Libya's National Oil Corporation says Austrian oil and gas group OMV's Iasar discovery holds an estimated 195 mln barrels of oil and has production of about 5,000 bpd.

China's foreign ministry said it opposes ideological divisions and technology blockades, and aims to balance development with security in artificial intelligence, offering to share experience to lift global AI innovation. The 2026 World Artificial Intelligence Conference and high-level meeting on global AI governance opens in Shanghai on July 17; China said it will use the event to build consensus, expand AI benefits to developing countries and ensure technological progress supports global development and prosperity.

Chuanyi Co. reported 1H revenue of 3.418 bln yuan, up 4.18% YoY, and net profit of 283 mln yuan, down 12.94% YoY. Gross margin slipped amid intensified market competition and product-mix changes; fair-value gains on securities financial assets fell by 52.13 mln yuan YoY due to price volatility, reducing current-period profit.