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Business Times Australia: Press Releases

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Press releases published on June 25, 2025

Israeli Attack Kills Senior IRGC Commander

Israeli Attack Kills Senior IRGC Commander

(MENAFN) A high-ranking officer from Iran’s Islamic Revolutionary Guard Corps (IRGC) was killed in an Israeli missile strike in Tehran, officials reported on Tuesday. The IRGC’s public relations department confirmed that Mohammad Taqi Yousefvand, who led …

GCC calls for continuation of nuclear discussions between Iran, US

GCC calls for continuation of nuclear discussions between Iran, US

(MENAFN) At an emergency ministerial meeting on Tuesday, the Gulf Cooperation Council (GCC) called for the resumption of nuclear talks between Iran and the United States. The meeting’s final statement welcomed the announcement by US President Donald Trump …

Qatar temporarily closes its airspace due to Iran-Israel escalation

Qatar temporarily closes its airspace due to Iran-Israel escalation

(MENAFN) Due to escalating hostilities between Iran and Israel, Qatar temporarily closed its airspace, causing 10 Qatar Airways planes to be redirected to Istanbul Airport. The aircraft arrived Monday night and remained there until receiving clearance to …

Global Steel Output Plunges 3.8 Percent in May

Global Steel Output Plunges 3.8 Percent in May

(MENAFN) Global crude steel output shrank by 3.8% to 158.8 million tons in May compared to last year, driven primarily by significant declines in China and Japan, revealed data from the World Steel Association on Tuesday. China, the leading crude steel …

NATO Secretary General praises Turkey defense industry

NATO Secretary General praises Turkey defense industry

(MENAFN) NATO Secretary General Mark Rutte commended Türkiye’s extensive defense industry on Tuesday and emphasized the importance of integrating it more closely with defense sectors in the UK, Norway, and the European Union. Speaking at the NATO Public …

Putin Approves Creating Messaging App

Putin Approves Creating Messaging App

(MENAFN) Russian Leader Vladimir Putin issued a decree on Tuesday aimed at the creation of a national messaging app, focusing on its broad implementation, particularly within public sector organizations, as reported by various media outlets. The Ministry …

Trump Says Both Israel, Iran Wanted Ceasefire

Trump Says Both Israel, Iran Wanted Ceasefire

(MENAFN) United States Leader Donald Trump stated on Tuesday that both Israel and Iran had been eager to bring an end to their ongoing war, while asserting that he was responsible for dismantling Iran’s nuclear capabilities before stopping the conflict. " …

ASEAN Stresses Need to Combat Cybercrime

ASEAN Stresses Need to Combat Cybercrime

(MENAFN) At the 25th ASEAN Senior Officials Meeting on Transnational Crime held on Tuesday, Home Affairs Minister Saifuddin Nasution Ismail stressed the urgent need for ASEAN countries to strengthen their collaboration to combat escalating cybercrime …

Mexico Reports Steel, Aluminum Tariffs Deal with U.S. Nearing

Mexico Reports Steel, Aluminum Tariffs Deal with U.S. Nearing

(MENAFN) Mexico and the United States are nearing a resolution over the steep tariffs the U.S. placed on steel and aluminum imports, according to Mexican Economy Minister Marcelo Ebrard, who made the announcement on Tuesday. Following his appearance at the …

Report Reveals Europe’s Noise Pollution Endangers 110M People

Report Reveals Europe’s Noise Pollution Endangers 110M People

(MENAFN) Over 110 million Europeans are exposed to damaging noise pollution, contributing to approximately 66,000 premature fatalities each year, reveals a new report released Tuesday by the European Environment Agency (EEA). The report identifies …

European Stocks Edge Higher as Trump Declares Israel-Iran Ceasefire

European Stocks Edge Higher as Trump Declares Israel-Iran Ceasefire

(MENAFN) European equities closed sharply higher on Tuesday, fueled by renewed investor confidence following US President Donald Trump’s announcement of a ceasefire between Israel and Iran, ending the conflict that erupted on June 13. The broad-based Stoxx …

Erdogan arrives in Netherland to participate in NATO summit

Erdogan arrives in Netherland to participate in NATO summit

(MENAFN) Turkish President Recep Tayyip Erdogan arrived in the Netherlands on Tuesday to participate in a two-day NATO summit being held in The Hague. Upon his arrival at Amsterdam’s Schiphol Airport, Erdogan was received by Dutch officials, Türkiye’s …

Iran’s President Declares War with Israel Is Over

Iran’s President Declares War with Israel Is Over

(MENAFN) Iranian President Masoud Pezeshkian on Tuesday declared an official end to the 12-day conflict with Israel, calling on all governmental and revolutionary entities to urgently redirect their focus toward national reconstruction efforts. "Today, …

Bali Reveals Plan to Develop Ambitious Sports Tourism Hub

Bali Reveals Plan to Develop Ambitious Sports Tourism Hub

(MENAFN) Indonesia’s famed island of Bali is set to become home to one of Southeast Asia’s most advanced sports tourism destinations, Youth and Sports Minister Ario Bimo Nandito Ariotedjo announced Tuesday. The initiative has already commenced with the …

Mexico Secures USD6.8B via Long-Term Bonds

Mexico Secures USD6.8B via Long-Term Bonds

(MENAFN) In a decisive shift in its debt strategy, Mexico secured $6.8 billion through the issuance of long-term fixed-rate bonds, the Finance Ministry announced Tuesday, marking a significant move to reshape its borrowing profile. This transaction cut the …

Trump Orders Israel to Refrain from Bombing Iran

Trump Orders Israel to Refrain from Bombing Iran

(MENAFN) On Tuesday, U.S. President Donald Trump issued a direct warning to Israel, urging the country to refrain from bombing Iran, emphasizing that such an action would constitute a "major violation" of the ceasefire agreement. Posting on his Truth …

Chinese Premier Reports Supply Chain Fragmentation

Chinese Premier Reports Supply Chain Fragmentation

(MENAFN) Chinese Premier Li Qiang cautioned on Wednesday that supply chains are facing fragmentation, and cross-border investments are diminishing due to the impact of US tariffs. Speaking at the 16th annual "New Champions" meeting—commonly referred to as …

Israel reports compensation claims for damage due to Iran’s attacks

Israel reports compensation claims for damage due to Iran’s attacks

(MENAFN) Israeli officials have reported receiving close to 39,000 compensation claims for property damage caused by Iranian missile attacks, according to reports released Tuesday. As stated by reports, the Compensation Fund managed by the Israeli Tax …

UK Set to Buy Dozen Nuclear-Capable F-35 Jets, Boost NATO Role

UK Set to Buy Dozen Nuclear-Capable F-35 Jets, Boost NATO Role

(MENAFN) The United Kingdom is set to acquire a minimum of 12 F-35A fighter jets equipped with the capability to carry nuclear weapons and plans to join NATO’s airborne nuclear mission. Prime Minister Keir Starmer is expected to reveal the decision on …

High-ranking Iranian officer gets murdered by Israeli attack

High-ranking Iranian officer gets murdered by Israeli attack

(MENAFN) A high-ranking officer in Iran’s Islamic Revolutionary Guard Corps (IRGC) was killed during an Israeli missile attack on Tehran, Iranian officials confirmed on Tuesday. According to official statements, Mohammad Taqi Yousefvand, the head of the …

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