Peru's National Elections Jury on July 3 (local time) declared Popular Force candidate Keiko Fujimori president after she won 50.135% of valid votes in the presidential runoff. She is due to be sworn in on July 28 for a five-year term.

GFL Environmental, the Canadian environmental services group, is considering going private after receiving acquisition interest from private equity firms and is consulting advisers; the company received preliminary takeover approaches in recent months.

The State-owned Assets Supervision and Administration Commission (SASAC) held a meeting to deploy penetrative (through-the-entity) supervision for SOEs, citing recent instructions from the CPC Central Committee and the State Council and national mobilization on deepening SOE reform. The meeting said penetrative supervision is a core task for improving state-asset oversight and promoting high-quality SOE development, and that central authorities have made it a priority this year. SASAC ordered accelerated construction of intelligent penetrative-supervision systems, reform of the supervisory framework, strengthened penetrative oversight in key sectors, and closure of supervisory loops. It also called for stronger leadership, resource guarantees and talent development to raise regulatory effectiveness.