Industry News

BYD Earnings Drop Amid Price Cuts and Production Slowdown

China’s biggest electric vehicle maker, BYD, has reported its steepest earnings decline in four years as it struggles with a mix of slowing demand, fierce price competition, and tighter regulations.

Nissan to Shut Mexico Plant After Posting Heavy Quarterly Loss

Nissan is stepping up its global restructuring after reporting a tough financial quarter.

Toyota Cuts Profit Forecast on U.S. Tariff Impact

Toyota, the world’s biggest carmaker by sales, has cut its profit outlook for the year after estimating major losses from U.S. tariffs.

PNC Financial Services Group to Acquire FirstBank

PNC Financial Services Group, Inc. announced its latest move to expand nationally with a USD 4.1 billion acquisition of Colorado-based FirstBank Holding Company.

Japan’s first flagship Harry Potter Shop Launched in Harajuku

Japan’s first flagship Harry Potter Shop opened its doors in Harajuku. Officially launched on August 14, 2025, the new store is designed to be more than just a retail space, aiming to attract both fans and tourists.

AURIC Smart City Projects Poised to Drive Massive Job Creation and Investment Inflows

The Amaravati Urja and Industrial City (AURIC) Smart City initiative is projected to significantly bolster economic growth and employment generation in India, according to recent government disclosures.

Arkema Issues €500 Million Green Bond to Advance Sustainability Goals

Arkema issues €500 million green bond to fund sustainable projects, reinforcing commitment to specialty materials and eco-innovation.

BASF Extends CAM Supply Agreement at Schwarzheide Battery Materials Facility

BASF renews long-term CAM supply agreement at Schwarzheide, strengthening European battery material production and meeting growing electrification demand.

Bondalti Chemicals Opens Advanced Chlor-Alkali Plant in Portugal with Asahi Kasei Technology

Bondalti Chemicals inaugurates advanced chlor-alkali plant in Portugal with Asahi Kasei technology, enhancing efficiency, sustainability, and decarbonization.

Chemours and SRF Limited Announce Strategic Agreements to Strengthen Supply of Advanced Materials in India by 2026

Chemours and SRF Limited form strategic agreements in India to enhance global supply of fluoropolymers and fluoroelastomers by 2026.

Clariant Oil Services and Swire Energy Services Open New Automated Supply Base in Norway

Clariant Oil Services and Swire Energy Services open fully automated chemical supply base in Norway to support offshore operations.

DCM Shriram and Aarti Industries Forge Long-Term Chlorine Supply Partnership

DCM Shriram and Aarti Industries sign long-term chlorine supply deal, establishing secure pipeline to enhance safety, efficiency, and sustainability.

E3 Lithium Begins Commissioning of Clearwater Project Demonstration Facility

E3 Lithium has commenced Phase 1 commissioning of its Clearwater Project, advancing large-scale lithium production in Alberta.

Evonik Launches Next Markets Program to Unlock Growth in Emerging Segments

Evonik launches Next Markets Program to drive growth in adjacent sectors, focusing on circular packaging, recycling, defense, and aerospace.

ExxonMobil Considers Sale of European Chemical Plants Amid Industry Challenges

ExxonMobil is exploring the sale of chemical plants in the UK and Belgium amid tariffs and rising Asian competition.

Merck and Tata Electronics Sign MoU to Strengthen Semiconductor Capabilities in India

Merck and Tata Electronics sign MoU to advance semiconductor materials, infrastructure, and supply chain for India’s first Fab.

MIT Develops AI System to Predict Chemical Reactions with Real-World Accuracy

MIT researchers develop FlowER, a generative AI predicting chemical reactions with higher accuracy by conserving mass and electrons.

RS Pondok Indah Group Achieves Indonesia’s First HIMSS Stage 7 EMRAM Validation

RS Pondok Indah Group becomes Indonesia’s first healthcare provider to achieve HIMSS Stage 7 EMRAM, advancing digital healthcare excellence.

Tech Mahindra Partners with Abacus Insights to Simplify US Healthcare Data Compliance

Tech Mahindra partners with Abacus Insights to streamline US healthcare data compliance, enhancing accessibility, usability, and regulatory adherence.

UCF Launches Free RenewU Program to Support Healthcare Workers and Students

UCF launches RenewU, a free evidence-based toolkit to combat healthcare burnout and enhance provider resilience globally.