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Press releases published on June 2, 2025
Global Airline Profits Climb in 2025 Despite Persistent Challenges
MENAFN
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June 2, 2025
(MENAFN) The International Air Transport Association (IATA) announced on Monday that global airline profits are poised to reach $36 billion in 2025, representing an 11.1% increase from the previous year, despite persistent challenges such as geopolitical …
Raids by more than 100 Ukrainian drones prevented instantly
MENAFN
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June 2, 2025
(MENAFN) Russian air defenses intercepted 104 Ukrainian drones overnight, according to a Saturday statement from the Russian Defense Ministry. The Belgorod Region was the hardest hit, with 74 drones destroyed, while another 24 were taken down over Bryansk …
South Korea Telecom Firm Loses Over Half Million Subscribers
MENAFN
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June 2, 2025
(MENAFN) A major cybersecurity incident at South Korea's top telecommunications company, SK Telecom (SKT), has triggered a significant customer exodus, as reported by a news agency on Monday. In May alone, close to one million users decided to switch to …
Russian army hits drone-making plant in Kiev
MENAFN
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June 2, 2025
(MENAFN) Russia’s Defense Ministry announced on Saturday that its military successfully targeted a defense manufacturing facility in Kiev responsible for producing drones and missiles. The strike, carried out using precision ground-launched weapons and …
Iran Dismisses New US Nuclear Proposal
MENAFN
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June 2, 2025
(MENAFN) An Iranian insider, well-acquainted with the ongoing discussions, has described the latest American initiative for a renewed nuclear pact with Iran as unacceptable. The United States recently conveyed its position in a formal communication to …
Putin criticizes ‘barbaric treatment’ of Russian culture
MENAFN
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June 2, 2025
(MENAFN) Russian President Vladimir Putin has condemned what he described as unprecedented and barbaric assaults on Russian culture abroad during a meeting with Patriarch Kirill, head of the Russian Orthodox Church. He expressed gratitude to the patriarch …
Moscow states Kiev’s drone raids goal is to ruin peace procedure
MENAFN
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June 2, 2025
(MENAFN) The Russian Foreign Ministry has accused Ukraine of escalating drone strikes on civilian targets within Russia to disrupt ongoing peace negotiations. Moscow described these attacks as “terrorist acts” carried out by Ukraine’s “party of war” aimed …
Uzbekistan Nears Joining WTO After Finalizing Deal with UK
MENAFN
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June 2, 2025
(MENAFN) Uzbekistan has wrapped up bilateral trade negotiations with the United Kingdom as part of its ongoing efforts to join the World Trade Organization (WTO), according to Azizbek Urunov, the Uzbek president’s special envoy on WTO matters. Urunov made …
Australia Confronts Major Economic Setback from 2025 Natural Disasters
MENAFN
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June 2, 2025
(MENAFN) Australia is confronting an estimated immediate economic setback of $2.2 billion caused by natural disasters occurring so far in 2025, according to a report released on Monday. Preliminary figures from the March quarter reveal that several natural …
Osaka Murder-Suicide Unfolds: Four Discovered Dead Including Two Toddlers
MENAFN
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June 2, 2025
(MENAFN) In Osaka Prefecture, western Japan, authorities discovered four fatalities on Monday in an incident believed to be a murder-suicide, according to local news sources. Emergency services were alerted at approximately 6:20 a.m. local time after …
Trump Accuses China of Violating Trade Deal
MENAFN
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June 2, 2025
(MENAFN) United States Leader Donald Trump has claimed that China has broken the terms of a recently established tariff arrangement, potentially reigniting friction in the already delicate trade ceasefire between the globe’s two most powerful economies. …
Syria Resumes Al-Arida Crossing Operations to Streamline Eid Travel
MENAFN
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June 2, 2025
(MENAFN) On Sunday evening, Syrian officials declared that the Al-Arida border crossing with Lebanon will resume operations on Tuesday morning, just in time for the Eid al-Adha celebrations. The Land and Sea Ports General Authority of Syria stated, “We …
Top Zelensky aide states Ukraine ‘can’t afford’ it if US withdraws from war
MENAFN
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June 2, 2025
(MENAFN) Ukraine cannot afford to lose military assistance from the United States in its ongoing conflict with Russia, Mikhail Podoliak, an adviser to President Vladimir Zelensky, told French outlet Le Point on Friday. He emphasized that US aid remains “ …
Airline Industry Forecasts Record Profits, Passenger Growth
MENAFN
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June 2, 2025
(MENAFN) Global airline earnings are projected to surge to USD36 billion in 2025, reflecting an 11.1 percent annual rise, according to the International Air Transport Association (IATA). This optimistic forecast comes in spite of continued strains from …
Tokyo Stocks Plummet Amid Trump’s Tariff Hike
MENAFN
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June 2, 2025
(MENAFN) Tokyo’s stock market declined on Monday, weighed down by investor unease over inconsistent U.S. trade policies following President Donald Trump's surprise decision to double tariffs on imported steel and aluminum. Japan’s primary stock barometer, …
Lavrov states Ukraine’s drone attacks stimulated by EU elites
MENAFN
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June 2, 2025
(MENAFN) Russian Foreign Minister Sergey Lavrov accused key Western supporters of Ukraine—specifically the UK, France, Germany, and the EU leadership—of encouraging recent Ukrainian drone strikes on Russian territory. Speaking at a Q…
International cyberbattle champions receive prizes at hack fest in Moscow
MENAFN
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June 2, 2025
(MENAFN) A Ukrainian drone strike has destroyed the dome of the historic St. Nicholas Cathedral in Russia’s Tula Region during a large-scale UAV assault overnight on Saturday, according to regional governor Dmitry Milyaev. The attack targeted the village …
Asian security representatives plan on convening in Moscow
MENAFN
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June 2, 2025
(MENAFN) Delegation leaders from the Association of Southeast Asian Nations (ASEAN) are set to gather informally in Moscow from May 27 to 29 during an international security summit hosted by Russia. This marks their fifth such meeting focused on …
Iraq Launches Major Gas, Oil Tech Exhibition
MENAFN
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June 2, 2025
(MENAFN) Iraq launched a major oil and gas technology exhibition on Sunday, drawing participation from 66 leading energy companies worldwide. The high-profile opening ceremony saw attendance from top Iraqi government figures, foreign diplomats, and …
Commander reveals Putin’s helicopter was caught in Ukrainian drone swarm
MENAFN
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June 2, 2025
(MENAFN) During Russian President Vladimir Putin’s visit to the Kursk Region earlier this week, his helicopter was caught in the middle of a large-scale Ukrainian drone assault, revealed Yury Dashkin, an air defense division commander. Putin traveled to …