Czech Television Council
Czech TV Council defends spending transparency amid funding debate
The presidium of the Czech Television Council responded to the ongoing parliamentary debate on changing the funding of Czech Television and Czech Radio. It noted that MPs and senators have had access to the 2025 annual report on Czech Television's finances since June 11, 2026. According to the statement, the broadcaster's finances are checked by the Council and its Supervisory Committee, an independent external audit, and subsequently by Parliament when reviewing annual reports.
Source: Czech Television Council
Union of Municipalities of Metropolitan Areas and Agglomerations of the Czech Republic (SO MOA) and Prague EU Office
Czech cities seek 15% of EU funds for urban development in Brussels
Representatives of Prague, Brno and Hradec Králové met in the Czech House in Brussels with officials from the European Commission, European Parliament and Committee of the Regions to discuss the EU's multiannual budget for 2028–2034. The event was organised by the Association of Metropolitan Areas and Agglomerations of the Czech Republic, the Representation of the City of Prague to the EU, and the Eurocities network. Participants agreed on a call to guarantee at least 15 percent of cohesion policy funds for sustainable urban development.
Source: Union of Municipalities of Metropolitan Areas and Agglomerations of the Czech Republic (SO MOA) and Prague EU Office
Editor's note. The statement was issued by the Association of Metropolitan Areas and Agglomerations of the Czech Republic together with Prague's EU representation, bodies that themselves advocate for cities in EU budget talks. It does not say what outcome the meeting produced or what commitments, if any, the Commission or Parliament made.
Valero Energy
Valero's Q3 2026 profit soars sixfold to $6.8 billion
US refiner Valero Energy reported third-quarter 2026 net income attributable to shareholders of $6.8 billion, more than six times higher than a year earlier. The company said the jump was driven by a sharp rise in refining margins. The statement provides no further breakdown of the result.
Source: Valero Energy
Editor's note. The release was issued by Valero Energy itself, commenting on its own earnings. The company has an interest in presenting the profit growth as a business success. It gives no regional breakdown or comparison with analyst expectations.
XTB
Survey: Fifth of young Czechs trust AI with money secrets, not people
Investment platform XTB published survey results among 1,007 people aged 18 to 30, finding that a fifth of them shared financial information with an AI assistant that they had not told anyone else. In nearly half of cases, according to the findings, no one or only one person knows the amount of respondents' savings. The release does not specify the survey's exact timing or methodology.
Source: XTB
Editor's note. XTB is an investment app that stands to benefit from highlighting young people's financial openness and trust in AI advice. The release omits the survey's methodology and exact date.