Autoliv posted a 6.8% increase in net sales for Q1 2026, reaching $2.75 billion, mainly due to strong growth in Asia, especially India and China. Despite a 0.8% organic sales growth outperforming global vehicle production declines, earnings per share fell 12% to $1.88, impacted by currency effects and lower reimbursements. The company maintains its full-year guidance of flat organic sales and an adjusted operating margin of 10.5-11%, while planning $300-500 million in share repurchases. Operational improvements and new product launches, like motorcycle airbags, support future growth amid geopolitical uncertainties.
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...
