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UK Business Reporter: Press Releases

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Press releases published on June 1, 2025

Voting Kicks Off in Poland’s Presidential Runoff

Voting Kicks Off in Poland’s Presidential Runoff

(MENAFN) Voting kicked off Sunday in Poland’s critical presidential runoff, where nearly 29 million eligible voters are deciding between the liberal Warsaw Mayor Rafal Trzaskowski and conservative nationalist Karol Nawrocki. This election has tightened …

Global Firms Incur USD34B Losses Due to Trump Tariffs

Global Firms Incur USD34B Losses Due to Trump Tariffs

(MENAFN) Multinational corporations have incurred losses totaling $34 billion as a direct consequence of tariffs implemented by U.S. President Donald Trump, reveals an analysis by a news agency. These trade barriers have disrupted operations and escalated …

Canada’s Economy Recovers in March as GDP Edges Up

Canada’s Economy Recovers in March as GDP Edges Up

(MENAFN) Canada’s economy showed signs of recovery in March, with real gross domestic product (GDP) by industry edging up 0.1%, rebounding from a 0.2% contraction in February, according to Statistics Canada’s latest data released Friday. The national …

Russian Ruble Hits Two-Year Peak

Russian Ruble Hits Two-Year Peak

(MENAFN) The Russian ruble climbed to its highest point in two years against the US dollar during Thursday's foreign exchange trading, driven by optimistic geopolitical signals and advantageous trends in global oil markets, experts said. This rise reflects …

US State Department states Russia-Ukraine peace is ‘up to them’

US State Department states Russia-Ukraine peace is ‘up to them’

(MENAFN) The United States has facilitated the conditions for peace negotiations between Russia and Ukraine but will not continue indefinitely without progress, State Department spokeswoman Tammy Bruce told Fox News on Saturday. Following their first …

Elephant seal goes back to waters after surprising appearance in city

Elephant seal goes back to waters after surprising appearance in city

(MENAFN) A young southern elephant seal was safely guided back to the sea after unexpectedly wandering through the streets of Gordon’s Bay, a coastal town near Cape Town, South Africa, sparking a major rescue effort. The seal, a male weighing approximately …

NYT declares specifics of Kiev’s memorandum

NYT declares specifics of Kiev’s memorandum

(MENAFN) Ukraine’s latest peace proposal, ahead of the next round of direct negotiations with Russia, includes a call for a ceasefire monitored by international observers, according to a New York Times report citing a senior Ukrainian official. The …

Austria warns of increasing illiteracy

Austria warns of increasing illiteracy

(MENAFN) According to the EU nation’s government statistics office, Austria is facing a concerning trend, with nearly a third of its population struggling with reading skills. The situation is especially pronounced among individuals employed in positions …

Oman Delivers US Nuclear Proposal to Iran

Oman Delivers US Nuclear Proposal to Iran

(MENAFN) Oman's Foreign Minister, Badr Al-Busaidi, visited Tehran on Saturday to convey a message from the United States concerning the continuing indirect discussions over Iran's nuclear activities. Iranian Foreign Minister Abbas Araghchi confirmed the …

Poland’s Presidential Runoff Prepares Shaping Domestic Reforms

Poland’s Presidential Runoff Prepares Shaping Domestic Reforms

(MENAFN) As Poland heads toward Sunday’s decisive presidential runoff, political observers emphasize that the result of the closely contested race between liberal candidate Rafal Trzaskowski and conservative contender Karol Nawrocki could significantly …

China refuses to equate Taiwan with Ukraine war

China refuses to equate Taiwan with Ukraine war

(MENAFN) The Chinese Embassy in Singapore expressed strong opposition to equating Taiwan with the Ukraine conflict, responding to comments made by French Leader Emmanuel Macron. During a speech at a defense forum in Singapore on Friday, Macron emphasized …

Former Ukrainian Premier secures top Moscow academic post

Former Ukrainian Premier secures top Moscow academic post

(MENAFN) Nikolay Azarov, former Prime Minister of Ukraine, has been elected as an academician by the Russian Academy of Sciences (RAS), Russia’s premier scientific institution. Azarov, a Doctor of Geological and Mineralogical Sciences and professor at …

German FM claims defeating Russia can’t be achieved

German FM claims defeating Russia can’t be achieved

(MENAFN) Germany’s Foreign Minister Johann Wadephul has acknowledged that defeating Russia militarily was never a realistic goal due to its nuclear capabilities. In an interview with Süddeutsche Zeitung (SZ), Wadephul stated that from the outset of the …

Trump Assures Macron “Fine” Following Viral Slap Incident

Trump Assures Macron “Fine” Following Viral Slap Incident

(MENAFN) U.S. President Donald Trump has assured that French President Emmanuel Macron is “fine” following a widely circulated clip showing his wife, Brigitte Macron, seemingly slapping him aboard their plane. The video, which rapidly gained attention …

Syrian president receives threat by militants who put him in power

Syrian president receives threat by militants who put him in power

(MENAFN) The very militant groups that helped install Syria's new interim president, Ahmed al-Sharaa, after the fall of Bashar Assad, are now turning against him and may threaten his rule, The Washington Post reported on Saturday. Militants, led by Hayat …

Deadly Fire Sweeps Through Hospital in Germany, Casualties Reported

Deadly Fire Sweeps Through Hospital in Germany, Casualties Reported

(MENAFN) A deadly overnight fire tore through a hospital in Hamburg’s Hohenfelde district, claiming the lives of three patients and leaving more than 50 others injured, according to local officials on Sunday. Emergency services reported that the blaze …

Teacher Gets Sentenced for Pro-Russian Remarks

Teacher Gets Sentenced for Pro-Russian Remarks

(MENAFN) A Czech court has issued a seven-month suspended prison sentence to a former educator who expressed pro-Russian sentiments during a classroom session, according to local media coverage on Thursday. The individual, Martina Bednarova, has also been …

Hamas demands lasting truce in Gaza

Hamas demands lasting truce in Gaza

(MENAFN) The Islamic Resistance Movement, Hamas made a statement on Saturday that they have given an answer to the newest Gaza truce offer by US representative Steve Witkoff through middle negotiators, which are Egypt and Qatar. The announcement released …

Japan Unleashes Government Stockpile Rice to Ease Consumer Prices

Japan Unleashes Government Stockpile Rice to Ease Consumer Prices

(MENAFN) Facing a sharp surge in rice costs, Japan has begun releasing government-held rice reserves directly to retailers without competitive bidding, aiming to ease consumer prices nationwide. Starting Saturday, major supermarket chains including Ito- …

Kamil Idri Assumes Role as Sudan’s Premier

Kamil Idri Assumes Role as Sudan’s Premier

(MENAFN) Kamil Idris officially assumed the role of Sudan’s prime minister on Saturday, taking his oath in a ceremony overseen by Abdel Fattah al-Burhan, the head of the Sovereignty Council. This appointment follows a constitutional decree issued by al- …

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