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Toyota Motor Corp. saw its global sales and production fall in July 2026, marking the first decline in two months. The dip is attributed to weaker demand in Japan and supply chain challenges, despite continued growth in North America and Europe.
Climate change-linked droughts and heatwaves have driven global coffee prices to record highs, prompting a rush of Japanese companies to invest in coffee farming. The move aims to secure stable supply chains and profit from the crisis.
Venezuela's state-run oil company PDVSA reported that the country's daily crude oil production has reached 1.2 million barrels. The milestone is seen as a positive signal for the industry's recovery after years of decline due to sanctions and economic crisis. PDVSA has not provided details on what drove the increase or plans for maintaining the growth.
