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Italy Business News Wire: Press Releases

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Press releases published on May 20, 2025

U.S. Considers Investment in Missile Defense System

U.S. Considers Investment in Missile Defense System

(MENAFN) The Pentagon has outlined a series of proposals for Leader Donald Trump aimed at constructing a comprehensive “Golden Dome” missile and aerial defense network, according to a report released on Monday. The initiative, which is expected to cost …

Trump, Putin Discuss Ukraine Ceasefire

Trump, Putin Discuss Ukraine Ceasefire

(MENAFN) United States Leader Donald Trump stated on Monday that his long-anticipated phone conversation with Russian President Vladimir Putin “went very well,” revealing that both Moscow and Kyiv are expected to “immediately” begin peace discussions …

China Urges U.S. to Lift Chip Export Restrictions

China Urges U.S. to Lift Chip Export Restrictions

(MENAFN) The Chinese Ministry of Commerce has called on the United States to withdraw its export limitations on semiconductors originating from China, particularly those made by Huawei, according to a report from the media. The ministry criticized …

Pro-EU nominee secures Romanian presidential election rerun

Pro-EU nominee secures Romanian presidential election rerun

(MENAFN) Pro-European Bucharest Mayor Nicusor Dan has emerged victorious over conservative rival George Simion in Romania’s presidential election rerun, according to nearly complete official results. With over 99% of the votes counted from Sunday’s runoff, …

Tokyo Stocks See Modest Recovery Amid Tech Surge, Yen Concerns

Tokyo Stocks See Modest Recovery Amid Tech Surge, Yen Concerns

(MENAFN) Tokyo's stock market saw a modest recovery on Tuesday, buoyed by a positive lead from Wall Street overnight. This sparked a buying spree in semiconductor-related companies and major technology players such as Advantest, Tokyo Electron, and Sony …

Supreme Court Approves Trump's Plan to Rescind Venezuelan Migrant Protections

Supreme Court Approves Trump's Plan to Rescind Venezuelan Migrant Protections

(MENAFN) In a significant move, the U.S. Supreme Court on Monday granted the Trump administration's request to rescind protected status for thousands of Venezuelan migrants, potentially paving the way for numerous deportations. The nation's highest court …

Trump states US should never have middled in Ukraine conflict

Trump states US should never have middled in Ukraine conflict

(MENAFN) US President Donald Trump has criticized former President Joe Biden for dragging the United States into the Ukraine conflict, calling the involvement excessive and unnecessary. Speaking at the White House after a phone call with Russian President …

Netanyahu declares Israel will ‘take over all of Gaza’

Netanyahu declares Israel will ‘take over all of Gaza’

(MENAFN) Israeli Prime Minister Benjamin Netanyahu has outlined plans to seize full control of Gaza as part of an extensive military operation against Hamas. The Israel Defense Forces (IDF) launched a large-scale ground offensive, named ‘Gideon’s Chariots …

Ukraine arrests pensioner praising Victory Day

Ukraine arrests pensioner praising Victory Day

(MENAFN) Ukrainian authorities detained an 85-year-old woman, Galina Savchenko, after she laid flowers at Kiev’s Eternal Flame memorial on Victory Day while wearing a Soviet-era military cap featuring a red star—an image banned under Ukraine’s 2015 …

Algiers Threatens Reciprocity After France’s Visa Exemption Breach

Algiers Threatens Reciprocity After France’s Visa Exemption Breach

(MENAFN) Algeria's Foreign Ministry on Monday sharply criticized France, accusing it of a "flagrant breach " of a 2013 agreement that exempts diplomatic passport holders from visa requirements. The ministry warned of a reciprocal response to what it views …

Finnish National Airline Cancels Flights

Finnish National Airline Cancels Flights

(MENAFN) Finnair, Finland's primary airline, has halted 110 scheduled flights in response to a labor stoppage initiated by the aviation workers’ union, according to local news sources on Monday. Approximately 14,000 travelers are expected to be impacted by …

Arab countries denounced suicidal terrorist attack close to military location in Somalia

Arab countries denounced suicidal terrorist attack close to military location in Somalia

(MENAFN) Egypt, Qatar, as well as the United Arab Emirates (UAE) harshly criticized a suicidal terrorist attack that happened on Sunday close to a military location in the Somali capital Mogadishu. Egypt’s Foreign Ministry made a statement condemning the …

Schumer Presents Bill to Bar Trump from Using Qatar’s Jet

Schumer Presents Bill to Bar Trump from Using Qatar’s Jet

(MENAFN) On Monday, U.S. Senate Minority Leader Chuck Schumer introduced a proposal designed to prevent Leader Donald Trump from utilizing a high-end aircraft provided by Qatar as a potential Air Force One. The legislation, labeled the “Presidential …

Zelensky Establishes Permanent Negotiation Team

Zelensky Establishes Permanent Negotiation Team

(MENAFN) Ukraine's Leader Vladimir Zelensky has initiated the formation of a "permanent expanded national negotiating group" after the recent discussions between Russia and Ukraine in Istanbul, Türkiye. This meeting, held last Friday, marked the first …

Trump possibly to approve additional sanctions on Russia

Trump possibly to approve additional sanctions on Russia

(MENAFN) U.S. President Donald Trump is reportedly considering supporting a new sanctions bill against Russia if Moscow fails to make progress in ceasefire negotiations with Ukraine, according to a Bloomberg report citing European sources familiar with the …

Paris-Orly Airport Faces Travel Chaos

Paris-Orly Airport Faces Travel Chaos

(MENAFN) Paris-Orly Airport is anticipated to experience continued disruption for a second straight day on Monday, following a significant failure in its air traffic control systems, according to reports from French media outlets. The incident, which …

UK Opposition Leader Vows to Undo Starmer’s EU Deal

UK Opposition Leader Vows to Undo Starmer’s EU Deal

(MENAFN) During a press briefing on Monday, UK opposition figure Kemi Badenoch expressed her determination to overturn a recent agreement made with the European Union, which had been led by Premier Keir Starmer. She criticized the arrangement as a " …

Musk praises Durov on refusal of French political censorship attempt

Musk praises Durov on refusal of French political censorship attempt

(MENAFN) Elon Musk has voiced his support for Telegram founder Pavel Durov, who claimed he rejected a French government request to censor conservative political content on his platform ahead of Romania’s presidential runoff. Durov revealed on Sunday that a …

Pakistani Climber Achieves Milestone

Pakistani Climber Achieves Milestone

(MENAFN) Sirbaz Khan has etched his name in mountaineering history by becoming the first Pakistani to scale all 14 of the world’s mountains standing over 8,000 meters (26,247 feet) without the aid of supplementary oxygen. This groundbreaking accomplishment …

Microsoft Uncovers Groundbreaking Discovery AI Platform

Microsoft Uncovers Groundbreaking Discovery AI Platform

(MENAFN) At its Build 2025 conference on Monday, tech giant Microsoft announced the launch of Microsoft Discovery, a groundbreaking new platform leveraging agentic artificial intelligence (AI) to "transform the discovery process." Microsoft touts Discovery …

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