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Porsche AG reported revenue of €17.23 billion for the first half of the year and reaffirmed its outlook for fiscal year 2026.

2026-07-29

Porsche AG reported revenue of €17.23 billion for the first half of the year and reaffirmed its outlook for fiscal year 2026.

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2026-07-29

WTI crude oil prices rose as much as 1.7% in early trading, currently trading at $79.5 per barrel.

WTI crude oil prices rose as much as 1.7% in early trading, currently trading at $79.5 per barrel.
2026-07-29

The MOFCOM office issued a work notice directing local authorities to accelerate delivery of urban 15-minute convenience service circles, setting a national target of 10,000 completed circles by 2026 subject to planning and quality controls. Localiti

The MOFCOM office issued a work notice directing local authorities to accelerate delivery of urban 15-minute convenience service circles, setting a national target of 10,000 completed circles by 2026 subject to planning and quality controls. Localities must define total targets and annual construction quotas. The notice urges use of these community nodes to stimulate consumption—bringing domestic “trend” goods, export-quality items, local specialties and international brands into neighborhoods via legally compliant exhibition stands—and to run promotional campaigns. It encourages appliance trade-in schemes, digital and smart-product subsidy participants to hold community sales events and establish local service/recycling points, and asks auto manufacturers, dealers and recyclers to promote trade-in policies and, where feasible, conduct community vehicle displays, sales and test-drives.
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