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Italy Business News Wire: Press Releases

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Press releases published on June 12, 2025

UN Chief Voices Concern Over U.S. Sanctions Targeting ICC Judges

UN Chief Voices Concern Over U.S. Sanctions Targeting ICC Judges

(MENAFN) UN Secretary-General Antonio Guterres has raised alarm over the recent U.S. sanctions targeting four judges from the International Criminal Court (ICC), according to his spokesman on Wednesday. Farhan Haq, deputy spokesman for Guterres, stated, " …

SNP leader criticizes Middle East minister on lack of action

SNP leader criticizes Middle East minister on lack of action

(MENAFN) An autonomous Scotland governed by the Scottish National Party (SNP) would cut diplomatic relations with Israel and shut down its embassies, the party’s Westminster leader revealed in a recent interview. Speaking on a podcast, Stephen Flynn …

Slovak parliament objects to sanctions on Russia

Slovak parliament objects to sanctions on Russia

(MENAFN) In a significant political move, Slovakia’s parliament has adopted a resolution rejecting further sanctions on Russia. The decision effectively bars Slovak government officials from endorsing new international restrictions against Moscow, citing …

Cargo vessel bursts into flames

Cargo vessel bursts into flames

(MENAFN) A vessel transporting over 3,000 vehicles, including around 750 electric and hybrid models, caught fire while traveling from China to Mexico across the Pacific Ocean. The incident occurred roughly 300 miles southwest of Alaska's Adak Island. All …

Lavrov states UK ‘100%’ assisting Ukraine to perform terrorist acts

Lavrov states UK ‘100%’ assisting Ukraine to perform terrorist acts

(MENAFN) Russian Foreign Minister Sergey Lavrov has accused the UK of actively assisting Ukraine in carrying out terrorist acts on Russian soil, stating that British involvement in such operations is “100%.” Speaking at the "Forum of the Future 2050" in …

South Korea Stock Market Hits 3-Year Peak

South Korea Stock Market Hits 3-Year Peak

(MENAFN) South Korea’s benchmark stock market index experienced a sharp upswing, reaching its highest point in over three years, largely fueled by robust performances in technology and automobile sectors. According to a news agency, the rally was further …

Trump commands federal agents to ‘liberate Los Angeles’

Trump commands federal agents to ‘liberate Los Angeles’

(MENAFN) President Donald Trump has ordered federal authorities to take decisive action in Los Angeles following several days of violent protests sparked by immigration raids. Declaring the city "occupied" by criminal migrants, Trump authorized the …

Bessent Highlights China's Role in Economic Balance

Bessent Highlights China's Role in Economic Balance

(MENAFN) During the conclusion of the latest trade discussions held in London, US Treasury Secretary Scott Bessent emphasized the importance of China being a dependable counterpart in ongoing negotiations. He urged the Chinese government to embrace a shift …

Putin Calls for Urgent Reform of Russian Military

Putin Calls for Urgent Reform of Russian Military

(MENAFN) Russian President Vladimir Putin has mandated that insights gained from the ongoing conflict in Ukraine be fully incorporated into Russia’s upcoming long-term state armament program. This directive emphasizes the imperative to align with evolving …

Elon Musk voices remarks on LA demonstration chaos

Elon Musk voices remarks on LA demonstration chaos

(MENAFN) Elon Musk has spoken out against the escalating violence in Los Angeles, where protests have entered their third day following widespread immigration raids. The Tesla and SpaceX CEO posted on X, criticizing the unrest after over 100 people were …

U.S. Stocks Close Lower as Trump Reveals China Trade Deal

U.S. Stocks Close Lower as Trump Reveals China Trade Deal

(MENAFN) US equities closed lower midweek after President Donald Trump revealed a new trade agreement with China following high-level negotiations between the world’s two largest economies in London. The S…

Orban declares Hungarians won’t die for Ukraine

Orban declares Hungarians won’t die for Ukraine

(MENAFN) Hungarian Prime Minister Viktor Orban has reaffirmed his opposition to the European Union’s military support for Ukraine, declaring that Hungary has no intention of sacrificing its people for the conflict. Speaking at a rally of EU conservatives …

UK judges warn of AI-made cases

UK judges warn of AI-made cases

(MENAFN) Senior judges in the UK have issued a serious warning to legal professionals about the risks of using artificial intelligence to produce false legal arguments. Victoria Sharp, president of the King’s Bench Division of the High Court, cautioned …

Zelensky says nations share responsibility of war

Zelensky says nations share responsibility of war

(MENAFN) Ukrainian President Vladimir Zelensky has expressed skepticism about the effectiveness of diplomatic efforts with Russia, suggesting that peace cannot be achieved without firm international pressure on Moscow. His remarks appeared to be a veiled …

US plans to spend billions of dollars on nuclear weapons

US plans to spend billions of dollars on nuclear weapons

(MENAFN) The United States is on course to implement its most significant increase in nuclear arms spending since the Cold War era, according to a prominent disarmament advocacy group. The Los Alamos Study Group, which monitors nuclear policy, analyzed …

UK Imposes Sanctions on Israeli Ministers

UK Imposes Sanctions on Israeli Ministers

(MENAFN) This week, Britain chose to impose sanctions on two senior members of Israel's Cabinet in a bid "to uphold human rights and defend the prospect of a two-state solution," according to a statement by the prime minister on Wednesday. The sanctions …

Secretary General says NATO can be strong alliance

Secretary General says NATO can be strong alliance

(MENAFN) NATO Secretary General Mark Rutte has described the alliance as the most powerful in human history, even surpassing historical giants like the Roman Empire and Napoleon’s forces. He made the remarks during a press conference ahead of a key NATO …

Lutnick: U.S. Maintains Current Tariff Levels on China

Lutnick: U.S. Maintains Current Tariff Levels on China

(MENAFN) The United States will maintain current tariff levels on Chinese imports, Commerce Secretary Howard Lutnick confirmed Wednesday, as trade talks between Washington and Beijing near a critical juncture. During a televised interview, Lutnick was …

S. Korea’s ICT Exports Climb for Fourth Straight Month in May

S. Korea’s ICT Exports Climb for Fourth Straight Month in May

(MENAFN) South Korea’s exports of information and communications technology (ICT) products climbed for a fourth straight month in May, driven by surging global demand for domestically produced semiconductors, according to government figures released …

U.S. Reduces Embassy Workers in Baghdad

U.S. Reduces Embassy Workers in Baghdad

(MENAFN) The United States is withdrawing some diplomatic personnel from its embassy in Baghdad, Iraq, as confirmed by a State Department representative to a news agency on Wednesday. The spokesperson stated, "President Trump is committed to keeping …

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