The two nations agreed to strengthen their supply chains for semiconductors, while deepening collaboration on AI, and developing a joint roadmap for economic security.

Iran's joint military command issued the warning on July 2, a day after U.S. and Iranian diplomats met with mediators in Qatar. 

The closure of the Strait of Hormuz has had an impact extending well beyond world petroleum supplies, says Weston Drake, principal with Sea Cliff Consulting.

A conversational shift must take place around AI in ERP, especially in regulated industries like manufacturing.

Ratings data highlights strong supplier progress on climate action and human rights, but risk visibility blank spots deeper in the supply chain.

Transpacific shipping rates to the West Coast have more than doubled since mid-May, while Asia to Europe rates have been up 70-80%.

The companies handling global supply chain disruption most effectively today are the ones that are quietly doing the hard work.

The talks will reportedly cover four areas: Rebalancing trade and investments, export controls on rare earths, intellectual property rights, and WTO reforms.

Ranges for both underlying EBITDA and EBIT were increased, topping analysts estimates, and free cash flow will also be better than previously expected, Maersk said.

Governments acting independently to build strategic reserves of critical minerals risk driving up prices, worsening shortages and increasing geopolitical tensions.