Indian exporters view Russia as a highly promising market due to significant global trade restructuring, evolving geopolitical dynamics, and Russia's efforts to diversify sourcing, fostering a new phase of expansion in India-Russia trade relations.
Iluka Resources, backed by Australia's federal government, is building a $1.8B rare earths refinery in WA. The company conducts confidential deals with global partners to secure supply chains, aiming to reduce reliance on China, which is seen as weaponizing trade.
Iluka Resources is conducting confidential rare earths deals for its $1.8 billion Eneabba refinery in Western Australia, backed by a federal loan, to secure supply chains outside China. This initiative aims to de-weaponize critical minerals amidst rising geopolitical tensions and Western governments' efforts to diversify sources.
Australian rare booksellers express concern over generative AI companies' practice of 'destructive scanning'—buying physical books, scanning them, and then pulping them—to train AI models. A US lawsuit against Anthropic revealed this practice, now believed widespread, with intermediaries like Zoom Books potentially facilitating it, leading to unusual order patterns for sellers.
Australian rare and secondhand booksellers express concern over "destructive scanning" by generative AI companies, following unusual bulk orders from Canadian firm Zoom Books. A US lawsuit revealed Anthropic's practice of buying, slicing, and pulping books for AI training, raising fears for unique physical artefacts.
US President Donald Trump signed an executive order on July 20, tightening conditions for Department of Defense waivers on defense-critical imports from China, Russia, Iran, and North Korea, viewed by observers as an enforcement crackdown for national security.
The U.S. government, through the FCC, has banned imports of "advanced robotic devices" and connected power inverters from foreign countries, specifically targeting China, citing national security risks. The ban includes consumer devices like robot vacuum cleaners and lawnmowers, affecting future models seeking FCC approval.
The European Union sanctioned 14 Chinese companies for aiding Russia's war, prompting Beijing to retaliate by sanctioning 14 EU defense organizations, including Rheinmetall and a Polish university. China's move, with only one hour's notice, targets EU supply chains with extraterritorial measures, causing concern in Brussels.
China's advancements in semiconductors and AI model development are poised to disrupt the global AI tech landscape, offering cheaper alternatives that could erode the margins of current US tech leaders.
The FCC has banned new imports of foreign-made advanced robotic devices (humanoids, quadrupeds, connected mobile machines) citing supply chain and cybersecurity risks, prompting China to condemn the move as protectionist.
Apple introduces Apple Upgrade, a leasing program with Klarna, offering monthly installments for iPhones, Apple Watches, Macs, and iPads, with options to upgrade, purchase, or return at lease end, amid industry-wide memory chip shortages and recent price hikes.
The FCC proposes banning imports and sales of new advanced robotic devices and power inverters due to security vulnerabilities, citing risks of data manipulation, surveillance, and foreign intelligence enhancement.
The US has imposed tariffs of 10-12.5% on goods from several countries, including China, Japan, and the EU, citing forced labor practices. Experts view these actions as a pretext for President Trump's 'America-first' trade agenda, with another Section 301 investigation ongoing.
Coca-Cola has increased prices in India due to severe disruptions in the Strait of Hormuz, a key supply route for aluminum cans and raw materials, following the collapse of an interim truce in the Iran conflict.
Hanwha Ocean signed agreements with U.S. companies Leidos Gibbs & Cox, Hanwha Philly Shipyard, and others in Washington to design naval vessels and develop the shipbuilding supply chain, supporting the "Make American Shipbuilding Great Again" initiative.
The US has imposed tariffs on several countries, including China and EU members, with rates up to 12.5%, citing human rights abuses and distortive trade practices. This action is part of President Trump's "America-first" agenda, alongside an ongoing Section 301 investigation into excess industrial capacity.
Chinese tech companies are rapidly expanding their international presence, driven by a global surge in AI spending and domestic competition. This growth is evident in rising physical tech exports and increased revenue from cloud-based software and foundation models, with firms like MiniMax seeing significant international earnings.
South Korea, China, and Japan urged stronger cooperation on supply chains, food, and energy security at the 27th ASEAN Plus Three Foreign Ministers' Meeting in Manila, citing vulnerabilities exposed by the Middle East crisis and geopolitical challenges, while also discussing Korean Peninsula stability.
India has approved a $13.2 billion semiconductor program, Semicon 2.0, building on a previous $9 billion mission to develop a full chip ecosystem. The nation aims to become a major manufacturing hub by 2030, despite facing significant challenges in large-scale fabrication.
DSV, colosso globale della logistica, ha lanciato la strategia "Leverage to Lead" per il suo sviluppo fino al 2030, in occasione del 50° anniversario. Il piano mira a valorizzare la crescita post-integrazione di DB Schenker, focalizzandosi su efficienza, tecnologia, acquisizioni e supporto alle filiere produttive in un contesto di trasformazione globale.
US Undersecretary Jacob Helberg discusses Washington's strategy to reduce dependence on China for rare earths and AI technology by rallying allies and securing alternative supply chains, citing past Chinese export controls that impacted allies like Japan and Europe.
US President Donald Trump signed an executive order to reduce dependence on China for defense-related critical minerals, directing military contractors to shift supply chains away from Beijing-linked sources by January 2027, citing national security in an era of great power competition.
Azerbaijan and Germany are deepening ties beyond energy, with bilateral trade reaching €1.7 billion in 2025. Over 250 German companies operate in Azerbaijan, driven by Europe's push to diversify supply chains from Russia and Azerbaijan's strategic role in the Middle Corridor.
CuspAI, a Cambridge-based AI startup, secured $450m (£330m) in Series B funding from investors including Jeff Bezos and the UK government, valuing it at $2.6bn. The company aims to develop AI-powered software to discover new materials, reducing research times and reliance on rare metals for chipmakers and other industries.
