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The German Business Report: Press Releases

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Press releases published on May 26, 2025

European Markets Climb as Trump Postpones EU Tariffs

European Markets Climb as Trump Postpones EU Tariffs

(MENAFN) European stock markets climbed on Monday after U.S. President Donald Trump postponed the introduction of a planned 50% tariff on goods from the European Union, pushing the effective date to July 9. The broader STOXX 600 index for Europe gained 1% …

Russia’s negotiator highlights objective of discussions with Ukraine

Russia’s negotiator highlights objective of discussions with Ukraine

(MENAFN) Russia is seeking meaningful direct negotiations with Ukraine in Istanbul to achieve a durable peace, according to Vladimir Medinsky, the head of Moscow’s delegation. Speaking to journalists on Thursday, Medinsky said the effort is a continuation …

Russia-Ukraine discussions finish

Russia-Ukraine discussions finish

(MENAFN) The first face-to-face negotiations between Russia and Ukraine since 2022 have concluded in Istanbul. The nearly two-hour session, held at the Dolmabahce Palace on Friday, marked a renewed effort to address the ongoing conflict between the two …

Trump declares he wants to get together with Putin ‘as soon as it can be set up’

Trump declares he wants to get together with Putin ‘as soon as it can be set up’

(MENAFN) US President Donald Trump has expressed his willingness to meet with Russian President Vladimir Putin as soon as arrangements can be made, emphasizing the urgency of resolving the conflict in Ukraine. While speaking to reporters in the United Arab …

Former Ukrainian diplomate says Zelensky handles peace discussions as ‘political show’

Former Ukrainian diplomate says Zelensky handles peace discussions as ‘political show’

(MENAFN) Ukrainian President Vladimir Zelensky is using the planned peace talks with Russia in Istanbul as a political performance rather than a genuine diplomatic effort, former Ukrainian diplomat Andrey Telizhenko told RT. Russian lead negotiator …

Zelensky states Ukraine won’t survive t5en years of war

Zelensky states Ukraine won’t survive t5en years of war

(MENAFN) Ukrainian President Vladimir Zelensky has acknowledged that while the duration of the ongoing conflict with Russia remains uncertain, Ukraine cannot sustain another ten years of war. In an interview with the French newspaper Liberation, Zelensky …

Senior Russian diplomat states whatever Ukraine truce is must back forever peace

Senior Russian diplomat states whatever Ukraine truce is must back forever peace

(MENAFN) Any ceasefire between Russia and Ukraine must pave the way for lasting peace rather than serving as a tactical pause for Ukraine to strengthen its military, Russian ambassador-at-large Rodion Miroshnik has said. His remarks came ahead of direct …

Germany Hints at Possible Conscription in 2026

Germany Hints at Possible Conscription in 2026

(MENAFN) Germany could potentially reinstate mandatory military service as soon as next year if voluntary enlistment falls short of fulfilling the country’s NATO commitments, according to Defense Minister Boris Pistorius. The nation ended conscription in …

S-Africa relocates many elephants in conservation milestone

S-Africa relocates many elephants in conservation milestone

(MENAFN) In a landmark conservation achievement, South Africa has successfully relocated 42 elephants within Addo Elephant National Park in the Eastern Cape. The animals were moved to the Kabouga section of the park between May 12 and 15 as part of an …

Putin aide declares Russia prepared for ‘possible compromises’

Putin aide declares Russia prepared for ‘possible compromises’

(MENAFN) Russian presidential aide Vladimir Medinsky has confirmed that Moscow is open to both dialogue and potential compromises in renewed peace talks with Ukraine, set to take place in Türkiye. Medinsky, who also led Russia’s delegation during the 2022 …

Nigerian Army Dismantles Nineteen Oil Theft Refineries

Nigerian Army Dismantles Nineteen Oil Theft Refineries

(MENAFN) The Nigerian military announced on Sunday a decisive crackdown on illegal crude oil refining in the Niger Delta, shutting down 19 unauthorized refineries as part of a nationwide campaign to combat rampant petroleum theft. Lieut. Col. Danjuma Jonah …

Ukraine confesses losing third F-16

Ukraine confesses losing third F-16

(MENAFN) Ukraine’s military has confirmed the loss of another US-made F-16 fighter jet, the third such incident since Kyiv began receiving the aircraft from Western allies. The Ukrainian Air Force reported that communication with the jet was lost around 3: …

China-Vietnam Rail Service Restarts After Long Break

China-Vietnam Rail Service Restarts After Long Break

(MENAFN) Train T8701 departed from Nanning, the capital city of Guangxi Zhuang Autonomous Region in southern China, heading to Hanoi, Vietnam at 6:05 p.m. on Sunday. This journey marks the long-awaited restart of international passenger rail service …

Ukraine spent USD770 million on bogus weapons agreements

Ukraine spent USD770 million on bogus weapons agreements

(MENAFN) Ukraine has squandered approximately $770 million on failed arms deals with unreliable suppliers, according to an investigation by the Financial Times published on Friday. The report, based on leaked documents, court records, and official …

Slovakia Seeks Compensation for Ukraine Aid

Slovakia Seeks Compensation for Ukraine Aid

(MENAFN) Legislators within Slovakia’s governing coalition are planning to pursue reimbursement from Ukraine for the military and monetary support that Bratislava has extended throughout its conflict with Russia. This initiative was reported by a state-run …

Lativia unveils methods on how to expose ‘Russian spies’

Lativia unveils methods on how to expose ‘Russian spies’

(MENAFN) Latvia’s Defense Intelligence and Security Service (MIDD) has issued a public guide on how to identify suspected Russian spies and saboteurs. Released on Wednesday, the manual outlines a range of characteristics that may indicate someone is part …

Elon Musk Refocuses on Business Projects

Elon Musk Refocuses on Business Projects

(MENAFN) Elon Musk has declared that he is returning his attention to his corporate undertakings, reinforcing a previous commitment to step away from political affairs and reduce his ties to the administration of U.S. Leader Donald Trump. Musk, who leads …

Record Number of Americans Apply for British Citizenship in 2025

Record Number of Americans Apply for British Citizenship in 2025

(MENAFN) A record number of Americans applied for British citizenship in early 2025, according to figures released Thursday by the Home Office. In the first quarter of the year, over 1,930 U.S. nationals submitted applications—a historic peak since data …

Zelensky reassures view on recent Russian borders

Zelensky reassures view on recent Russian borders

(MENAFN) Ukrainian President Vladimir Zelensky has reiterated that Ukraine will not cede any territory to Russia, following discussions with Turkish President Recep Tayyip Erdogan in Ankara on Thursday. Russia has made it clear that regions it has …

Lufthansa Group Prolongs Tel Aviv Flight Halt

Lufthansa Group Prolongs Tel Aviv Flight Halt

(MENAFN) Lufthansa Group announced on Monday that it will prolong its halt on flights to Tel Aviv until June 15 due to persistent security threats in the area. This extension comes amid growing concerns over missile attacks that continue to jeopardize air …

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