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Middle East Consumer Products News: Press Releases

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Press releases published on May 27, 2025

ECB head urges for greater dominance of euro

ECB head urges for greater dominance of euro

(MENAFN) Christine Lagarde, The European Central Bank Leader on Monday urges a stronger international dominance of the euro, cautioning that the worldwide supremacy of the US dollar is confronting growing doubt. Lagarde voiced her worry while talking at a …

Trump Considers Tougher Sanctions on Russia

Trump Considers Tougher Sanctions on Russia

(MENAFN) U.S. Leader Donald Trump is currently deliberating over potential new punitive actions against Russia, as diplomatic strains with Russian President Vladimir Putin deepen. The root of the conflict lies in Moscow’s relentless offensive in Ukraine …

Gas Leak Blast in Tokyo Injures Ten, Rocks Nearby Buildings

Gas Leak Blast in Tokyo Injures Ten, Rocks Nearby Buildings

(MENAFN) Ten individuals sustained injuries on Tuesday after an explosion rocked a construction site in Tokyo, the capital of Japan, according to reports from a news outlet. The incident occurred when a maintenance vehicle ignited, reportedly due to a gas …

Malaysia Hosts ASEAN-GCC Summit

Malaysia Hosts ASEAN-GCC Summit

(MENAFN) The second summit between the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) took place on Tuesday in Kuala Lumpur, the capital city of Malaysia. The gathering marked another milestone in fostering regional …

Mass U.S. Deportation: 90 More Venezuelans Migrants Return Home

Mass U.S. Deportation: 90 More Venezuelans Migrants Return Home

(MENAFN) A group of 90 Venezuelan migrants expelled by the United States landed in Caracas on Wednesday, according to an announcement from the Interior Ministry. The deportees—comprising 77 men, six women, and seven children—were flown from Texas to Simón …

ECB President Warns of Fragmentation in Global Economic Order

ECB President Warns of Fragmentation in Global Economic Order

(MENAFN) European Central Bank (ECB) President Christine Lagarde expressed concern on Monday about the increasing disintegration of the multilateral framework that has long governed international trade and the global economy. She highlighted the rise of …

Mexico Calls on U.S. to Reopen Border to Cattle Exports

Mexico Calls on U.S. to Reopen Border to Cattle Exports

(MENAFN) Mexican President Claudia Sheinbaum expressed urgent hopes on Monday for the United States to resume cattle imports "as soon as possible, following a 15-day halt imposed on May 11 due to a screwworm outbreak. “We are waiting for the border to open …

Merz Urges Israel to End Civilian Suffering in Gaza

Merz Urges Israel to End Civilian Suffering in Gaza

(MENAFN) German Chancellor Friedrich Merz sustained his pointed critique of Israel's renewed military campaign in Gaza on Tuesday, urging Tel Aviv to take immediate steps to alleviate the plight of Palestinian civilians. Speaking during a joint press …

Germany’s Air Cargo Sector Faces Decline

Germany’s Air Cargo Sector Faces Decline

(MENAFN) Frankfurt Airport, historically the leading air cargo gateway in Europe, has now ceded its top spot to Istanbul Airport, according to the German Aviation Association (BDL). The association attributed this shift to increasing operational expenses …

Gaza Bleeds: Israeli Forces Kill Five More Palestinians, Including Child

Gaza Bleeds: Israeli Forces Kill Five More Palestinians, Including Child

(MENAFN) Five additional Palestinians were fatally shot by Israeli forces in the Gaza Strip, marking the latest casualties in Israel’s relentless military campaign against the blockaded territory, medical officials reported Tuesday. According to a medical …

Nepali Climber Breaks Everest Record with 31st Ascent

Nepali Climber Breaks Everest Record with 31st Ascent

(MENAFN) Nepali mountaineer Kami Rita Sherpa reached the summit of Mount Everest for an unprecedented 31st time early Tuesday morning, further extending his own world record for the most successful climbs of the planet’s tallest peak. As reported by a …

SciSparc Announces Publication of Japanese Patent Application

SciSparc Announces Publication of Japanese Patent Application

TEL AVIV, Israel, May 27, 2025 (GLOBE NEWSWIRE) -- SciSparc Ltd. (Nasdaq: SPRC) ("Company" or "SciSparc"), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders and rare diseases of the central …

Axsome Therapeutics Settles SUNOSI® (solriamfetol) Patent Litigation with Hetero Labs Ltd.

Axsome Therapeutics Settles SUNOSI® (solriamfetol) Patent Litigation with Hetero Labs Ltd.

NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM) (Axsome), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today announced that it has entered into a settlement …

AutoZone 3rd Quarter Total Company Same Store Sales Increase 5.4%; Domestic Same Store Sales Increase 5.0%; EPS of $35.36

AutoZone 3rd Quarter Total Company Same Store Sales Increase 5.4%; Domestic Same Store Sales Increase 5.0%; EPS of $35.36

MEMPHIS, Tenn., May 27, 2025 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.5 billion for its third quarter (12 weeks) ended May 10, 2025, an increase of 5.4% from the third quarter of fiscal 2024 (12 weeks). Same store sales …

PDD Holdings Announces First Quarter 2025 Unaudited Financial Results

PDD Holdings Announces First Quarter 2025 Unaudited Financial Results

DUBLIN and SHANGHAI, May 27, 2025 (GLOBE NEWSWIRE) -- PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total …

Jeffs’ Brands Prepares for Official Launch of Fort’s AI-Based Pest Control App on the Apple iOS and Android Platforms

Jeffs’ Brands Prepares for Official Launch of Fort’s AI-Based Pest Control App on the Apple iOS and Android Platforms

Tel Aviv, Israel, May 27, 2025 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, is preparing for the official launch of its innovative …

Celebrating a Global Success: CoinEx Crypto Quest: The Bitcoin Pizza Hunt

Celebrating a Global Success: CoinEx Crypto Quest: The Bitcoin Pizza Hunt

HONG KONG, May 27, 2025 (GLOBE NEWSWIRE) -- On May 22, 2025, CoinEx celebrated Bitcoin Pizza Day with a one-of-a-kind global treasure hunt “CoinEx Crypto Quest: The Bitcoin Pizza Hunt”, bringing together our diverse international community for a day of fun …

Iran applauds truce between Pakistan, India

Iran applauds truce between Pakistan, India

(MENAFN) It was stated that the Iranian Leader Masoud Pezeshkian on Monday praised the truce between Pakistan and India. Pezeshkian stated at a shared media conference while meeting Pakistani Prime Minister Shehbaz Sharif that Iran thought about securing …

Greek Coastguards Face Charges Over Shipwreck

Greek Coastguards Face Charges Over Shipwreck

(MENAFN) Seventeen individuals from Greece's Hellenic Coast Guard have been formally accused in connection with the 2023 Pylos shipwreck, considered one of the gravest maritime tragedies involving migrants in the Mediterranean in recent years. According to …

Chinese Dragon Boat Festival marks its 11th year

Chinese Dragon Boat Festival marks its 11th year

(MENAFN) A total of 49 groups from throughout Britain participated in the 2025 UK Chinese Dragon Boat Festival, which took place in Manchester on Sunday. Currently in its 11th year of celebration, regional British companies, community institutions, Chinese …

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