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Canadian Business Today: Press Releases

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Press releases published on June 2, 2025

Drone Attacks Target Russian Airbases

Drone Attacks Target Russian Airbases

(MENAFN) In a coordinated wave of kamikaze drone assaults, military airbases throughout Russia came under attack, according to a Sunday announcement by the Russian Defense Ministry. The ministry attributed responsibility for the incidents to Kiev. While …

Ukraine's Istanbul Proposal Rejects Russia’s Demands

Ukraine's Istanbul Proposal Rejects Russia’s Demands

(MENAFN) In a recent development ahead of the renewed peace negotiations in Istanbul, Ukraine has submitted a memorandum that firmly opposes several crucial conditions put forth by Moscow. As per a report from a news agency, the document dismisses Russia’s …

Deco Leads Barcelona’s Revival

Deco Leads Barcelona’s Revival

(MENAFN) Since taking over in 2023, Deco, 47, has played a central role in Barcelona's resurgence, steering the club to a domestic treble and a strong run to the Champions League semi-finals. Under his leadership, the Catalan giants have made significant …

UK arms up against Russia possible war

UK arms up against Russia possible war

(MENAFN) The United Kingdom is preparing to inject billions of pounds into strengthening its military-industrial capabilities in anticipation of a potential direct war with Russia, announced Defense Secretary John Healey. This move comes in advance of the …

Clear double standard when it comes to drone warfare in Russia-Ukraine conflict

Clear double standard when it comes to drone warfare in Russia-Ukraine conflict

(MENAFN) Amid widespread coverage of the Russia-Ukraine conflict, there is a clear double standard when it comes to drone warfare. Western media, politicians, and NGOs frequently condemn Russian retaliatory strikes but largely ignore Ukraine’s growing and …

Israeli Settlers Enter Al-Aqsa Mosque for Shavuot

Israeli Settlers Enter Al-Aqsa Mosque for Shavuot

(MENAFN) On Monday, a large number of unauthorized Israeli settlers entered the Al-Aqsa Mosque compound in East Jerusalem, which remains under Israeli occupation. The incursion took place as part of the Jewish festival of Shavuot, according to a report …

Global Airline Profits Climb in 2025 Despite Persistent Challenges

Global Airline Profits Climb in 2025 Despite Persistent Challenges

(MENAFN) The International Air Transport Association (IATA) announced on Monday that global airline profits are poised to reach $36 billion in 2025, representing an 11.1% increase from the previous year, despite persistent challenges such as geopolitical …

Raids by more than 100 Ukrainian drones prevented instantly

Raids by more than 100 Ukrainian drones prevented instantly

(MENAFN) Russian air defenses intercepted 104 Ukrainian drones overnight, according to a Saturday statement from the Russian Defense Ministry. The Belgorod Region was the hardest hit, with 74 drones destroyed, while another 24 were taken down over Bryansk …

South Korea Telecom Firm Loses Over Half Million Subscribers

South Korea Telecom Firm Loses Over Half Million Subscribers

(MENAFN) A major cybersecurity incident at South Korea's top telecommunications company, SK Telecom (SKT), has triggered a significant customer exodus, as reported by a news agency on Monday. In May alone, close to one million users decided to switch to …

Russian army hits drone-making plant in Kiev

Russian army hits drone-making plant in Kiev

(MENAFN) Russia’s Defense Ministry announced on Saturday that its military successfully targeted a defense manufacturing facility in Kiev responsible for producing drones and missiles. The strike, carried out using precision ground-launched weapons and …

Iran Dismisses New US Nuclear Proposal

Iran Dismisses New US Nuclear Proposal

(MENAFN) An Iranian insider, well-acquainted with the ongoing discussions, has described the latest American initiative for a renewed nuclear pact with Iran as unacceptable. The United States recently conveyed its position in a formal communication to …

Putin criticizes ‘barbaric treatment’ of Russian culture

Putin criticizes ‘barbaric treatment’ of Russian culture

(MENAFN) Russian President Vladimir Putin has condemned what he described as unprecedented and barbaric assaults on Russian culture abroad during a meeting with Patriarch Kirill, head of the Russian Orthodox Church. He expressed gratitude to the patriarch …

Moscow states Kiev’s drone raids goal is to ruin peace procedure

Moscow states Kiev’s drone raids goal is to ruin peace procedure

(MENAFN) The Russian Foreign Ministry has accused Ukraine of escalating drone strikes on civilian targets within Russia to disrupt ongoing peace negotiations. Moscow described these attacks as “terrorist acts” carried out by Ukraine’s “party of war” aimed …

Uzbekistan Nears Joining WTO After Finalizing Deal with UK

Uzbekistan Nears Joining WTO After Finalizing Deal with UK

(MENAFN) Uzbekistan has wrapped up bilateral trade negotiations with the United Kingdom as part of its ongoing efforts to join the World Trade Organization (WTO), according to Azizbek Urunov, the Uzbek president’s special envoy on WTO matters. Urunov made …

Australia Confronts Major Economic Setback from 2025 Natural Disasters

Australia Confronts Major Economic Setback from 2025 Natural Disasters

(MENAFN) Australia is confronting an estimated immediate economic setback of $2.2 billion caused by natural disasters occurring so far in 2025, according to a report released on Monday. Preliminary figures from the March quarter reveal that several natural …

Osaka Murder-Suicide Unfolds: Four Discovered Dead Including Two Toddlers

Osaka Murder-Suicide Unfolds: Four Discovered Dead Including Two Toddlers

(MENAFN) In Osaka Prefecture, western Japan, authorities discovered four fatalities on Monday in an incident believed to be a murder-suicide, according to local news sources. Emergency services were alerted at approximately 6:20 a.m. local time after …

Trump Accuses China of Violating Trade Deal

Trump Accuses China of Violating Trade Deal

(MENAFN) United States Leader Donald Trump has claimed that China has broken the terms of a recently established tariff arrangement, potentially reigniting friction in the already delicate trade ceasefire between the globe’s two most powerful economies. …

Syria Resumes Al-Arida Crossing Operations to Streamline Eid Travel

Syria Resumes Al-Arida Crossing Operations to Streamline Eid Travel

(MENAFN) On Sunday evening, Syrian officials declared that the Al-Arida border crossing with Lebanon will resume operations on Tuesday morning, just in time for the Eid al-Adha celebrations. The Land and Sea Ports General Authority of Syria stated, “We …

Top Zelensky aide states Ukraine ‘can’t afford’ it if US withdraws from war

Top Zelensky aide states Ukraine ‘can’t afford’ it if US withdraws from war

(MENAFN) Ukraine cannot afford to lose military assistance from the United States in its ongoing conflict with Russia, Mikhail Podoliak, an adviser to President Vladimir Zelensky, told French outlet Le Point on Friday. He emphasized that US aid remains “ …

Airline Industry Forecasts Record Profits, Passenger Growth

Airline Industry Forecasts Record Profits, Passenger Growth

(MENAFN) Global airline earnings are projected to surge to USD36 billion in 2025, reflecting an 11.1 percent annual rise, according to the International Air Transport Association (IATA). This optimistic forecast comes in spite of continued strains from …

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