Browse our comprehensive archive of press releases by date.
Select a specific day to access all press releases published on The German Business Report.
May 2025
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June 2025
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July 2025
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Press releases published on July 1, 2025
Court Suspends Thailand's PM After Leaked Call
MENAFN
·
July 1, 2025
(MENAFN) Thailand's Constitutional Court has temporarily suspended Prime Minister Paetongtarn Shinawatra following the revelation of a leaked phone call connected to a border dispute with Cambodia, according to media. The court moved forward with charges …
U.S., Canada Restart Trade Negotiations
MENAFN
·
July 1, 2025
(MENAFN) In a significant breakthrough, Kevin Hassett, top economic advisor to US President Donald Trump, confirmed on Monday that trade discussions with Canada are "immediately" restarting following Canada's decision to halt its controversial digital …
Trump Criticizes Musk Over EV Subsidies
MENAFN
·
July 1, 2025
(MENAFN) US President Donald Trump once again targeted his former ally Elon Musk on Tuesday, asserting that the billionaire would “head back home to South Africa” if financial incentives for electric vehicles were withdrawn. Trump stated on social media …
China Says Resolving India Border Dispute "Complicated"
MENAFN
·
July 1, 2025
(MENAFN) China acknowledged Monday that resolving its longstanding border dispute with India remains a "complicated" issue that will require significant time, while emphasizing the importance of ongoing diplomatic channels. This statement came in response …
Taiwan Fines Meta Over Ad Transparency Failures
MENAFN
·
July 1, 2025
(MENAFN) Taiwan's Ministry of Digital Affairs (MODA) has imposed a monetary penalty of NT$15 million (equivalent to USD512,324) on Meta Platforms Inc., the corporate owner of Facebook, due to what officials described as “inadequate transparency” in …
US, Israel, Syria Enter Early-Stage Talks
MENAFN
·
July 1, 2025
(MENAFN) The United States has initiated "preliminary discussions" with both Israel and Syria regarding a potential security arrangement, according to information provided by American and Israeli representatives, a news agency reported on Monday. A high- …
Taiwan Slaps Meta with Hefty Fine for Ad Transparency Failures
MENAFN
·
July 1, 2025
(MENAFN) Taiwan's Ministry of Digital Affairs (MODA) has imposed a hefty fine of NT$15 million ($512,324) on Meta Platforms Inc., the parent company of Facebook, for failing to meet transparency standards regarding information on advertisers, media …
Two Rockets Slam into Kirkuk Airbase in Iraq
MENAFN
·
July 1, 2025
(MENAFN) Two rockets slammed into the Kirkuk airbase in northern Iraq late Monday, sparking concern but fortunately causing no injuries or damage, according to a report from a local news agency. A senior security official, speaking to the agency, revealed …
Thailand’s Constitutional Court Suspends Premier
MENAFN
·
July 1, 2025
(MENAFN) Thailand’s Constitutional Court on Tuesday temporarily halted Prime Minister Paetongtarn Shinawatra from her duties following the emergence of a leaked audio recording connected to an ongoing border disagreement with Cambodia, according to reports …
U.S. Reveals USD510M Munitions Shipment to Israel
MENAFN
·
July 1, 2025
(MENAFN) The U.S. State Department revealed on Monday that it has authorized a $510 million sale of advanced munitions guidance kits and supporting services to Israel. The potential deal includes 3,845 KMU-558B/B Joint Direct Attack Munition (JDAM) kits …
British foreign security acknowledges Turkey’s role in pushing regional stability
MENAFN
·
July 1, 2025
(MENAFN) British Foreign Secretary David Lammy acknowledged Türkiye's significant role in promoting regional stability and pushing for peace in the Russia-Ukraine conflict during a visit to Ankara on Monday. He emphasized Türkiye’s proactive stance in …
Egypt Holds Talks with Iran's Foreign Minister, IAEA Chief
MENAFN
·
July 1, 2025
(MENAFN) On Monday, Egyptian Foreign Minister Badr Abdelatty engaged in critical discussions with Iranian Deputy Foreign Minister Seyed Abbas Araghchi and International Atomic Energy Agency (IAEA) Director General Rafael Grossi, focusing on the ongoing …
Trump Threatens Japan with Higher Tariffs Over Rice Shortage
MENAFN
·
July 1, 2025
(MENAFN) US President Donald Trump announced on Monday that Japan will soon be expected to take "our rice" as part of new trade conditions. He revealed that a formal letter would be sent to Japan outlining new tariff measures aimed at slapping higher …
European Stocks Dip as U.S.-EU Trade Talks Heat Up
MENAFN
·
July 1, 2025
(MENAFN) European stock markets ended Monday on a downbeat note, with Italy being the only exception, as investors remained fixated on the ongoing US-EU trade talks. The pan-European Stoxx Europe 600 index dropped by 0.42%, or 2.26 points, closing at 541. …
Orlen Ends All Russian Oil Imports
MENAFN
·
July 1, 2025
(MENAFN) Poland's second-largest publicly traded corporation, Orlen, has officially ceased all oil purchases from Russia, marking the termination of its last contract with the Russian energy giant Rosneft. As reported by a news agency, the state-owned …
Chinese Baidu Unveils "Ernie" as Open-Source AI Model
MENAFN
·
July 1, 2025
(MENAFN) In a bold move to intensify global competition in artificial intelligence, Chinese tech giant Baidu revealed on Monday that it will open-source its advanced AI language model, Ernie, according to media. Baidu explained to media that its decision …
North Korean Military Delegation Heads to Russia
MENAFN
·
July 1, 2025
(MENAFN) A group from North Korea’s top military academy has departed for Russia as defense ties between the two nations deepen, according to reports from state media on Tuesday. The delegation, led by Kim Kum-chol, the president of Kim Il Sung Military …
LNG Canada Launches Operations with First Cargo of LNG
MENAFN
·
July 1, 2025
(MENAFN) LNG Canada officially launched operations on Monday by loading its inaugural shipment of liquefied natural gas (LNG), marking a significant milestone as the nation’s first major LNG export terminal goes live. Located in Kitimat, British Columbia, …
Artists Call on UK Government to Reconsider Ban on Palestine Action
MENAFN
·
July 1, 2025
(MENAFN) In an urgent appeal on Monday, more than 400 cultural figures, including renowned musicians and artists, called on the British government to reconsider its plan to outlaw Palestine Action and halt its support for Israel. The group’s open letter …
North Korean Military Delegation Embark on Russia Trip
MENAFN
·
July 1, 2025
(MENAFN) A high-level delegation from North Korea’s premier military institution has embarked on a trip to Russia, signaling a further deepening of defense cooperation between the two nations, according to state media on Tuesday. The group, led by Kim Kum- …