Volkswagen's CFO: If we do not cut excess capacity and instead continue to produce as planned at all our German plants, we will face a permanent cost disadvantage of approximately €1.5 billion per year.

Volkswagen's Chief Financial Officer: We currently believe that once existing products are phased out in the early 2030s, Volkswagen's four factories in Germany will not have an economically viable option for continued production.

According to RIA Novosti, Russia's Foreign Intelligence Service stated that in July, Europe urged Kyiv to intensify its sabotage and terrorist attacks against Russia.

The yield on French 30-year government bonds rose to 4.9274%, the highest level since September 2008, up 4.5 basis points on the day.

The EU will continue to work closely with the US and other G7 countries and international partners to exert sustained pressure on Iran.

Indian Prime Minister Narendra Modi stated that during his meeting with Iranian President Pezechzian, both sides reaffirmed their desire to deepen the long-standing friendly relations between India and Iran and expressed their hope to further expand and enrich bilateral trade. Furthermore, they exchanged views on the current situation in the region, and India will continue to support all efforts to achieve lasting peace.