Allegro and InPost negotiate contract; Iran issues ultimatum; China's industry slows

Polish e-commerce platform Allegro and parcel locker company InPost are locked in critical negotiations to finalize a new long-term agreement, potentially extending their partnership until 2031. The relationship has become increasingly strained as both companies pursue independent logistics strategies and vie for dominance in the e-commerce market. In 2025, InPost initiated arbitration proceedings, challenging how Allegro displays delivery options on its platform. This legal action has been paused to allow for the current negotiations.

Meanwhile, Iran has delivered an ultimatum to the United States, demanding adherence to a June agreement and warning of potential offensive actions if its terms are not met. The 60-day temporary accord between the two nations has expired. However, former U.S. President Donald Trump remains firm, reiterating his commitment to increasing pressure on Iran and taking measures concerning the Strait of Hormuz.

Economic indicators from China reveal a slowdown in industrial production and consumption. In July, industrial output grew by only 4.5 percent year-on-year, the slowest pace in three and a half years. Retail sales also saw a modest increase of just 0.6 percent, falling short of expectations. This economic deceleration suggests China's economy is becoming increasingly dependent on exports, a strategy that could face significant challenges due to escalating global protectionism.

In other business news, German drone manufacturer Helsing is reportedly collaborating with Japanese firm Rakuten on a potential deal to supply combat drones to the Japanese military. The Japanese armed forces are already testing Helsing's drones, and a contract could be signed this year. The partnership may extend beyond equipment supply to include technology transfer and know-how for Japan's defense sector.