Mexico's Pemex said it paid 248 bln pesos to suppliers and contractors in 1H.

High-performance aircraft brake-disc production and sales, long dominated by foreign firms, are seeing a domestic breakthrough as Chinese materials technology advances. Chinese developers have independently produced carbon-ceramic brake materials that offer improved moisture resistance, higher temperature tolerance and more stable braking across the full temperature range, marking a step-change in key brake-material technology. Industry sources say application of domestically produced high-performance brake materials is expanding into emerging aviation segments, and the full supply chain — from carbon-based composite material R&D and brake-disc fabrication to anti-skid electronically controlled brake systems — is now localized and in mass production.

Apple reported third fiscal quarter revenue of $109.42 bln, up 16.4% YoY and marginally above the $108.65 bln consensus. EPS was $2.02, including $0.11 from a tariff rebate; adjusted EPS exceeded the $1.89 estimate. iPhone sales rose 21.7% to $54.25 bln, beating the $53.86 bln forecast and setting a Q3 record. Global memory-chip shortages lifted Mac and iPad prices this quarter, which the company says prompted earlier iPhone purchases; Apple has not raised iPhone list prices but the Street generally expects price increases at the September launch. Greater China revenue was $18.82 bln versus $19.67 bln expected. Apple shares fell about 4% in after-hours trading.