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Kuwait power plant attacked, Iraqi gas fields shut down: US-Iran conflict crosses the "civilian red line," crude oil rises nearly 16% in a week

Kuwait power plant attacked, Iraqi gas fields shut down: US-Iran conflict crosses the "civilian red line," crude oil rises nearly 16% in a week

``` Energy infrastructure and civilian facilities have successively become targets, marking the entry of the US-Iran conflict into a new and dangerous phase. Kuwait on Friday stated that Iran had extended the scope of its attacks to include Kuwait's power and desalination plants. Iraqi officials on Thursday said that

Netflix tightens data disclosure for the second time in two years: viewing hours now updated annually, valuation criteria shift entirely from "traffic" to "profit."

Netflix tightens data disclosure for the second time in two years: viewing hours now updated annually, valuation criteria shift entirely from "traffic" to "profit."

``` After ceasing to disclose quarterly subscriber data in 2025, Netflix has further tightened its information disclosure. The company's latest financial report shows that starting January 2027, viewing hours data and the "What We Watched" ratings report will be adjusted from twice a year to once a

Continued Expansion of Offline Presence: Zhuanzhuan Opens Its Fourth Circular Store Nationwide

Continued Expansion of Offline Presence: Zhuanzhuan Opens Its Fourth Circular Store Nationwide

``` Author | Huang Yu Against the backdrop of a steadily improving “second-hand economy,” Zhuanzhuan Group has opened a Circular Store in Guangzhou. On July 17, Zhuanzhuan Group's Guangzhou Circular Store officially opened. This is the fourth Circular Store Zhuanzhuan has opened nationwide, following Zhengzhou, Dongguan, and Chengdu, and also

Blackstone, BlackRock, and Apollo face successive redemption waves: The turning point has arrived for the $3 trillion private credit market.

Blackstone, BlackRock, and Apollo face successive redemption waves: The turning point has arrived for the $3 trillion private credit market.

``` Once regarded as one of the world’s largest sources of incremental capital for the global financial system, private credit is now facing its severest test since inception. As defaults rise, redemption waves erupt, and funds successively activate redemption restrictions, the private credit market, with a size of $2.5

Cleveland Fed President Harker takes a hawkish stance: Inflation is too high, and the labor market is near full employment.

Cleveland Fed President Harker takes a hawkish stance: Inflation is too high, and the labor market is near full employment.

``` Cleveland Fed President Beth Hammack stated that, with consumer spending remaining robust and unemployment staying low, persistently high inflation is currently her biggest concern. Hammack wrote in a LinkedIn article on Friday: “There is no conflict in our dual mandate. Inflation remains too high, while the labor market is essentially

BMW loses momentum in China, falling into a gap period between model updates

BMW loses momentum in China, falling into a gap period between model updates

``` BMW’s continued stagnation in the Chinese market has rewritten the global sales landscape for this luxury car brand. BMW Group recently released its sales figures for the first half of 2026, showing a global total delivery of 1.1567 million vehicles, down 4.2% year-on-year. The half-year report shows

IM Motors ventures once again into the fiercely competitive 350,000 yuan market.

IM Motors ventures once again into the fiercely competitive 350,000 yuan market.

``` The 350,000 RMB six-seat SUVs are becoming the most crowded price range in the high-end new energy market. New models continue to flood in, but the demand has not grown in sync. In the first half of 2026, domestic passenger car retail sales totaled 8.701 million units, a