China announced restrictions on gallium and another mineral, germanium, in a move seen as part of the country’s tit-for-tat trade war on technology with the U.S. and Europe.

GM's CEO said she was disappointed with the supplier and that the company has been surprised by the minimal progress made by the unnamed organization.

The Ukrainian Port of Reni on the Danube was operating at maximum capacity July 25, despite an attack by Russian drones July 24.

Even before Russia terminated the Black Sea agreement, Ukraine had increasingly relied on alternative routes for its exports.

The agreement by the two countries to work more closely was reached during a bilateral economic cooperation committee meeting held in Seoul, South Korea.

The money is to be distributed to German and international companies by 2027 and will be drawn from the Climate and Transformation Fund.

The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.

The partnership will begin with a review of Panama’s current semiconductor manufacturing capabilities, regulatory framework, and workforce and infrastructure needs.  

The organization said that it will not be able to begin manufacturing chips in 2024, as originally planned, due to a skilled worker shortage.

The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.