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Press releases published on June 4, 2025

Disney fires employees due to budget cuts
(MENAFN) Reports indicate that the American entertainment giant, The Walt Disney Company, is laying off hundreds of workers across its global operations. The move comes as the company seeks to reduce expenses and adjust to changes within the media …

Rwanda, Algeria Forge Cooperation During Rwandan President Visit
(MENAFN) Rwandan President Paul Kagame kicked off a two-day official visit to Algeria on Tuesday, engaging with President Abdelmadjid Tebboune and witnessing the signing of multiple bilateral agreements designed to strengthen cooperation across diverse …

EU, US Trade Talks Show Progress
(MENAFN) As trade disputes intensify following Leader Donald Trump's tariff measures, EU Trade Commissioner Maros Sefcovic stated on Wednesday that discussions with the United States are moving forward positively, with ongoing close communication to …

Almost Two Million Muslim Pilgrims Kick Off Hajj Rituals
(MENAFN) Close to two million Muslim worshippers commenced the spiritually profound Hajj pilgrimage in Saudi Arabia on Wednesday. The pilgrims performed the Tawaf by circling the Kaaba, located at the center of Mecca’s sacred mosque, before proceeding to …

Germany Approves Tax Relief Plan
(MENAFN) On Wednesday, Germany’s federal Cabinet approved its initial tax reduction package worth EURO46 billion (about USD52.3 billion) aimed at alleviating pressures on the ailing economy. This measure is designed to provide financial relief and …

OECD Cuts UK Growth Outlooks as Debt, Inflation Risks Intensify
(MENAFN) Britain’s economic growth is poised to weaken over the next two years, the Organization for Economic Cooperation and Development (OECD) warned Tuesday, citing intensifying trade conflicts, tightening financial conditions, and growing uncertainty. …

Canada plans to restrict immigration
(MENAFN) The Canadian government has introduced a legislative proposal aiming to constrict immigration controls and enhance security measures at the border. Immigration Minister Lena Diab explained that the Strong Borders Act is intended to combat …

South Korea’s New President Announces Cabinet Appointments
(MENAFN) South Korea’s freshly elected President Lee Jae-myung announced his first Cabinet nomination on Wednesday by appointing his chief campaign advisor Kim Min-seok as prime minister. This decision came just hours after Lee took his oath of office. At …

China Says South Korea Ties Must Be Free from “Third Party” Influence
(MENAFN) China emphasized on Wednesday that its relationship with South Korea must remain unaffected by “Third Party” influences as President Lee Jae-myung begins his five-year term, according to state media. “The driving force behind the development of …

UK Experiences Driest Spring in Decades
(MENAFN) The United Kingdom has undergone its hottest spring ever documented, coupled with the least rainfall in over fifty years, according to preliminary data released Monday. Statistics from the Met Office, the nation's official weather service, …

Farmers fight AI over China’s rice fields
(MENAFN) Beneath the warm June sunshine, vibrant rice paddies spread across the "Tianfu granary" demonstration area in Chongzhou, situated in southwest China’s Sichuan Province. Here, an ambitious agricultural experiment is underway. As the second round of …

UK Services Sector Sees Slight Rebound in May
(MENAFN) The British services sector experienced a modest rebound in May, recovering from April’s record-low performance, according to figures released Wednesday by S…

Hungarian PM says Ukraine would drain EU resources
(MENAFN) Ukraine would be a huge drain on EU resources if it became a member of the bloc, Hungarian Prime Minister Viktor Orban has warned. He accused officials in Brussels of attempting to force the issue despite the cost. Orban, a long-standing opponent …

Trump Revokes Emergency Abortion Rule
(MENAFN) The United States government declared on Tuesday that it has rescinded a regulation established by the Biden administration. This rule had obligated hospitals to offer emergency abortions to pregnant individuals experiencing life-threatening …

Sterling Capital Management Enhances Growth Initiatives with Ultimus Fund Solutions
CINCINNATI, June 04, 2025 (GLOBE NEWSWIRE) -- Ultimus Fund Solutions® (Ultimus®), a leading independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions, is pleased to announce the successful conversion …

Oncovita receives FDA Orphan Drug Designation for its lead oncolytic virus candidate MVdeltaC in the treatment of pleural mesothelioma
Oncovita receives FDA Orphan Drug Designation for its lead oncolytic virus candidate MVdeltaC in the treatment of pleural mesothelioma Paris, France, June 4th, 2025. Oncovita, a biotechnology company developing innovative virus-based immunotherapies for …

Koddi and DEEL Media Partner to Streamline Digital Out-of-Home Buying Across Screens
FORT WORTH, Texas, June 04, 2025 (GLOBE NEWSWIRE) -- Koddi, the leading retail and commerce media technology for enterprises, today announced a partnership with DEEL Media, a leader in the on-premise display deployment. Through this engagement, retailers …

Anker SOLIX Launches F3000 Portable Power Station: Delivering Essential Home Backup Power
BELLEVUE, Wash, June 04, 2025 (GLOBE NEWSWIRE) -- Anker SOLIX, a global leader in power delivery and storage solutions, today announced the launch of the Anker SOLIX F3000 Portable Power Station, designed to provide reliable backup power for households …

JAPAN HOUSE Los Angeles Announces June Programming
LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) -- JAPAN HOUSE Los Angeles is excited to host several diverse events drawing from the rich Japanese culture throughout the month of June. Start by stepping into the world of NEO-JAPONISM | SAMURAI AND BEYOND: …

Taboola Launches Predictive Audiences As Part of Realize Offering, Empowering Advertisers to Reach More High-Converting Customers; Advertisers Including The Motley Fool and NerdWallet Achieve Nearly 270% Uplift in Conversions and Drive Incremental…
NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a global leader in delivering performance at scale for advertisers, today announced an enhancement to Realize, its performance marketing platform, called Predictive Audiences. Predictive …