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Press releases published on July 8, 2025

Japan PM expresses disapproval of US latest tariff move

Japan PM expresses disapproval of US latest tariff move

(MENAFN) Japan's Prime Minister Shigeru Ishiba on Tuesday expressed strong disapproval of the United States’ latest tariff move, describing President Donald Trump’s decision to impose a 25% levy on Japanese goods as "truly regrettable." He pledged that the …

Russian Authorities Warn of Spy Operation

Russian Authorities Warn of Spy Operation

(MENAFN) Russian officials have raised serious concerns about what they allege is an intelligence-collecting operation concealed behind a patriotic photography competition, reportedly orchestrated by foreign espionage agencies. A counter-disinformation …

Tragic Train-School Van Collision Kills Three Children in India

Tragic Train-School Van Collision Kills Three Children in India

(MENAFN) In Tamil Nadu’s Cuddalore district, a tragic collision occurred when a passenger train struck a school van trying to cross a manned railway level crossing. The deadly incident claimed the lives of at least three children and left six others …

Big Tech Firms Lay off 72,000 Employees in 2025

Big Tech Firms Lay off 72,000 Employees in 2025

(MENAFN) The world’s leading technology firms, despite being the most valuable globally, slashed a total of 72,000 jobs in the first half of 2025, according to figures from the Layoffs.fyi website, aggregated by media. The pace of job cuts has eased …

Mercedes-Benz Sales See 9 Percent Drop

Mercedes-Benz Sales See 9 Percent Drop

(MENAFN) German automaker Mercedes-Benz Group saw a significant 9% drop in vehicle sales during the second quarter compared to the same period last year, a decline largely attributed to the disruption caused by international tariff policies. On Monday, …

Syria calls for investment to help revive nation’s damaged infrastructure

Syria calls for investment to help revive nation’s damaged infrastructure

(MENAFN) Syria's energy minister Mohammed al-Bashir on Monday made a public appeal for investment to help revive the country's severely damaged energy infrastructure. "It is no secret that we are facing enormous challenges in the energy sector, foremost …

South African Leader responses to Trump’s comments on BRICS

South African Leader responses to Trump’s comments on BRICS

(MENAFN) South African President Cyril Ramaphosa on Monday responded firmly to remarks made by U.S. President Donald Trump, who recently warned of a 10% tariff on countries aligning with what he called the “anti-American policies” of the BRICS group. …

UAE Leader talks with Syria’s Leader to establish cooperation

UAE Leader talks with Syria’s Leader to establish cooperation

(MENAFN) UAE President Sheikh Mohamed bin Zayed Al Nahyan met on Monday with visiting Syrian leader Ahmed Al-Sharaa to explore avenues for expanding cooperation between their two nations, according to official reports. The meeting focused on boosting …

Russian General Gets 17-Year Sentence for Fraud, Bribery

Russian General Gets 17-Year Sentence for Fraud, Bribery

(MENAFN) A Russian military court on Monday handed down a 17-year sentence to Colonel General Khalil Arslanov, the ex-deputy chief of the General Staff of Russia’s Armed Forces, for major fraud and bribery, according to local news reports. The 235th …

Brazilian President Calls for Immediate Action on Gaza Genocide

Brazilian President Calls for Immediate Action on Gaza Genocide

(MENAFN) Brazilian President Luiz Inacio Lula da Silva issued a powerful call for international intervention on Sunday, condemning Israel’s actions in Gaza and warning that the world cannot turn a blind eye to what he described as a genocide. Addressing …

Activists Start Hunger Strike in Belgium, Demand Israel Ties End

Activists Start Hunger Strike in Belgium, Demand Israel Ties End

(MENAFN) On Monday, a coalition of activists initiated a hunger strike in Ghent, Belgium, protesting the Belgian government’s ongoing relations with Israel and standing in solidarity with the Palestinian population. The strike, organized by the Saint …

CODI FINAL DEADLINE ALERT: Hagens Berman Alerts Compass Diversified (CODI) Investors to Today’s Lead Plaintiff Deadline in Securities Class Action

CODI FINAL DEADLINE ALERT: Hagens Berman Alerts Compass Diversified (CODI) Investors to Today’s Lead Plaintiff Deadline in Securities Class Action

SAN FRANCISCO, July 08, 2025 (GLOBE NEWSWIRE) -- After hours on June 25, 2025, Connecticut-based private equity firm Compass Diversified (NYSE: CODI) filed a report with the SEC warning investors not to rely on previously issued financial statements for …

E-Commerce Market Size Hits USD 21.62 Tn in 2025 On Track for USD 75.12 Tn by 2034

E-Commerce Market Size Hits USD 21.62 Tn in 2025 On Track for USD 75.12 Tn by 2034

Ottawa, July 08, 2025 (GLOBE NEWSWIRE) -- The worldwide e-commerce market size was valued at $18.77 trillion in 2024 and is expected to reach $75.12 trillion by 2034, according to Precedence Research. This surge is primarily driven by AI-powered …

South Korean households witness increases in surplus funds

South Korean households witness increases in surplus funds

(MENAFN) South Korean households saw a continued rise in their surplus funds for the third straight quarter, driven largely by increased holdings in deposits and securities, according to recent data from the country’s central bank. Reports revealed that …

Xi honors Chinese martyrs in Japanese battle

Xi honors Chinese martyrs in Japanese battle

(MENAFN) While on an inspection tour of Yangquan in northern China’s Shanxi Province on Monday, Chinese President Xi Jinping paid his respects to those who sacrificed their lives during a significant battle in China’s resistance against Japanese aggression …

Chinese Firms Accelerate Overseas Mine Acquisitions

Chinese Firms Accelerate Overseas Mine Acquisitions

(MENAFN) Chinese corporations are purchasing more mining assets abroad than they have in over ten years, aiming to secure vital raw materials as Western nations impose limitations on their investments, a news outlet has revealed. Last year saw the signing …

UK witnesses water shortages due to outdated infrastructure

UK witnesses water shortages due to outdated infrastructure

(MENAFN) The United Kingdom is on the verge of implementing water rationing due to prolonged mismanagement and outdated infrastructure, the country’s environment minister has revealed. In a recent interview, Steve Reed highlighted that the UK might soon …

Lula Warns About NATO’s Military Spending Push

Lula Warns About NATO’s Military Spending Push

(MENAFN) Brazilian President Luiz Inacio Lula da Silva has criticized NATO for intensifying a worldwide arms race by advocating substantial rises in defense budgets. Last month, the US-led military alliance approved a plan to boost its defense expenditure …

Brazilian Leader Slams Foreign Interference in Nation’s Internal Politics

Brazilian Leader Slams Foreign Interference in Nation’s Internal Politics

(MENAFN) On Monday, Brazilian President Luiz Inacio Lula da Silva strongly denounced attempts by foreign powers to meddle in Brazil’s internal politics. This response came after U.S. President Donald Trump publicly called on Brazilian officials to stop …

Trump says Musk went “off the rails” with his new political idea

Trump says Musk went “off the rails” with his new political idea

(MENAFN) U.S. President Donald Trump has brushed aside Elon Musk’s recent threats to launch a third political party, dismissing the move as unrealistic and damaging. "I'm saddened to watch Elon Musk go completely 'off the rails,' essentially becoming a …

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