Business Matters: Honda staying in Canada for ‘foreseeable future,' refutes move report

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The Drive
an hour ago
- The Drive
I'm Looking At a Honda Element Tonight, and Good Luck Talking Me Out of It
Get The Drive's daily newsletter The latest car news, reviews, and features. Email address Sign Up Thank you! Terms of Service & Privacy Policy. My taste in cars is way different now from when I first started driving. I've gone through phases: a truck phase, a Volkswagen phase, and back to the first one in recent years. I still love trucks, to be clear, but nowadays, I just want something that works. I thought that's what I was getting with my second-gen Prius when I bought it last year, but that silly thing hasn't moved for months thanks to various hybrid battery gremlins. I'm looking to replace it with something simpler, and in my search, I stumbled across a 2003 Honda Element that I'm pretty sure I'll be driving home tonight. Suffice to say, I'm stoked about it. My sister drove an Element back in high school, and I remember it being extremely roomy. There are only four seats, which isn't ideal since we're a family of five, but we can all fit in my wife's Expedition. Plus, the Element's rear seats not only fold flat, but they fold up onto the sides?! How did I not know that? Via Facebook Marketplace The seller has supposedly owned this car for the past 16 years, which seems like a good sign. Mileage is pretty high at 268,000 or so, but I'm less concerned by that; I'd be more worried if the car had sat for most of its life. And its maintenance record seems clean, as they mention new struts, ball joints, axle seals, and headlights in the last year. One thing I plan to ask more about is the K24's cylinder head replacement they had done 'recently' after learning it needed a new head gasket. Was that a preventative or a reactive job? Who did the work? Is it a sign of something more? It also looks super clean in the photos. I don't see a dent or a scuff in the listing's 18 photos, and amazingly, the interior looks just as well-kept. Take a peek at the skylight above the backseats. Via Facebook Marketplace It has a few aftermarket upgrades, but nothing too crazy. The stock head unit has been replaced with a larger one that displays a backup camera feed. They added a remote start system, and it comes with two keys. All simple stuff. I really want this one to be a winner because every vehicle I buy breaks. I've written about this before, back when I had a small fleet of dump trucks that caused me fits every time I started them up. Now, I have a 1996 Ford F-350 and the aforementioned Prius that don't like to move. It's getting old, and having dealt with diesel and hybrid headaches for the past couple of years, it's time to buy something clean and simple. That's what I'm hoping to get with the Element, which will hopefully be a better blend of reliability and niftiness. Via Facebook Marketplace In the end, I don't care what 'cool' mods are out there for this car because I want to keep it simple, stupid. (I'm talking to myself there, to be clear.) So what if you can get custom cabinetry to go in the back for camping? And who cares that you can buy a swivel mount so the front seats swing around to create a cool conversation space? OK, those are both super cool, but I'm not touching the engine, suspension, or drivetrain unless strictly for maintenance. I've had enough of that in my life. I'll keep you guys posted. Expect an update tomorrow! Got a tip or question for the author? Contact them directly: caleb@
Yahoo
2 hours ago
- Yahoo
Farmers issue warning over crisis that could drive up price of beloved tea: 'It damaged the bushes'
That morning matcha latte might soon be getting a lot more expensive, if it hasn't already where you live, as skyrocketing demand has collided with a smaller-than-expected harvest to leave matcha in short supply, Reuters reported. The result has been record-high prices on the wholesale market. Growers blamed the lower yields on scorching-hot temperatures that hit the Kyoto region during the summer of 2024, Japan's second-consecutive hottest year on record. "Last year's summer was so hot that it damaged the bushes, so we couldn't pluck as many tea leaves," Masahiro Yoshida, a sixth-generation farmer, told Reuters. Compounded with issues around tariffs in the U.S., the industry is facing major headwinds, and some matcha-specializing tea shops have had to make difficult decisions about whether to stay in business when supply is short, with some temporarily closing at times. What's happening? Global demand for matcha has taken off in recent years, as influencers and marketers have touted the beverage's health benefits while associating the drink with a trendy, upscale lifestyle. With the global matcha market having reached $3.3 billion in 2023, experts project that it will nearly double to $6.2 billion by 2032, according to SkyQuest Technology Group, a market-intelligence provider. Seemingly, the only thing capable of slowing the world's thirst for matcha has been the supply of matcha itself. Matcha is made from tencha, stemless tea leaves that are processed via a precise, exacting method before being ground into a fine powder. In 2024, Japanese farmers produced 5,336 tons of tencha, nearly three times the annual production of just 10 years prior, according to Reuters. Yet even this dramatic growth in production has been unable to meet the skyrocketing demand. Tealife, a Singapore-based company, saw demand for matcha from its customers go up tenfold in 2024 alone. "I'm basically always out of stock," Yuki Ishii, Tealife's founder, told Reuters. Do you worry about air pollution in your town? All the time Often Only sometimes Never Click your choice to see results and speak your mind. Unsurprisingly, high demand combined with a disappointing harvest have led to record prices. Tencha prices at Kyoto auctions have jumped 170% over just one year ago, per Reuters. Why does the price of matcha matter? While some people might consider their morning matcha an essential and irreplaceable part of their day, others may wonder why the price of matcha matters for everyone else. In a sense, matcha is like the canary in the coal mine, showing what can happen when rising global temperatures limit the availability of a widely consumed crop. Were a similar price increase to hit a staple crop such as rice, corn, or soy, the impact could be devastating, leading to widespread hunger along with far-reaching economic and political consequences. Even without a dramatic price shock like the one currently impacting the matcha market, lower crop yields mean higher grocery prices for everyone. What's being done about the price of matcha? To address the surging demand, tea farmers in Japan have begun devoting more land to matcha production, but the plants will take five years to mature to the point where they can produce a usable harvest, according to Reuters. Additionally, countries such as China and Vietnam have been increasing their own matcha production, increasing global supplies. However, the labor-intensive and highly specialized methods involved in matcha production, including growing the plants in shade for at least 20 days prior to harvest, make ramping up production both slow and expensive. Additionally, even as more land is devoted to matcha production, ever-increasing global temperatures will continue to negatively impact yields. All of which suggests that the matcha industry might not be able to grow its way out of this problem. "I suspect we'll see even more dramatic price increases," Mark Falzon, who imports Kyoto-area matcha for his New Jersey-based business, told Reuters. Join our free newsletter for easy tips to save more and waste less, and don't miss this cool list of easy ways to help yourself while helping the planet. Sign in to access your portfolio


Time Business News
2 hours ago
- Time Business News
Affordable & Luxury Watch Price in Bangladesh
Watches are more than just a tool for checking the time. They represent style, class, and personality. In Bangladesh, the demand for branded watches is growing day by day. People now want quality and stylish watches that match their lifestyle. Whether it's for daily use, office wear, or special occasions, watches are becoming a must-have accessory. Among the popular watch brands in Bangladesh, Seiko stands out. This Japanese watch brand has a strong reputation for its quality, durability, and design. Many people in Bangladesh search for watch price in Bangladesh and specifically for Seiko watch price in Bangladesh before buying. In this article, we will discuss everything you need to know about watch prices, Seiko models, and FAQs that can help you make the right choice. What is the Average Watch Price in Bangladesh? The watch price in Bangladesh varies depending on the brand, design, and features. You can find watches starting from ৳500 to over ৳200,000. Local watches are usually cheaper, while international brands cost more. Budget-friendly watches are widely available in markets like New Market, Bashundhara City, and online stores. On the other hand, premium watches like Seiko, Citizen, Casio, and Rolex are found in authorized showrooms and online shops. Why Are Watches Popular in Bangladesh? Watches are not only for telling time. People wear them as a fashion accessory. In Bangladesh, watches are often given as gifts during weddings, birthdays, and corporate events. Another reason is that branded watches like Seiko offer reliability. Unlike cheap watches, they last for many years and come with warranty support. Seiko Watch Price in Bangladesh Seiko is a Japanese watch brand famous for its automatic movement, stylish design, and long-lasting quality. In Bangladesh, Seiko watches are available in both affordable and premium ranges. The Seiko watch price in Bangladesh usually starts from ৳7,000 for simple models and can go up to ৳150,000 or more for advanced models like Seiko Prospex or Seiko Presage. Popular Seiko Watch Models in Bangladesh Seiko 5 Series – Price starts from ৳7,000 to ৳20,000 Best for beginners. Automatic movement. Stylish and affordable. Seiko Presage Series – Price starts from ৳30,000 to ৳80,000 Known for classic and elegant designs. Perfect for office wear. Seiko Prospex Series – Price starts from ৳40,000 to ৳120,000 Professional sports and diving watches. Durable and water-resistant. Seiko Astron Series – Price starts from ৳80,000+ Advanced GPS technology. Premium category watch. Where to Buy Seiko Watches in Bangladesh? You can buy Seiko watches from: Authorized Showrooms : Seiko showrooms and watch stores in Dhaka, Chittagong, and Sylhet. : Seiko showrooms and watch stores in Dhaka, Chittagong, and Sylhet. Trusted Online Stores : Daraz, AjkerDeal, PriyoShop, and authorized watch retailers. : Daraz, AjkerDeal, PriyoShop, and authorized watch retailers. Shopping Malls: Bashundhara City, Jamuna Future Park, and Metro Shopping Mall. Always buy from trusted sellers to avoid fake or replica Seiko watches. Are Seiko Watches Original in Bangladesh? Yes, but you need to be careful. Many fake Seiko watches are available in local markets. Always check: Warranty card. Seller's reputation. Official Seiko logo and serial number. If the price is too cheap, it is likely fake. Why Choose Seiko Over Other Brands? Seiko watches are popular in Bangladesh for several reasons: Affordable compared to luxury brands like Rolex or Omega. Stylish designs for both men and women. Automatic and quartz models available. Long-lasting with proper care. How to Maintain a Seiko Watch? Maintaining your Seiko watch can increase its lifespan: Keep it away from strong magnets. Avoid water unless it's water-resistant. Clean it regularly with a soft cloth. Service it every 2–3 years at an authorized center. Is Seiko Worth the Price in Bangladesh? Yes, Seiko offers great value for money. You get Japanese technology, stylish looks, and durability at a reasonable price. Compared to many local and Chinese brands, Seiko stands out for its quality and reliability. FAQ: Watch Price in Bangladesh & Seiko Watches You can find watches starting from ৳500 in local markets. Most Seiko watches cost between ৳7,000 to ৳80,000, depending on the model. You can buy from authorized Seiko dealers, online stores like Daraz, and trusted shopping malls. Yes, many Seiko models are water-resistant, but it depends on the series. Always check before buying. Yes, authorized Seiko sellers provide warranty services. Always ask for a warranty card. The Seiko 5 Series is the most popular for daily wear because of its affordability and durability. Yes, Seiko watches hold a good resale value compared to cheaper brands. Check the serial number, logo, and warranty card. Buy only from trusted sellers. Both are good. Seiko is better in terms of design and craftsmanship, while Casio is known for digital and sports watches. Seiko Presage or Seiko 5 are excellent choices for gifts in Bangladesh. Conclusion The watch market in Bangladesh is growing quickly. From budget-friendly local watches to high-end luxury brands, you can find all types of watches here. If you are looking for watch price in Bangladesh, you will see a wide range of options depending on your budget. Among the top brands, Seiko is one of the most trusted names. With prices starting from ৳7,000, Seiko watches offer a perfect balance of quality, design, and durability. Whether you want a daily wear watch or a premium timepiece, Seiko watch price in Bangladesh is reasonable compared to its global reputation. Always buy from trusted sellers to ensure you get an original product. TIME BUSINESS NEWS