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The German Business Report: Press Releases

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Press releases published on April 10, 2025

Explosion in Afghanistan Strikes Police Headquarters in Kandahar

Explosion in Afghanistan Strikes Police Headquarters in Kandahar

(MENAFN) On Thursday, a powerful explosion occurred at an aging ammunition depot in Afghanistan's southern city of Kandahar, sending shockwaves through the nearby police headquarters. The blast, which took place at a military facility, significantly …

Authorities release French mayor after police custody in embezzlement investigation

Authorities release French mayor after police custody in embezzlement investigation

(MENAFN) Lyon Mayor Gregory Doucet was released on Wednesday following police custody as part of an ongoing investigation into the alleged embezzlement of public funds, according to a report. Doucet, a member of the Greens party, was questioned by the …

US plans on pulling out 10,000 troops from Eastern Europe

US plans on pulling out 10,000 troops from Eastern Europe

(MENAFN) The US is contemplating the withdrawal of up to 10,000 troops from Eastern Europe, according to NBC News, citing unnamed sources. This potential move comes as President Donald Trump engages in negotiations with Russia to settle the Ukraine …

Trump claims US possesses secret arms

Trump claims US possesses secret arms

(MENAFN) President Donald Trump has boasted about the United States' advanced and undisclosed weaponry in response to concerns that his escalating trade war with China could intensify. Following a recent decision to increase tariffs on Chinese goods to …

Moscow ranks second in world-wide billionaire rankings

Moscow ranks second in world-wide billionaire rankings

(MENAFN) Moscow has risen to second place among the world’s top cities for billionaires, surpassing Hong Kong, according to the latest Forbes World’s Billionaires List. The Russian capital now hosts 90 billionaires whose combined wealth totals $409 billion …

Delta Air Lines withdraws 2025 forecast amid tariff concerns

Delta Air Lines withdraws 2025 forecast amid tariff concerns

(MENAFN) Delta Air Lines announced on Wednesday that it is withdrawing its full-year 2025 financial guidance, attributing the decision to the increasing impact of U.S. President Donald Trump's tariffs on both consumer and business spending. In a statement, …

Indian central bank reduces rates as international trade conflict escalates

Indian central bank reduces rates as international trade conflict escalates

(MENAFN) India's central bank has reduced its key interest rate for the second time this year, cutting the repo rate by 0.25 basis points to 6.00%. This move is aimed at reducing borrowing costs for both businesses and consumers, thereby stimulating …

ICJ hearings on Israel's Palestinian obligations attract 40 States

ICJ hearings on Israel's Palestinian obligations attract 40 States

(MENAFN) The International Court of Justice (ICJ) announced on Wednesday that representatives from 40 states and four international organizations intend to participate in upcoming public hearings concerning Israel's obligations in the occupied Palestinian …

Situation between the US, Israel, Iran rapidly escalates

Situation between the US, Israel, Iran rapidly escalates

(MENAFN) The situation between the US, Israel, and Iran is rapidly escalating, with military action now a real possibility. Israeli sources suggest that the US and Israel could launch strikes against Iran in the coming weeks, driven by concerns over Tehran …

IMF markdowns Trump tariff recession hazard

IMF markdowns Trump tariff recession hazard

(MENAFN) International Monetary Fund (IMF) chief Kristalina Georgieva has stated that while President Donald Trump’s sweeping tariff plans are creating global economic uncertainty and weakening investor and consumer confidence, they are unlikely to trigger …

Tesla shares surge following Trump’s tariff suspension announcement

Tesla shares surge following Trump’s tariff suspension announcement

(MENAFN) Shares of US-based electric vehicle manufacturer Tesla experienced a significant surge of 22.69% at the close of trading on Wednesday. This dramatic increase followed an announcement by President Donald Trump of a 90-day pause on reciprocal …

US Treasury says to tariff-struck countries ‘sit back and take it in’

US Treasury says to tariff-struck countries ‘sit back and take it in’

(MENAFN) US Treasury Secretary Scott Bessent has called on America's trading partners not to retaliate against President Donald Trump's newly announced tariffs, warning that countermeasures could spark a broader trade conflict. Speaking to Fox News on …

German FM urges for iPhone update tax

German FM urges for iPhone update tax

(MENAFN) German Foreign Minister Annalena Baerbock has proposed imposing a fee on iPhone software updates as a potential response to the new tariffs announced by US President Donald Trump on EU goods. This suggestion comes after Trump revealed plans to …

Iran requests US ‘goodwill gesture’ before probable straight discussions

Iran requests US ‘goodwill gesture’ before probable straight discussions

(MENAFN) Iran has expressed the need for a tangible goodwill gesture from the United States before engaging in direct talks, as reported by Reuters on Tuesday. According to sources, Iranian officials are demanding actions such as lifting certain sanctions …

Media reports UK braces for fresh US tariffs

Media reports UK braces for fresh US tariffs

(MENAFN) The UK government is bracing for a new round of US tariffs expected to be announced by President Donald Trump later this week, according to multiple media reports. Though specific details remain unclear, estimates from Britain’s Office for Budget …

Ex-top Ukrainian general voices remarks on US ‘secret weapon’ against Russia

Ex-top Ukrainian general voices remarks on US ‘secret weapon’ against Russia

(MENAFN) Valery Zaluzhny, the former commander-in-chief of the Ukrainian army, referred to the US command center in Wiesbaden, Germany, as a "secret weapon" in the fight against Russia, though he minimized the level of direct US involvement in the conflict …

Pentagon director praises first USD1 trillion defense budget

Pentagon director praises first USD1 trillion defense budget

(MENAFN) U.S. Defense Secretary Pete Hegseth has praised President Donald Trump’s proposed $1 trillion defense budget, calling it a major step toward increasing the military’s combat power. Trump unveiled the record-setting budget during a White House …

Moscow affirms fresh Russia-US discussions

Moscow affirms fresh Russia-US discussions

(MENAFN) Russia’s Foreign Ministry has confirmed that a new round of diplomatic talks between Moscow and Washington will be held in Istanbul, Türkiye, in the coming days. These discussions aim to improve bilateral relations and address ongoing issues …

Ukrainian-born congresswoman claims Telegraph is being untruthful

Ukrainian-born congresswoman claims Telegraph is being untruthful

(MENAFN) Ukrainian-born Republican Congresswoman Victoria Spartz has accused the Daily Telegraph of misrepresenting her comments regarding Ukraine’s potential territorial concessions to Russia. Spartz claimed that the newspaper may have been influenced by …

US journalist claims country ‘just lost a war with Russia’

US journalist claims country ‘just lost a war with Russia’

(MENAFN) US journalist Tucker Carlson has stated that America has "lost a war" with Russia regarding the conflict in Ukraine, claiming that US officials are too arrogant to acknowledge this defeat. In an interview with Alex Jones, Carlson argued that …

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