Austria recorded its highest July temperature on July 31, when Wieselburg in Lower Austria reached 40.3 degrees Celsius. The reading broke the national July record of 39.7 degrees, set in Dellach im Drautal on July 27, 1983. GeoSphere Austria confirmed the new monthly high as a severe heatwave tightened its grip on eastern regions. The temperature remained below Austria’s all-time record of 40.5 degrees, measured in Bad Deutsch-Altenburg in August 2013.
Oil prices surged on July 29, pushing Brent crude above $90 a barrel as renewed Middle East fighting and tighter U.S. inventories lifted global benchmarks. Brent futures settled at $90.74, up $6.65, or 7.9%. West Texas Intermediate gained $5.20, or 6.6%, to $84.46. Both contracts posted their strongest daily advances in several weeks. The contracts had already gained more than 20% during July as regional supply disruptions affected energy markets.
News
Austria recorded its highest July temperature on July 31, when Wieselburg in Lower Austria reached 40.3 degrees Celsius. The reading broke the national July record of 39.7 degrees, set in Dellach im Drautal on July 27, 1983. GeoSphere Austria confirmed the new monthly high as a severe heatwave tightened its grip on eastern regions. The temperature remained below Austria’s all-time record of 40.5 degrees, measured in Bad Deutsch-Altenburg in August 2013.
Business
Oil prices surged on July 29, pushing Brent crude above $90 a barrel as renewed Middle East fighting and tighter U.S. inventories lifted global benchmarks. Brent futures settled at $90.74, up $6.65, or 7.9%. West Texas Intermediate gained $5.20, or 6.6%, to $84.46. Both contracts posted their strongest daily advances in several weeks. The contracts had already gained more than 20% during July as regional supply disruptions affected energy markets.
Health
The Ebola outbreak in DR Congo has become the country’s largest recorded epidemic. Health authorities counted 3,605 confirmed cases through July 30, including 1,587 deaths. The case fatality rate stood at 44%. Teams logged 567 infections and 296 deaths during the latest full reporting week. Those figures marked the highest weekly totals since the outbreak began. The surge placed further pressure on surveillance, treatment and community response operations.
Automotive
The restructuring strategy, formally named the Future Package, was negotiated between the executive leadership of Porsche and the General Works Council in coordination with the metalworkers union IG Metall and the employers association Südwestmetall. Executives emphasized that workforce reductions will be executed through socially responsible mechanisms, including expanded partial retirement programs, voluntary severance packages, and natural demographic attrition. Management explicitly ruled out compulsory redundancies through 2035, while extending existing site guarantees for five years. In exchange for labor concessions, the automaker committed 2.1 billion euros in capital investments dedicated to upgrading its assembly plant in Stuttgart-Zuffenhausen and its research facility in Weissach.