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Canadian Business Today: Press Releases

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Press releases published on June 4, 2025

White House Pressures Trade Partners to Present Top Offers by Wednesday

White House Pressures Trade Partners to Present Top Offers by Wednesday

(MENAFN) The U.S. administration has intensified pressure on its trading partners, urging them to present their strongest proposals by Wednesday, the White House confirmed on Tuesday. White House Press Secretary Karoline Leavitt explained that letters sent …

Bulgaria Joins Eurozone in 2026

Bulgaria Joins Eurozone in 2026

(MENAFN) Bulgaria is set to adopt the euro on January 1, 2026, following confirmation that it has satisfied all the required conditions, according to the European Commission’s 2025 Convergence Report released on Wednesday. This report, prepared upon the …

Federal court dismisses California’s lawsuit against Trump

Federal court dismisses California’s lawsuit against Trump

(MENAFN) A federal court has dismissed California’s legal challenge to the tariffs imposed by President Donald Trump, citing jurisdictional reasons, but left the door open for the state to pursue its case in a potentially more receptive venue. In a …

UN Rights Chief Denounces Fatal Gaza Assaults on Civilians Seeking Food

UN Rights Chief Denounces Fatal Gaza Assaults on Civilians Seeking Food

(MENAFN) Volker Turk, the UN High Commissioner for Human Rights, strongly condemned the fatal assaults on Gaza civilians trying to obtain food aid, calling the attacks “unconscionable” during a Tuesday statement. He reported that for a third straight day, …

Mongolian Premier Resigns After Losing Vote

Mongolian Premier Resigns After Losing Vote

(MENAFN) Mongolian Premier Luvsannamsrain Oyun-Erdene resigned following a defeat in a vote of confidence held by the parliament, as reported in a statement issued by the legislative body on Tuesday. The State Great Khural revealed that during a plenary …

NATO Chief Issues Stark Warning of “Devastating” Response to Baltic Attack

NATO Chief Issues Stark Warning of “Devastating” Response to Baltic Attack

(MENAFN) NATO Secretary General Mark Rutte issued a stark warning on Wednesday that any Russian aggression against the Baltic states would provoke a “devastating” counterstrike, underscoring the alliance’s unwavering promise to protect its entire territory …

Brussels Airlines Prolongs Suspension of Tel Aviv Flights

Brussels Airlines Prolongs Suspension of Tel Aviv Flights

(MENAFN) Brussels Airlines has announced that it will extend the halt of its operations to and from Tel Aviv until at least June 22. This decision, revealed on Tuesday, was attributed to ongoing instability in the region, which continues to pose …

Turkish Lawmakers Re-Elect Numan Kurtulmus as Speaker of Parliament

Turkish Lawmakers Re-Elect Numan Kurtulmus as Speaker of Parliament

(MENAFN) On Tuesday, Turkish lawmakers reinstated Numan Kurtulmus, a prominent figure from the ruling Justice and Development Party (AKP), as the speaker of parliament. Representing Istanbul, Kurtulmus secured a decisive victory in the third round with 329 …

Khamenei Dismisses U.S. Proposal to Ban Uranium Enrichment

Khamenei Dismisses U.S. Proposal to Ban Uranium Enrichment

(MENAFN) Iran’s Supreme Leader Ali Khamenei firmly dismissed the U.S. proposal to ban all uranium enrichment on Wednesday, underscoring that this process is an essential pillar of Tehran’s nuclear efforts. Speaking at a ceremony in Tehran marking the 36th …

Manufacturing activity gets impacted by Trumps policy

Manufacturing activity gets impacted by Trumps policy

(MENAFN) According to recent reports, manufacturing in the United States continued its downward trend in May, driven by ongoing concerns surrounding trade policies. The Institute for Supply Management (ISM) revealed that its manufacturing activity index …

Study Reveals Meat Smoking Dates Back Over One Million Years

Study Reveals Meat Smoking Dates Back Over One Million Years

(MENAFN) A groundbreaking study from Tel Aviv University (TAU) reveals that early humans might have started smoking meat to preserve it nearly one million years ago, offering fresh insights into how prehistoric species like Homo erectus strategically …

Ecuador Endorses Constitutional Amendment to Allow Foreign Military Bases

Ecuador Endorses Constitutional Amendment to Allow Foreign Military Bases

(MENAFN) Ecuador’s National Assembly gave final approval Tuesday to a constitutional amendment that would authorize the presence of foreign military bases within its borders. The initiative, introduced by President Daniel Noboa, seeks to strengthen …

China celebrates World Environment Day through valuable activities

China celebrates World Environment Day through valuable activities

(MENAFN) According to reports, communities across China are organizing a range of activities to promote environmental protection in anticipation of World Environment Day, observed annually on June 5. An aerial drone image captured on June 4, 2025, shows …

Bulgaria Poised to Join Eurozone in 2026

Bulgaria Poised to Join Eurozone in 2026

(MENAFN) The European Commission declared on Wednesday that Bulgaria is prepared to adopt the euro currency starting January 1, 2026, having satisfied all the essential criteria. This announcement was made in the 2025 Convergence Report, which was …

Israel Heads to Early Elections Amid Political Crisis

Israel Heads to Early Elections Amid Political Crisis

(MENAFN) Threats from ultra-Orthodox parties to destabilize Premier Benjamin Netanyahu’s coalition government over the military conscription of Haredi Jews are steering Israel toward premature elections. The growing tensions surrounding this issue have …

In a Shifting Market, Partner Real Estate’s Instant Offers Exchange (IOX) Redefines the Advantage for Sellers and Agents

In a Shifting Market, Partner Real Estate’s Instant Offers Exchange (IOX) Redefines the Advantage for Sellers and Agents

LOS ANGELES, CA, UNITED STATES, June 3, 2025 /⁨EINPresswire.com⁩/ -- As CNN and other national outlets report that sellers now outnumber buyers by the widest margin in over a decade, many in the real estate industry are bracing for a prolonged slowdown. …

European Residential Real Estate Investment Trust Announces Results of 2025 Annual Meeting

European Residential Real Estate Investment Trust Announces Results of 2025 Annual Meeting

TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN) (“ERES”) announced today that, at its Annual Meeting of Unitholders held today, each of the items of business referred to in its management …

Canadian General Investments: Investment Update - Unaudited

Canadian General Investments: Investment Update - Unaudited

TORONTO, Canada, June 04, 2025 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2025 was $66.73 resulting in year-to-date and 12-month NAV …

Hudbay Provides an Update on Manitoba Operations due to Wildfire Evacuation Order

Hudbay Provides an Update on Manitoba Operations due to Wildfire Evacuation Order

TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) continues to respond to the evolving wildfire situation in northern Manitoba and is working closely with local authorities to ensure its employees …

Germany Greenlights Major Tax Cut Package

Germany Greenlights Major Tax Cut Package

(MENAFN) Germany’s federal Cabinet on Wednesday greenlit a sweeping tax relief package totaling €46 billion (around $52.3 billion), aimed at jumpstarting an economy under mounting pressure. According to an official government statement, the measures will …

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