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Crown Holdings raises earnings outlook as global beverage can volumes grow 6%
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Crown Holdings raises earnings outlook as global beverage can volumes grow 6%

Crown Holdings has lifted its full-year earnings outlook following a 6 per cent increase in global beverage can shipments in the third quarter of 2026, as stronger demand helped offset rising input costs. The packaging manufacturer now expects adjusted diluted earnings per share of USD 8.35-8.45 for 2026, alongside adjusted free cash flow of at least USD 950 million. The company reported third-quarter net sales of USD 3.711 billion, up from USD 3.202 billion in the same period of 2025. The increase reflected higher beverage can shipments and the pass-through of USD 405 million in additional material costs. Adjusted diluted earnings per share rose 7 per cent year on year to USD 2.39, compared with USD 2.24 in the third quarter of 2025. Reported diluted earnings per share increased to USD...

US aluminum tariffs raise Canadian craft brewers’ costs as 75% of Ontario beer is sold in cans
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US aluminum tariffs raise Canadian craft brewers’ costs as 75% of Ontario beer is sold in cans

Canadian craft breweries are facing higher production costs as US tariffs on aluminum increase the price of beer cans, forcing smaller businesses to absorb some of the extra expense or pass it on to customers. Wesley Burbidge, who opened Brew Revolution in 2019 to offer affordable craft beer to his community, said the latest US tariffs have made it harder to keep prices down. Although the brewery managed to survive the COVID-19 pandemic, rising material costs have forced it to adjust its pricing. According to a 2024 report by Beer Canada, around 75 per cent of beer sold in Ontario was packaged in aluminum cans, compared with 43 per cent in 2014. Burbidge said Brew Revolution was trying to limit the impact on customers as the cost of materials increased. He said, “As we see our material...

Bugatti restores one-of-a-kind aluminium-bodied Veyron to mirror-like perfection
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Bugatti restores one-of-a-kind aluminium-bodied Veyron to mirror-like perfection

Bugatti has brought a unique aluminium-bodied Veyron Grand Sport Vitesse back to its original condition through its La Maison Pur Sang restoration programme, reviving the supercar’s distinctive mirror-like exterior more than a decade after its creation. Known as chassis 8.100, the one-off roadster was originally commissioned with a body made entirely of polished aluminium. Its construction required massive aluminium blocks weighing up to 20 tonnes to be delivered to Bugatti’s headquarters in Molsheim, France, before the vehicle was completed in 2014. It was reportedly the most expensive Veyron ever produced at the time. The recent refurbishment was carried out at the owner’s request, with Bugatti returning the car to its original specifications. The process included removing aftermarket...

Ready, set, Ferrari! India-EU FTA puts Ferrari in the fast lane as orders more than double
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Ready, set, Ferrari! India-EU FTA puts Ferrari in the fast lane as orders more than double

Ferrari is accelerating its India expansion as anticipation builds around the proposed India-EU Free Trade Agreement (FTA), with the luxury sports carmaker reporting more than a doubling of orders ahead of the deal. Alongside plans to extend its dealership network to five cities, Ferrari is strengthening its India-focused team, customer engagement and personalisation services as expectations of lower import duties bring fresh attention to the country’s luxury car market. EU trade deal lifts demand expectations According to Ferrari’s senior leadership, orders from India have more than doubled in anticipation of the FTA, which is expected to come into force in early 2027, subject to the required approvals. The agreement is set to reduce import duties on European-made luxury cars from around...

Aluminium fins and discarded plastic bags improve solar panel output by 11.6% in laboratory test
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Aluminium fins and discarded plastic bags improve solar panel output by 11.6% in laboratory test

Solar panels could benefit from a simple cooling arrangement made from aluminium fins and discarded plastic bags, according to a laboratory study that explored ways to limit heat-related power losses without consuming additional electricity. The combination increased a panel’s output power by 11.6 per cent under simulated sunlight, only marginally higher than the 11.5% gain recorded with aluminium fins alone. The findings point to a potential use for waste plastic in solar panel cooling, although outdoor testing is still needed to establish whether the approach can deliver similar results under changing weather conditions. Aluminium fins offer a simple way to manage solar panel heat Photovoltaic panels can lose electrical performance as their temperature rises under strong sunlight. To...

Ardagh Metal Packaging sale preparations can resume after Luxembourg court lifts injunction
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Ardagh Metal Packaging sale preparations can resume after Luxembourg court lifts injunction

Ardagh Holdings S.A. can resume preparations for a potential sale of its stake in Ardagh Metal Packaging S.A. (AMP) after a Luxembourg court lifted an order that had prevented the parent company from proceeding with the transaction. The ruling, issued on 14 October by a summary judge at the Luxembourg district court, allows Ardagh Holdings to re-engage with its advisers on a possible sale. The injunction was originally imposed following a unilateral ( ex parte ) application by certain minority holders of senior secured toggle notes due in 2027, issued by ARD Finance S.A. before its parent company, Ardagh Group S.A., completed its recapitalisation transaction in November 2025. The order had prohibited Ardagh Holdings from selling all or part of its interests in AMP. Following the court's...

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