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Italy Business News Wire: Press Releases

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Press releases published on June 4, 2025

South Korea’s New President Announces Cabinet Appointments

South Korea’s New President Announces Cabinet Appointments

(MENAFN) South Korea’s freshly elected President Lee Jae-myung announced his first Cabinet nomination on Wednesday by appointing his chief campaign advisor Kim Min-seok as prime minister. This decision came just hours after Lee took his oath of office. At …

China Says South Korea Ties Must Be Free from “Third Party” Influence

China Says South Korea Ties Must Be Free from “Third Party” Influence

(MENAFN) China emphasized on Wednesday that its relationship with South Korea must remain unaffected by “Third Party” influences as President Lee Jae-myung begins his five-year term, according to state media. “The driving force behind the development of …

UK Experiences Driest Spring in Decades

UK Experiences Driest Spring in Decades

(MENAFN) The United Kingdom has undergone its hottest spring ever documented, coupled with the least rainfall in over fifty years, according to preliminary data released Monday. Statistics from the Met Office, the nation's official weather service, …

Farmers fight AI over China’s rice fields

Farmers fight AI over China’s rice fields

(MENAFN) Beneath the warm June sunshine, vibrant rice paddies spread across the "Tianfu granary" demonstration area in Chongzhou, situated in southwest China’s Sichuan Province. Here, an ambitious agricultural experiment is underway. As the second round of …

UK Services Sector Sees Slight Rebound in May

UK Services Sector Sees Slight Rebound in May

(MENAFN) The British services sector experienced a modest rebound in May, recovering from April’s record-low performance, according to figures released Wednesday by S…

Hungarian PM says Ukraine would drain EU resources

Hungarian PM says Ukraine would drain EU resources

(MENAFN) Ukraine would be a huge drain on EU resources if it became a member of the bloc, Hungarian Prime Minister Viktor Orban has warned. He accused officials in Brussels of attempting to force the issue despite the cost. Orban, a long-standing opponent …

Trump Revokes Emergency Abortion Rule

Trump Revokes Emergency Abortion Rule

(MENAFN) The United States government declared on Tuesday that it has rescinded a regulation established by the Biden administration. This rule had obligated hospitals to offer emergency abortions to pregnant individuals experiencing life-threatening …

Israel warns of aid centers becoming ‘combat zones’

Israel warns of aid centers becoming ‘combat zones’

(MENAFN) Gaza’s aid distribution centers were set to remain closed on Wednesday, following announcements by the Israeli military that roads to these sites would be treated as “combat zones.” According to reports, the Gaza Humanitarian Foundation (GHF), an …

U.S. Light Vehicle Sales See Sharpest Decline in Nearly Five Years

U.S. Light Vehicle Sales See Sharpest Decline in Nearly Five Years

(MENAFN) U.S. light vehicle sales saw their steepest decline in May in nearly five years, following a rush by consumers in the previous months to make purchases ahead of expected price hikes triggered by President Donald Trump’s tariffs on imported …

Iran’s Supreme Leader Defies U.S., Pledges to Continue Nuclear Enrichment

Iran’s Supreme Leader Defies U.S., Pledges to Continue Nuclear Enrichment

(MENAFN) Iran’s Supreme Leader Ayatollah Ali Khamenei firmly rejected on Wednesday the United States’ demands to cease nuclear enrichment, declaring the process indispensable to Tehran’s nuclear program. Speaking at a ceremony in Tehran commemorating the …

U.S. Light Vehicle Sales See Sharpest Decline in Nearly Five Years

U.S. Light Vehicle Sales See Sharpest Decline in Nearly Five Years

(MENAFN) U.S. light vehicle sales saw their steepest decline in May in nearly five years, following a rush by consumers in the previous months to make purchases ahead of expected price hikes triggered by President Donald Trump’s tariffs on imported …

Khamenei Defies U.S. Demands on Nuclear Enrichment

Khamenei Defies U.S. Demands on Nuclear Enrichment

(MENAFN) Iran's Supreme Leader, Ayatollah Ali Khamenei, firmly opposed American appeals to cease uranium enrichment on Wednesday, emphasizing that the activity is a fundamental element of Iran’s nuclear initiative. Speaking during a commemoration in Tehran …

Trump Describes Xi as ‘Very Tough’

Trump Describes Xi as ‘Very Tough’

(MENAFN) United States Leader Donald Trump characterized Chinese President Xi Jinping as “VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH” in a message posted on Truth Social this past Wednesday. “I like President XI of China, always have, and always …

Trump Calls Xi ' VERY Tough' as Trade Talks Loom

Trump Calls Xi ' VERY Tough' as Trade Talks Loom

(MENAFN) In a post on Truth Social on Wednesday, U.S. President Donald Trump labeled Chinese President Xi Jinping as “VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH." “I like President XI of China, always have, and always will,” Trump remarked. “But he …

US Education Secretary Encounters Criticism

US Education Secretary Encounters Criticism

(MENAFN) US Education Secretary Linda McMahon encountered backlash on Tuesday regarding the financial support provided to Harvard University. During her appearance before the Senate Appropriations Committee, McMahon outlined that her department’s fiscal …

Ukrainian arms do not level up to Russian weapons

Ukrainian arms do not level up to Russian weapons

(MENAFN) The head of the Communications Department for Ukraine’s Air Force, Yury Ignat, has acknowledged that the modern Russian jets and their missile systems outclass the Western-supplied F-16 fighters now in Ukraine’s possession. After Washington …

EU gives power to undeserving officials

EU gives power to undeserving officials

(MENAFN) Despite securing 85 seats in the current German parliament, the Greens haven’t exactly proven themselves indispensable to Friedrich Merz’s new establishment coalition with the Christian Democrats, functioning about as well as a vegan buffet at …

Fierce Clash in Philippine Kills Four Suspected Rebels

Fierce Clash in Philippine Kills Four Suspected Rebels

(MENAFN) Four suspected rebels lost their lives during a confrontation with government forces in Northern Samar province, central Philippines, the Philippine military announced Wednesday. The military report revealed that the fatalities were among …

Russian Court Imposes Ban on Video Game Publisher Lesta

Russian Court Imposes Ban on Video Game Publisher Lesta

(MENAFN) A Russian court has imposed a ban on the operations of video game publisher Lesta, accusing its owners of backing Ukraine’s armed forces, according to media reports. This marks the first time Russia has taken such legal action against a gaming …

Russian Drone destroys Ukrainian Naval Drone

Russian Drone destroys Ukrainian Naval Drone

(MENAFN) Footage released by Russian drone operators shows a successful strike against a Ukrainian unmanned naval vessel during an attempted attack on the Crimean Bridge on Tuesday. The Security Service of Ukraine (SBU) has claimed responsibility for the …

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