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The German Business Report: Press Releases

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Press releases published on April 29, 2025

India places steel duty due to concerns of Chinese ‘dumping’

India places steel duty due to concerns of Chinese ‘dumping’

(MENAFN) India has introduced a 12% duty on steel imports to counter a significant rise in low-cost shipments from countries like China, the Finance Ministry in New Delhi announced on Monday. Safeguard duties are typically implemented when domestic …

Portugal Gradually Recovers from Widespread Blackout

Portugal Gradually Recovers from Widespread Blackout

(MENAFN) Power is being gradually restored across Portugal after a nationwide blackout that lasted several hours, with about one-third of the country's electricity users seeing their service return. Prime Minister Luis Montenegro confirmed during a press …

Chinese Diplomat Urges BRICS to Stand Against U.S. Tariff Aggression

Chinese Diplomat Urges BRICS to Stand Against U.S. Tariff Aggression

(MENAFN) China's top diplomat, Wang Yi, warned that silence and compromise in the ongoing tariff conflict initiated by the U.S. would "only embolden the bully." Speaking at a BRICS summit in Rio de Janeiro, Wang criticized the United States for its …

Terror attack kills more than 26 in India’s Kashmir

Terror attack kills more than 26 in India’s Kashmir

(MENAFN) At least 26 people were killed in Jammu and Kashmir on Tuesday when gunmen opened fire at close range, according to reports from local Indian police sources. The terrorist group, The Resistance Front (TRF), which has links to the Pakistan-based …

Gunshots heard at India-Pakistan border

Gunshots heard at India-Pakistan border

(MENAFN) The Indian Army reported late Friday night that multiple Pakistani military posts along the Line of Control (LoC) opened fire across the border in Kashmir, escalating tensions between the two nuclear-armed neighbors. A defense official based in …

UN Chief Talks with Syrian Interim Foreign Minister

UN Chief Talks with Syrian Interim Foreign Minister

(MENAFN) United Nations Secretary-General Antonio Guterres held a meeting on Monday with Syria’s interim Foreign Minister, Asaad Al-Shaibani, to address crucial issues such as the nation’s political evolution, humanitarian challenges, and economic renewal. …

Indian Navy practices drills amid confrontation with Pakistan

Indian Navy practices drills amid confrontation with Pakistan

(MENAFN) The Indian Navy has carried out live-fire exercises in the Arabian Sea as hostilities with Pakistan continue to rise following a deadly terrorist attack in Indian-administered Kashmir that killed 26 people earlier this week. On Sunday, the Indian …

UN Refugee Chief Criticizes Security Council

UN Refugee Chief Criticizes Security Council

(MENAFN) On Monday, the head of the United Nations refugee agency expressed deep concern over the widespread and escalating violence across the globe, arguing that it has come to define the current era. He directed pointed criticism at the UN Security …

Over 65,000 Children Suffer from Acute Malnutrition in Gaza

Over 65,000 Children Suffer from Acute Malnutrition in Gaza

(MENAFN) On Monday, the Gaza Government Media Office accused Israel of worsening the suffering of Palestinian children through what it described as an ongoing campaign of genocide and a continued blockade. This, the office reported, has triggered a severe …

India declares it`s time to punish Pakistan

India declares it`s time to punish Pakistan

(MENAFN) The brutal attack on tourists near Pahalgam in India’s Jammu and Kashmir Union Territory, which left at least 28 dead and many others injured, has drawn global condemnation from leaders like US President Donald Trump and Russian President Vladimir …

Japan Launches Initiative to Document Hiroshima, Nagasaki Incident

Japan Launches Initiative to Document Hiroshima, Nagasaki Incident

(MENAFN) As Japan approaches the 80th year since the devastating atomic bombings of Hiroshima and Nagasaki, survivors—known as hibakusha—have started to recount their traumatic memories, according to a report by the media on Monday. These recollections …

India commands mass dismissal of Pakistanis

India commands mass dismissal of Pakistanis

(MENAFN) India has revoked the visas of all Pakistani nationals currently residing in the country and has given them a deadline of April 27 to leave. This decision follows the deadly terrorist attack in Jammu and Kashmir, which claimed 26 lives and injured …

UN Launches Global Network for Terrorism Survivors

UN Launches Global Network for Terrorism Survivors

(MENAFN) On Monday, the United Nations Office of Counter-Terrorism (UNOCT) unveiled a new initiative known as the Victims of Terrorism Associations Network (VoTAN). This platform is designed to create a secure and inclusive environment where individuals …

Russia, Somalia vow security collaboration

Russia, Somalia vow security collaboration

(MENAFN) Russia and Somalia have agreed to strengthen their cooperation in areas including security, politics, trade, and economics, according to a statement from the Russian Foreign Ministry on Sunday. The announcement followed discussions between Russia’ …

Vance states US, India finalize conditions of trade discussions

Vance states US, India finalize conditions of trade discussions

(MENAFN) US Vice President J.D. Vance has announced that the United States and India have agreed on the terms for bilateral trade negotiations, marking a crucial step toward a final trade agreement. Vance, currently in India, met with Prime Minister …

Indian Premier talks to Musk before of Vance’s visit

Indian Premier talks to Musk before of Vance’s visit

(MENAFN) Indian Prime Minister Narendra Modi revealed on Friday that he had a phone conversation with Elon Musk to discuss various matters, including potential collaboration in technology and innovation. The call comes ahead of the upcoming visit of US …

Indian, Pakistani demonstrators face off in London

Indian, Pakistani demonstrators face off in London

(MENAFN) Indian and Pakistani demonstrators confronted each other outside the Pakistan High Commission in London amid rising tensions following the deadly terrorist attack in Pahalgam, Jammu and Kashmir, which claimed 26 lives earlier this week. The Indian …

Protests Break Out as Israeli Minister Ben-Gvir Faces Fury at U.S. Capitol

Protests Break Out as Israeli Minister Ben-Gvir Faces Fury at U.S. Capitol

(MENAFN) Pro-Palestinian demonstrators confronted Israeli National Security Minister Itamar Ben-Gvir on Monday at the US Capitol, shouting accusations of “War Criminal!” during his visit. The demonstration occurred during the US Council of Muslim …

India’s Modi pledges ‘harshest response’ to terror assault in Kashmir

India’s Modi pledges ‘harshest response’ to terror assault in Kashmir

(MENAFN) Indian Prime Minister Narendra Modi has promised a severe response to the recent terrorist attack in Pahalgam, Kashmir, which claimed the lives of 26 tourists. During his monthly radio address Mann Ki Baat on Sunday, Modi expressed sorrow and …

DR Congo Eyes Stronger Cooperation with China

DR Congo Eyes Stronger Cooperation with China

(MENAFN) The Democratic Republic of the Congo (DRC) intends to strengthen its partnership with China across multiple sectors, Deputy Prime Minister Jacquemain Shabani announced Monday. Speaking at the opening ceremony of the newly constructed Chinese …

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