Czech Ministry of Finance proposed lifting the motor fuel price cap and cutting the consumption tax, effective July 20, citing improved market conditions.

ByteDance plans to finish its next‑generation in‑house CPU design by early next year at the latest and targets mass production and large‑scale deployment in H2 2027 to support its AI expansion, sources said. An early CPU version has been used internally since late last year, and sources added tape‑out timing could be moved earlier due to urgent demand. The CPU forms part of ByteDance’s push to build an in‑house chip portfolio and fold more proprietary hardware into its AI infrastructure. To accelerate R&D and secure wafer capacity, ByteDance is expanding cooperation with Qualcomm, a US fabless chipmaker moving into AI data‑center silicon, aiming to offset tight advanced‑chip supply via Qualcomm’s foundry relationships.

IRNA reported that Iranian President Pezeshkian said $6 bln should be released from $12 bln of Iranian assets frozen in Qatar.