Allison Transmission will supply its Specialty Series 4500 SP fully automatic transmissions for the next generation of tactical trucks used by the French Land Forces. The trucks, built on Daimler Truck's Zetros 6x6 chassis and powered by Mercedes-Benz OM 460 engines, are part of the PL6T program awarded to Arquus, which will deliver 7,000 vehicles over 10+ years starting in 2027. This deal supports the modernization of French military logistics with reliable, durable, and high-performance vehicles designed for demanding defense operations. Allison's transmission technology enhances operational readiness by providing seamless gear shifts and continuous power, improving vehicle performance in challenging environments.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
