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The German Business Report: Press Releases

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Press releases published on April 24, 2025

Australia Eyes Strategic Minerals Reserve: Albanese

Australia Eyes Strategic Minerals Reserve: Albanese

(MENAFN) Australian Prime Minister Anthony Albanese has unveiled a proposal to create a strategic reserve of critical minerals, contingent on his Labor Party winning a second term in the upcoming May 3 general election. Albanese announced on Thursday that …

Public Discontent Rises Over Trump’s Economic Policies

Public Discontent Rises Over Trump’s Economic Policies

(MENAFN) Recent surveys indicate an increasing level of dissatisfaction with U.S. Leader Donald Trump’s economic stewardship. Concerns over climbing inflation, widespread resistance to heightened tariffs, and a bleak outlook regarding a potential economic …

New Delhi examines its very first underwater robot

New Delhi examines its very first underwater robot

(MENAFN) India has successfully tested its first High-Endurance Autonomous Underwater Vehicle (HEAUV), developed by the Naval Science and Technological Laboratory (NSTL) based in Visakhapatnam. The HEAUV underwent trials in a lake, showcasing its ability …

Indian hockey icon shares her heartfelt dream of seeing Indian women’s hockey team win Olympic medal

Indian hockey icon shares her heartfelt dream of seeing Indian women’s hockey team win Olympic medal

(MENAFN) Indian hockey icon Rani Rampal has shared her heartfelt dream of seeing the Indian women’s hockey team win an Olympic medal. In a conversation with actor Anupam Kher on RT’s Let’s Talk Bharat, Rampal reflected on her journey from poverty to …

India unveils ‘Star Wars’-style laser system

India unveils ‘Star Wars’-style laser system

(MENAFN) India has successfully demonstrated its homegrown high-energy laser weapon, joining a select group of nations – including the US, Russia, and China – with the capability to deploy such advanced defense systems, officials announced on Sunday. The …

Turkey, Japan Eye Agreement to Balance Trade

Turkey, Japan Eye Agreement to Balance Trade

(MENAFN) A bilateral economic partnership agreement between Turkey and Japan, aimed at addressing trade imbalances, is still in the works, according to Turkey’s trade minister. Speaking at the Turkey -Japan CEO Round Table Meeting in Tokyo on Thursday, the …

Germany Offers Financial Incentives for Syrians to Return Home

Germany Offers Financial Incentives for Syrians to Return Home

(MENAFN) Germany is providing financial assistance of up to EURO4,000 (USD4,555) per family to motivate Syrians to return to their country. Over 460 individuals have already benefited from these incentives in recent weeks, according to the government. The …

Zelenskyy Partially Cancels South African Visit

Zelenskyy Partially Cancels South African Visit

(MENAFN) Ukrainian Leader Volodymyr Zelenskyy revealed on Thursday that he had decided to reduce his planned schedule during his South African visit due to recent Russian airstrikes on Ukraine. Zelenskyy shared on X, “As of this moment, over 80 people have …

Spain Still Buys Weapons from Israel Despite Suspension Pledge

Spain Still Buys Weapons from Israel Despite Suspension Pledge

(MENAFN) Although Spain's government publicly committed to halting weapons purchases from Israel, the country has reportedly continued to finalize military agreements with Israeli defense firms. Based on a Thursday article in a Spanish newspaper, 40 …

Erdogan Says Turkey Has Enough Capacity to Host Global Sports Events

Erdogan Says Turkey Has Enough Capacity to Host Global Sports Events

(MENAFN) Leader Recep Tayyip Erdogan declared on Thursday that Turkey possesses ample capability to organize a wide range of international athletic competitions, including the Olympic Games. He delivered this message during the inauguration of the new UEFA …

South Korea Accuses DeepSeek of Unauthorized Data Transfers

South Korea Accuses DeepSeek of Unauthorized Data Transfers

(MENAFN) On Thursday, South Korea's state data protection authority accused the Chinese artificial intelligence (AI) service, DeepSeek, of unlawfully transferring Korean users' personal information to multiple companies in both China and the United States. …

Turkey, Japan Work Towards Balancing Trade Deals

Turkey, Japan Work Towards Balancing Trade Deals

(MENAFN) The Turkish trade minister revealed on Thursday that negotiations are still ongoing for an economic partnership agreement between Turkey and Japan, aiming to reduce the existing imbalance in their bilateral trade. Speaking at the Turkey-Japan CEO …

LG Electronics Misses Profit Estimates Despite Strong B2B Growth

LG Electronics Misses Profit Estimates Despite Strong B2B Growth

(MENAFN) LG Electronics reported lower-than-expected profits for the first quarter of the year, despite strong performances in its business-to-business (B2B) sectors, particularly in vehicle components and air conditioning, the company announced Thursday. …

US Judge Blocks Deportation of Palestinian Student

US Judge Blocks Deportation of Palestinian Student

(MENAFN) A Palestinian university student who was apprehended earlier this month during a naturalization process must remain within the borders of Vermont for a minimum of 90 days while his attorneys work to secure his release, based on a report by the …

Trump Criticizes Recent Russian Strikes on Kyiv

Trump Criticizes Recent Russian Strikes on Kyiv

(MENAFN) United States Leader Donald Trump expressed his disapproval of the recent Russian airstrikes on Kyiv, stating that they were "not necessary" and had "very bad timing." He urged Russian Leader Vladimir Putin to halt the attacks and posted on social …

Russia’s Yuri Gagarin welcomed in Indian capital

Russia’s Yuri Gagarin welcomed in Indian capital

(MENAFN) A commemorative plaque of Yuri Gagarin, the first human to journey into space, was unveiled at the Russian House in New Delhi on Saturday to celebrate the International Day of Human Space Flight, marked every year on April 12. The plaque depicts …

Russia, India talk about methods to increase trade beyond USD100bn

Russia, India talk about methods to increase trade beyond USD100bn

(MENAFN) India and Russia are looking for new ways to strengthen their strategic partnership, focusing on expanding their trade ties beyond $100 billion over the next five years. This goal was emphasized during a high-level conference in Moscow titled …

Turkey Warns Against Undermining Ties with Turkic World

Turkey Warns Against Undermining Ties with Turkic World

(MENAFN) On Thursday, Turkish Foreign Minister Hakan Fidan cautioned that attempts to weaken the bond between Turkey and the Turkic world would ultimately fail. He made these remarks during a joint press briefing with Norwegian Foreign Minister Espen Barth …

China Dismisses Claims of Tariff Talks with U.S.

China Dismisses Claims of Tariff Talks with U.S.

(MENAFN) China dismissed reports of ongoing discussions with the United States over tariffs on Thursday, just one day after President Donald Trump mentioned that talks were underway to resolve the trade dispute. "As far as I know, China and the US have not …

NOAA Reports Largest Coral Bleaching Event in History

NOAA Reports Largest Coral Bleaching Event in History

(MENAFN) The world’s coral reefs are undergoing the fourth and most severe global bleaching event ever recorded, as per the latest data from the U.S. National Oceanic and Atmospheric Administration (NOAA). From January 2023 to April 2025, 83.7% of the …

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