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Business Times Australia: Press Releases

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Press releases published on June 25, 2025

Erdogan, Trump Discuss Global Issues

Erdogan, Trump Discuss Global Issues

(MENAFN) On Tuesday, Turkish President Recep Tayyip Erdogan held a meeting with US President Donald Trump at the NATO Summit in The Hague. The leaders engaged in discussions covering a range of regional and global matters, as well as bilateral relations …

U.S. Consumer Confidence Drops in June

U.S. Consumer Confidence Drops in June

(MENAFN) The Conference Board reported a sharp decline in the US Consumer Confidence Index, which dropped 5.4 points to 93 in June, wiping out nearly half of May’s gains. This downturn reversed the upward trend seen the previous month, according to Tuesday …

Romania’s Parliament Elects New Leaders After Government Shifts

Romania’s Parliament Elects New Leaders After Government Shifts

(MENAFN) Romania’s Parliament swiftly installed new leadership on Tuesday in the wake of a freshly formed government. Senator Mircea Abrudean from the National Liberal Party (PNL) secured the Senate presidency with a decisive 89 votes for and 28 against, …

Gaza Bleeds: Israel Kills Over Twenty Palestinians Seeking Aid

Gaza Bleeds: Israel Kills Over Twenty Palestinians Seeking Aid

(MENAFN) At least 25 Palestinians, including individuals trying to access food aid, were killed and hundreds more injured during renewed Israeli attacks across Gaza on Wednesday, according to medical sources cited by a Palestinian news agency. An Israeli …

Chinese PM: U.S. Tariffs Endanger Global Supply Chains, Investment

Chinese PM: U.S. Tariffs Endanger Global Supply Chains, Investment

(MENAFN) Chinese Premier Li Qiang issued a stark warning on Wednesday about the growing risks of fragmented supply chains and a decline in cross-border investments fueled by US tariffs. Speaking at the 16th annual "New Champions" summit—widely known as the …

Israeli Economy Faces Challenges After War with Iran

Israeli Economy Faces Challenges After War with Iran

(MENAFN) The Israeli economy is facing significant repercussions due to its 12-day conflict with Iran, with the war's financial toll amounting to hundreds of millions of dollars, as reported by various media outlets and experts. During the first week of …

Germany Pledges USD192.5B to Transform Infrastructure by 2029

Germany Pledges USD192.5B to Transform Infrastructure by 2029

(MENAFN) Germany is preparing to invest €166 billion ($192.5 billion) to upgrade its infrastructure by 2029, the Transport Ministry announced Tuesday. The federal government plans to dedicate €107 billion ($124 billion) to modernizing railways, roughly €52 …

Democratic Representative tries to impeach Trump over involvement with Israel

Democratic Representative tries to impeach Trump over involvement with Israel

(MENAFN) On Tuesday, the US House of Representatives voted against a resolution to impeach President Donald Trump over his recent airstrikes on Iran, which were carried out without Congressional approval. The resolution, introduced by Democratic …

Turkish FM phones Chinese counterpart to discuss regional issues

Turkish FM phones Chinese counterpart to discuss regional issues

(MENAFN) Turkish Foreign Minister Hakan Fidan held a phone conversation on Tuesday with his Chinese counterpart Wang Yi to discuss ongoing efforts aimed at de-escalating tensions between Israel and Iran, as well as the worsening humanitarian crisis in Gaza …

Transport Noise Pollution Risks Rise in Europe

Transport Noise Pollution Risks Rise in Europe

(MENAFN) A recent report from the European Environment Agency (EEA), released on Tuesday, reveals that over 110 million people in Europe are exposed to detrimental noise pollution. This exposure is responsible for approximately 66,000 premature deaths each …

UNRWA Confronts USD200M Financial Crisis

UNRWA Confronts USD200M Financial Crisis

(MENAFN) The United Nations agency dedicated to Palestine refugees, UNRWA, is confronting a severe financial crisis, with a $200 million deficit looming through the end of the year. The agency can only ensure its operations remain functional until …

N. Korea Vows Retaliation on U.S. Marking Korean War 75th

N. Korea Vows Retaliation on U.S. Marking Korean War 75th

(MENAFN) North Korea has declared it will exact retaliation against the United States as it observes the 75th anniversary of the Korean War’s eruption, according to media on Wednesday. The day before, rallies took place in Pyongyang featuring students, …

US Intelligence Disputes Trump's Iran Strikes Claims

US Intelligence Disputes Trump's Iran Strikes Claims

(MENAFN) A preliminary evaluation by US intelligence revealed that recent military actions on three Iranian nuclear facilities did not succeed in destroying vital elements of Iran's nuclear program. According to a news agency’s report on Tuesday, the …

PKK terrorist group carries on with its propaganda in Europe

PKK terrorist group carries on with its propaganda in Europe

(MENAFN) According to a new report released Tuesday by the EU’s law enforcement agency, the PKK terror organization maintained its efforts to fundraise, recruit members, and spread propaganda throughout Europe last year. The report, titled The European …

DHS Arrests 11 Iranians in U.S.

DHS Arrests 11 Iranians in U.S.

(MENAFN) The Department of Homeland Security (DHS) announced on Tuesday that it detained 11 Iranian nationals residing in the United States unlawfully, including one individual accused of serving as a sniper in the Iranian military. "DHS has been full …

Canada Posts 1.7 Percent Inflation in May

Canada Posts 1.7 Percent Inflation in May

(MENAFN) Canada’s annual inflation rate remained steady at 1.7% in May, unchanged from April, Statistics Canada reported Tuesday, signaling a pause in momentum as select consumer costs moderated. The national statistics agency noted that year-over-year …

Fear Index Plummets Following Israel-Iran Truce

Fear Index Plummets Following Israel-Iran Truce

(MENAFN) The VIX volatility index, often dubbed the "fear index," plunged 8.72% on Tuesday following US President Donald Trump’s announcement of a ceasefire between Israel and Iran. Trump outlined a phased halt to hostilities, with Iran initiating the …

Colombia Landslide Claims Eight Lives, Injures Five

Colombia Landslide Claims Eight Lives, Injures Five

(MENAFN) A deadly landslide early Tuesday morning claimed the lives of at least eight people and left five others injured in Bello, a municipality located in the Antioquia department of northwestern Colombia, according to local officials. "With deep sorrow …

Ukraine Reports Eleven Dead in Russian Missile Strike

Ukraine Reports Eleven Dead in Russian Missile Strike

(MENAFN) Ukraine reported on Tuesday that a Russian missile attack in the Dnipropetrovsk region has claimed the lives of at least 11 people. “Nine people died in Dnipro as a result of an enemy attack. Two more were killed by Russians in Samar. Thus, the …

Journalist Wins Settlement After ABC Fires Her Over Gaza Post

Journalist Wins Settlement After ABC Fires Her Over Gaza Post

(MENAFN) Australian journalist Antoinette Lattouf has successfully claimed unlawful termination against the public broadcaster ABC, securing an award of AUD $70,000 (approximately $45,511), according to reports on Wednesday. The Federal Court ruled that …

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