to secure a deal reopening the Strait of Hormuz, a vital waterway through which 20% of global oil normally flows. The dispute has been ongoing for months, with shipping remaining far…
Global oil prices retreated on August 7, 2026, following a nearly 4% jump the day before. Brent crude, the international benchmark, fell 0.3% to $82.26 per barrel in early trading, while U.S. benchmark crude slipped 0.1% to $77.19 per barrel.…
Japanese automotive supplier Toyoda Gosei has posted a 16.7% year-on-year revenue increase for the first quarter of fiscal 2026, reaching Yen303.8 billion (€1.7 billion). The company’s operating profit surged 26.1% to Yen23.2 billion, driven by higher vehicle production volumes, new…
The revised EU Drinking Water Directive (DWD) will enforce strict new rules on elastomer seals, gaskets, and other components that come into contact with drinking water starting January 1, 2027. Samantha Duffy, Senior Manager of Global Water Programs at NSF,…
The global transition to a low-carbon energy system has accelerated the search for clean energy carriers, with hydrogen gaining prominence due to its high energy density and potential to reduce greenhouse gas emissions. However, hydrogen’s unique physical properties pose stringent…
Bekaert’s rubber reinforcement business reported stable first-half sales of €885 million, despite strong volume growth, as price pressure and regional demand shift weighed on margins. The company’s total consolidated sales increased to €905 million, with organic sales growth of 2%…