China industrial enterprises above designated size: year-to-date profits up 18.8% YoY in May, versus 18.2% previously.

Mexican president Sheinbaum will hold a phone call with Venezuela's interim president Rodriguez at 12:00 p.m. ET (00:00 Beijing time next day).

Matthias Huss, head of the Swiss Glacier Monitoring Project, said on the 26th that winter-accumulated ice and snow on Swiss glaciers are expected to be completely gone by the 29th as a persistent European heatwave continues. The monitoring project, which has tracked glacier mass loss since 2000, records the date as roughly three months earlier than normal and second only to June 26, 2022. After inspecting the Rhone Glacier, Huss called the melt “shocking,” noting about 1 metre of ice thickness lost in 10 days. He said precise measurements will be available in September but that “substantial reduction this year is certain,” and warned sustained high temperatures, not single heatwaves, drive prolonged loss of alpine glacier volume.