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Toyota Industries Posts Profit Growth as Tariff Impact Hits

This could be Toyota Industries' last fiscal year as a publicly listed company as it is the subject of a take-private proposal from the Toyota group.

February 3, 2026

China to Ban Hidden Door Handles on Cars Starting in 2027

Vehicles including Tesla’s Model Y and Model 3, BMW’s iX3, and other models by many Chinese brands feature retractable car door handles that could be subject to the new rules.

February 3, 2026

Oil Tanker Rates Spike on Iran Tensions, Tight Supply

Last week’s speculations about escalating tensions between Iran and the U.S. prompted a rush from charterers to secure vessels ahead of any potential supply disruption, shipbrokers said.

February 3, 2026

Banks Ready $3.75B Debt Sale to Back BP Castrol Buyout

Stonepeak’s acquisition of Castrol isn’t due to close until later in 2026, but lenders are keen to capitalize on the current opportunity window, with investors eager to put cash to work in new deals.

February 3, 2026

PepsiCo Plans Price Cuts as Demand Slips for Drinks, Snacks

PepsiCo has leaned on price increases as the cost of packaging, ingredients and transportation rose, but that has weakened demand, and consumers have cut back.

February 3, 2026

BP Urged to Prove Value of Its Renewed Focus on Oil

BP needs to demonstrate how its decision to prioritize investment in oil and gas will create value for shareholders, according to a group of investors. 

February 3, 2026

Newsom's New EV Rebate Framework Would Boost Musk's Tesla

California Gov. Gavin Newsom outlined plans for a $200 million electric vehicle subsidy in the state that would represent a major boost to Elon Musk’s Tesla and other EV makers in the state.

February 2, 2026

Natural Gas Futures Cool on Warmer Outlook

While frigid temperatures are still gripping the southern U.S., natural gas futures plummeted Feb. 2 as weather forecasts for mid-February shifted significantly warmer.

February 2, 2026

Florida Eyes $50,000 Carrier Fine for Undocumented Drivers

A bill is moving through both legislative chambers in Florida that would allow impoundment of a commercial vehicle with a $50,000 fine if the owner has an undocumented driver operating it.

February 2, 2026

Manufacturing Activity Expands by the Most Since 2022

The strength in demand reflected a decline in a measure of customer inventories, which contracted by the most since mid-2022. Lean customer stockpiles could boost factory orders and production.

February 2, 2026