BP Plc announced on August 4, 2026, that it will sell its U.S. biogas business, Archaea Energy, as part of a broader strategy under new CEO Meg O’Neill to streamline operations, reduce debt, and restore investor confidence. The move follows…
Toyota Motor Corp. reported a fiscal first-quarter net profit of 1.48 trillion yen ($9.4 billion) on August 4, 2026, nearly doubling its 841 billion yen profit from the same period a year earlier. The Japanese automaker attributed the surge to…
Caterpillar Inc. reported blockbuster second-quarter 2026 earnings on August 4, blowing past Wall Street expectations as data center expansion fueled record demand for its power and energy equipment. Sales surged to $20.5 billion, up from the $19 billion average estimate…
The U.S. trade deficit narrowed by 5.6% to $73.3 billion in June, driven by a 1.8% drop in imports and a 0.9% decline in exports, according to Commerce Department data released on August 4, 2026. The gap in goods and…
Oil prices have rebounded, with Brent crude rising 98 cents to $84.75 a barrel and US crude gaining 15 cents to $80.49 a barrel. This reversal comes after oil prices dropped more than 5% a day earlier, following US President…
The Truck Parking Club, a digital marketplace connecting truck drivers with commercial property owners, has grown to over 6,000 locations across 49 states. Fleet managers, dispatchers, or drivers can reserve spots for hourly to monthly durations via the platform. The…
Indian rubber chemicals producer Nocil Ltd has announced plans to invest €12 million in expanding rubber chemicals capacity at its Dahej site. The investment, which is in addition to the company’s existing expansion programme, will be used to build a…
Natural rubber futures ended the final trading week of July mostly lower, with the Osaka Exchange being the only major market to post a weekly gain. The Japan Exchange Group reported that the OSE December 2026 rubber contract settled up…
Zeon Corp. has completed the construction of a bench-scale facility in Japan to demonstrate technology for producing butadiene from ethanol derived from plant-based and sustainable materials. The facility, set to begin operating in January 2027, is part of a joint…
Continental AG has reported a 35.1% year-on-year increase in second-quarter adjusted earnings, driven by its tires business, which offset a weaker market environment. The company’s group sales for the second quarter of fiscal year 2026 fell 9.1% year-on-year to €4.4…