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Canadian Business Today: Press Releases

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Press releases published on June 2, 2025

French Minister Demands "Severe" Punishment Against Racism After Deadly Shooting

French Minister Demands "Severe" Punishment Against Racism After Deadly Shooting

(MENAFN) On Monday, France’s interior minister urged for harsh repercussions against racism following a deadly assault that claimed the life of a Tunisian man and left a Turkish individual wounded. Bruno Retailleau emphasized on X, “Racism must be severely …

Germany considers withdrawing European funds

Germany considers withdrawing European funds

(MENAFN) Germany has issued a warning to fellow EU members Slovakia and Hungary, indicating that continued resistance to the bloc’s sanctions on Russia could result in a suspension of financial support from the European Union. Reports indicate that both …

New Ethiopian Airlines Flights Take Off to Sharjah, Boost UAE Connectivity

New Ethiopian Airlines Flights Take Off to Sharjah, Boost UAE Connectivity

(MENAFN) Ethiopian Airlines introduced a fresh passenger flight service to Sharjah, United Arab Emirates, commencing Sunday evening. According to Retta Melaku, the airline’s chief operating officer, this new route will run four times each week using Boeing …

Thousands Head Back to Syria After Assad’s Regime Collapse

Thousands Head Back to Syria After Assad’s Regime Collapse

(MENAFN) Thousands of Syrians are returning to their homeland after enduring years of displacement, as calm and order begin to take root in the aftermath of Bashar al-Assad’s regime collapse. Following Assad’s downfall, which ended decades of Baath Party …

NATO Chief Urges Bolstering Defense Spending

NATO Chief Urges Bolstering Defense Spending

(MENAFN) NATO Secretary General Mark Rutte emphasized on Monday that member nations must substantially boost their military expenditures well beyond the existing threshold of 2 percent of GDP. He cited escalating dangers posed by Russia, China, and North …

Collapse of Mount Etna Sparks Eruption

Collapse of Mount Etna Sparks Eruption

(MENAFN) A significant portion of Mount Etna’s southeastern crater gave way on Monday, resulting in an enormous volcanic plume shooting several kilometers into the atmosphere, according to Italian officials. The structural failure led to the formation of a …

Trump wishes if Zelensky would stop talking

Trump wishes if Zelensky would stop talking

(MENAFN) US Leader Donald Trump has sharply criticized Ukrainian Leader Vladimir Zelensky, claiming that his public comments are worsening Ukraine’s situation. These remarks followed Zelensky’s accusation that Washington isn’t doing enough to support …

Hungary’s Paks Nuclear Reactor Slashes Power by 160 MW

Hungary’s Paks Nuclear Reactor Slashes Power by 160 MW

(MENAFN) Hungary’s Paks Nuclear Power Plant announced on Monday that its Unit 4 reactor experienced a 160-megawatt reduction in power generation at 8:13 a.m. local time (0613 GMT) due to a malfunction in its control system components. Situated roughly 100 …

Trump has worthwhile meeting with congressional

Trump has worthwhile meeting with congressional

(MENAFN) A recent, previously undisclosed meeting between Leader Donald Trump and congressional leaders focused on advancing his extensive tax and spending proposal was described by the White House as "productive and moved the ball in the right direction." …

Ukraine, west involvement in attack of Putin’s helicopter

Ukraine, west involvement in attack of Putin’s helicopter

(MENAFN) Ukraine probably had outside backing in launching a recent drone operation that endangered Russian Leader Vladimir Putin’s helicopter, according to a former US Marine Corps intelligence officer and UN weapons inspector. Reports indicate that …

UK is ready for potential conflict in the Arctic

UK is ready for potential conflict in the Arctic

(MENAFN) The United Kingdom is gearing up for a heightened military posture, with Prime Minister Keir Starmer announcing a sweeping rearmament initiative as part of a broader Strategic Defense Review. This move, revealed during a major speech, marks a …

Ukraine, Russia Start Istanbul Direct Talks

Ukraine, Russia Start Istanbul Direct Talks

(MENAFN) Ukraine's delegation reached Istanbul on Monday for a second session of in-person discussions with Russia, as officially stated by the Ukrainian Foreign Ministry. “The Ukrainian delegation has arrived in Istanbul. The meeting is scheduled for this …

Quantum eMotion Closes Brokered LIFE Financing of $12,000,000

Quantum eMotion Closes Brokered LIFE Financing of $12,000,000

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTREAL, June 02, 2025 (GLOBE NEWSWIRE) -- Quantum eMotion Corp. (“QeM” or the “Corporation”) (TSX.V: QNC; OTCQB: QNCCF; F: 34Q0) is pleased to announce that it has …

Montero to hold Special Meeting of Shareholders to approve C$15 million Distribution

Montero to hold Special Meeting of Shareholders to approve C$15 million Distribution

TORONTO, June 02, 2025 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V: MON) (OTCPK: MXTRF) (“Montero” or the “Company”) reminds shareholders that a Special Meeting of Shareholders (the “Meeting”) will be held at 9:30am EDT on Wednesday, …

Alaris Equity Partners Announces Closing of $80 Million Bought Deal Offering of 6.50% Convertible Unsecured Senior Debentures, and a US$21.5 Million Follow-On Investment in the Shipyard

Alaris Equity Partners Announces Closing of $80 Million Bought Deal Offering of 6.50% Convertible Unsecured Senior Debentures, and a US$21.5 Million Follow-On Investment in the Shipyard

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) -- Unless otherwise stated, all numbers in this press release are …

VERSES® Digital Brain Beats Google’s Top AI At “Gameworld 10k” Atari Challenge

VERSES® Digital Brain Beats Google’s Top AI At “Gameworld 10k” Atari Challenge

VANCOUVER, British Columbia, June 02, 2025 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE: VERS) (OTCQB: VRSSF) (“VERSES” or the “Company”), a cognitive computing company, today revealed results that it believes mark a significant advancement in artificial …

Kremlin accuses Western press of ridiculing Ukraine peace discussions

Kremlin accuses Western press of ridiculing Ukraine peace discussions

(MENAFN) The Kremlin has accused Western media of deliberately trying to disrupt peace negotiations between Russia and Ukraine. Speaking to reporters on Tuesday, Kremlin spokesperson Dmitry Peskov claimed that multiple leaks and media reports appear to be …

Sovereignty, anti-fraud attempts emphasized at Moscow cyber conference

Sovereignty, anti-fraud attempts emphasized at Moscow cyber conference

(MENAFN) Last week, Moscow hosted its largest-ever Positive Hack Days Festival (PHDays Fest), bringing together delegations from 40 countries to discuss reducing dependence on Big Tech and combating the rise of AI-assisted cyber fraud. Since its inception …

Ukraine Launches Large-Scale Drone Attack

Ukraine Launches Large-Scale Drone Attack

(MENAFN) The Russian Defense Ministry announced on Monday that Ukraine executed a substantial aerial assault overnight, deploying 162 drones in the operation. According to an official statement from the ministry, the raid targeted nine regions within …

Iran's Uranium Spike Triggers Urgent IAEA Talks in Cairo

Iran's Uranium Spike Triggers Urgent IAEA Talks in Cairo

(MENAFN) Iranian Foreign Minister Abbas Araghchi is scheduled to hold talks in Cairo on Monday with Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), according to Egyptian media outlets. The meeting, which will also be …

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