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Business Times Australia: Press Releases

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Press releases published on July 22, 2025

Japan Aims for US Trade Deal Before August

Japan Aims for US Trade Deal Before August

(MENAFN) Japan’s chief trade negotiator has expressed his goal to finalize a trade pact with the United States before mutual tariffs are enforced on August 1, according to a news agency on Tuesday. “I don’t have (such a concern),” Ryosei Akazawa told …

Poland Probes into Air Traffic System Disruption

Poland Probes into Air Traffic System Disruption

(MENAFN) Polish officials have launched an investigation following a significant disruption to the country’s national air traffic management system, which impacted operations at several airports. The Interior Ministry confirmed that security agencies are …

Erdogan voices rejection of dividing Syrian territory

Erdogan voices rejection of dividing Syrian territory

(MENAFN) Turkish President Recep Tayyip Erdogan has voiced firm opposition to the possible breakup of Syrian territory, emphasizing his stance following the conclusion of intense fighting in southern Syria. “We firmly oppose any fragmentation of Syrian …

U.S. Beef Prices Soar to Historic Highs

U.S. Beef Prices Soar to Historic Highs

(MENAFN) From neighborhood cookouts to major fast-food chains, Americans are feeling the pinch as beef prices soar to historic highs, driven by drought, disease outbreaks, and international trade strains, according to government data and market experts. …

US Treasury Secretary Urges Scrutiny of Federal Reserve

US Treasury Secretary Urges Scrutiny of Federal Reserve

(MENAFN) US Treasury Secretary Scott Bessent has urged a comprehensive evaluation of the Federal Reserve, raising concerns about whether the central bank has truly accomplished its objectives given the “many mistakes” he alleges it has committed. Though …

Russia Bars European Officials from Entering Country Following EU Sanctions

Russia Bars European Officials from Entering Country Following EU Sanctions

(MENAFN) On Tuesday, Russia declared a major expansion of its blacklist, barring numerous European officials from entering the country as a direct retaliation to the European Union’s latest rounds of sanctions against Moscow. According to a statement from …

New findings of Air India Flight spikes mystery

New findings of Air India Flight spikes mystery

(MENAFN) The initial findings into the deadly crash of Air India Flight 171, which claimed 260 lives in June, were expected to offer clarity and perhaps begin the healing process for many. However, instead of easing tensions, the 15-page preliminary report …

Egypt Eliminates Terrorists in Giza Operation

Egypt Eliminates Terrorists in Giza Operation

(MENAFN) Egyptian law enforcement officials announced on Sunday that they had eliminated several members of the outlawed Muslim Brotherhood’s militant faction during an operation in Giza, according to a statement from the Interior Ministry. The ministry …

Iranian, Russian naval forces begin joint army exercise

Iranian, Russian naval forces begin joint army exercise

(MENAFN) Iranian and Russian naval forces have commenced a joint military exercise in the Caspian Sea, according to reports. The three-day operation, named CASAREX2025, is organized by Iran’s Northern Fleet and features participation from warships …

Russian Naval Training Ship Docks in Equatorial Guinea

Russian Naval Training Ship Docks in Equatorial Guinea

(MENAFN) The Russian naval training ship Smolny has made port in Equatorial Guinea for its second official visit, according to African Initiative, which reported the arrival on Sunday. The vessel, part of Russia’s Baltic Fleet, was welcomed in the capital …

Vodka Lunch Leads to Prisoner Release

Vodka Lunch Leads to Prisoner Release

(MENAFN) A shared lunch between Belarusian President Alexander Lukashenko and American envoys, complete with vodka toasts, played a central role in the liberation of 14 detained opposition individuals. This development followed rare diplomatic discussions …

Romania Faces Sweltering Heat, Unstable Weather

Romania Faces Sweltering Heat, Unstable Weather

(MENAFN) Romania’s National Meteorological Administration (ANM) issued several urgent weather alerts on Tuesday as the nation confronts a dangerous mix of sweltering heat and volatile atmospheric conditions. The highest-level red code warnings were …

US envoy stresses importance of diplomatic role in Lebanon-Israel truce

US envoy stresses importance of diplomatic role in Lebanon-Israel truce

(MENAFN) U.S. special envoy Thomas Barrack stressed the importance of diplomatic initiatives in supporting Lebanon’s sovereignty and the broader peace process with Israel, during remarks made in Beirut on Monday. "The U.S. has no business in trying to …

Japan Aims to Finalize US Trade Deal

Japan Aims to Finalize US Trade Deal

(MENAFN) Japan’s chief trade negotiator expressed his objective to secure a trade accord with the United States prior to the implementation of mutual tariffs scheduled for August 1, according to a news agency on Tuesday. “I don’t have (such a concern),” …

Global Defense Leaders Unite at 17th IDEF 2025

Global Defense Leaders Unite at 17th IDEF 2025

(MENAFN) The 17th International Defense Industry Fair 2025 (IDEF), held in Istanbul, draws participation from a wide range of defense and technology companies worldwide. Representatives from nations including China, South Africa, Azerbaijan, Qatar, Saudi …

IDF blocks missile coming from Yemen

IDF blocks missile coming from Yemen

(MENAFN) The Israeli military announced that it had successfully intercepted a missile launched from Yemen in the early hours of Tuesday morning. "A missile launched from Yemen was intercepted by the IAF (Israeli Air Force)," the military confirmed in an …

Egyptian authorities eliminate terrorist cell in Giza

Egyptian authorities eliminate terrorist cell in Giza

(MENAFN) Egyptian authorities announced on Sunday that they had dismantled a terrorist cell affiliated with the armed wing of the banned Muslim Brotherhood in the city of Giza, a popular tourist destination near Cairo. The Interior Ministry stated that the …

China's Economy Expands 5.3 Percent in First Half of 2025

China's Economy Expands 5.3 Percent in First Half of 2025

(MENAFN) China’s economy expanded by 5.3% in the first half of 2025 compared to the same timeframe last year, according to data released by the National Bureau of Statistics (NBS). This growth comes amid mounting global headwinds, especially intensifying …

Poland Discovers Massive Oil Field in Baltic Sea

Poland Discovers Massive Oil Field in Baltic Sea

(MENAFN) A major oil field discovery off the Polish coast marks a historic milestone for the country’s energy sector, Canadian company Central European Petroleum revealed Monday. Located in the Baltic Sea just 6 kilometers (3.7 miles) from the northwestern …

Over 400 Global Defense Companies Participate in IDEF 2025

Over 400 Global Defense Companies Participate in IDEF 2025

(MENAFN) The 17th edition of the International Defense Industry Fair (IDEF) 2025 kicked off Tuesday in Istanbul, drawing major defense and technology players from across the globe. Over the course of six days, the event will spotlight the latest …

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