A building collapsed in Mumbai, India, on the 5th (local time), killing at least six people.

Iraq's cabinet approved preliminary and confidentiality agreements for a feasibility study into a strategic oil export pipeline between Basra Oil Company and a consortium of US firm Capital TI, Chevron and Qatar's UCC Energy. The consortium will prepare technical and financial feasibility reports comparing proposed routes, including Basra–Haditha–Kirkuk–Ceyhan and Basra–Haditha–Baniyas. The cabinet said the agreements do not impose any final financial or contractual obligations on the Iraqi oil ministry and authorized Basra Oil Company to sign a consulting services contract with KBR for the Basra–Haditha pipeline.

Yongding Co. expects 1H 2026 net profit attributable to parent of 500–700 mln yuan, up 57%–120% YoY. Prior-year period included an investment gain from an associate’s disposal of a subsidiary; no comparable item occurred in the current period. Profits at the automotive wiring-harness and overseas engineering segments declined YoY. The profit increase is chiefly driven by the optical communications unit, which benefited from accelerated digital-economy rollout and a surge in AI compute demand that lifted fiber volumes and prices, producing sizable margin gains.