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Canadian Consumer Products Report: Press Releases

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Press releases published on July 31, 2025

China Summons Nvidia Over Alleged Risks

China Summons Nvidia Over Alleged Risks

(MENAFN) The Cyberspace Administration of China (CAC) on Thursday summoned the American semiconductor leader Nvidia to provide clarification regarding alleged "backdoor security risks" linked to its H20 processing chips. According to a statement released …

Indonesia puts fresh benchmark prices for CPO, cocoa

Indonesia puts fresh benchmark prices for CPO, cocoa

(MENAFN) Indonesia has announced new benchmark prices for August, increasing the rate for crude palm oil (CPO) and reducing it for cocoa beans, according to government sources. The updated reference price for CPO has risen by $33.02 to $910.91 per metric …

US Imposes Sanctions on Brazilian Judge

US Imposes Sanctions on Brazilian Judge

(MENAFN) The administration of U.S. President Donald Trump imposed punitive measures on Wednesday against the Brazilian Supreme Court magistrate overseeing the legal case involving ex-President Jair Bolsonaro, accusing him of "serious human rights abuse." …

Moscow Exchange Starts Ethereum Futures

Moscow Exchange Starts Ethereum Futures

(MENAFN) The Moscow Exchange (MOEX) — recognized as Russia’s foremost securities marketplace — announced that it will begin offering futures contracts connected to Ethereum, the second-largest digital currency, starting on August 5. According to the …

Japan agency lifts remaining tsunami advisories

Japan agency lifts remaining tsunami advisories

(MENAFN) All tsunami advisories in Japan were officially lifted Thursday afternoon, following a massive earthquake that struck off the coast of Russia the day before, according to reports. The Japan Meteorological Agency (JMA) had initially issued tsunami …

Fed Chair Powell Signals Maintaining Rates

Fed Chair Powell Signals Maintaining Rates

(MENAFN) US Federal Reserve Chair Jerome Powell stated on Wednesday that the central bank might maintain the current policy rate as it monitors whether new tariffs will influence inflation, following the Fed's decision to keep rates steady once more. …

Hezbollah Rejects Disarmament

Hezbollah Rejects Disarmament

(MENAFN) Hezbollah Secretary-General Naim Qassem firmly declared on Wednesday that the group would not relinquish its arms “for the sake of Israel,” emphasizing that the matter of disarmament is “a purely internal Lebanese matter.” In a speech broadcast on …

ISU: Ice Skating Revenues Plunge Due to Russian Athlete Ban

ISU: Ice Skating Revenues Plunge Due to Russian Athlete Ban

(MENAFN) The International Skating Union (ISU), the global authority for figure skating, has disclosed a significant financial hit linked to the suspension of Russian athletes worldwide, according to its 2024 financial report. The organization reported …

UK Stands Firm on Palestinian State Recognition Despite Legal Pushback

UK Stands Firm on Palestinian State Recognition Despite Legal Pushback

(MENAFN) The UK Business Minister Gareth Thomas has reiterated the government’s plan to recognize a Palestinian state, despite legal objections from some members of the House of Lords. In an interview during Thursday’s media briefing, Thomas emphasized …

Indonesia, Somalia Forge Stronger Bilateral Collaboration

Indonesia, Somalia Forge Stronger Bilateral Collaboration

(MENAFN) In a high-level meeting held Thursday in Jakarta, Indonesia’s Foreign Minister Sugiono and Somalia’s Foreign Minister Abdisalam Abdi Ali agreed to boost bilateral collaboration across multiple sectors, including trade, agriculture, maritime …

Trump Attacks Fed’s Powell, Calls Him "Total Loser"

Trump Attacks Fed’s Powell, Calls Him "Total Loser"

(MENAFN) US President Donald Trump intensified his attacks on Federal Reserve Chair Jerome Powell on Thursday, labeling him "TOO LATE, and actually, TOO ANGRY, TOO STUPID, …

Turkish Energy Minister states Turkey to begin supplying natural gas to Syria

Turkish Energy Minister states Turkey to begin supplying natural gas to Syria

(MENAFN) Türkiye is set to begin supplying natural gas to Syria starting Saturday through a pipeline running via the southern Kilis province, according to Turkish Energy Minister Alparslan Bayraktar. This effort is part of a collaborative project involving …

"New York Declaration" Renews Backing Two-State Solution

"New York Declaration" Renews Backing Two-State Solution

(MENAFN) The “New York Declaration”, unveiled on Tuesday during a United Nations gathering, reiterated the global commitment to a two-state resolution addressing the Israeli-Palestinian conflict. This statement came as Gaza faces an escalating famine and …

University of California Reaches Deal in Antisemitism Case

University of California Reaches Deal in Antisemitism Case

(MENAFN) The University of California revealed on Tuesday that it had agreed to a settlement nearing $6.5 million in a legal dispute concerning its response to antisemitic events that unfolded at UCLA amid pro-Palestinian demonstrations last year. The case …

HSBC plans to leave banking operations in Bangladesh

HSBC plans to leave banking operations in Bangladesh

(MENAFN) HSBC announced plans to gradually wind down its retail banking operations in Bangladesh starting in the second half of this year, according to company statements. The decision follows a review of the bank’s retail services in the country and …

US companies discover hidden coast of using AI

US companies discover hidden coast of using AI

(MENAFN) A new study has found that the growing use of artificial intelligence (AI) in business operations is contributing to more costly data breaches, as stated by reports. According to the "Cost of a Data Breach 2025" study, 13 percent of the 600 …

Authorities Find Dead Bodies from Biofuel Plant Explosion

Authorities Find Dead Bodies from Biofuel Plant Explosion

(MENAFN) The bodies of two young girls and their adult male family member were discovered on Wednesday at the site of a biofuel facility blast in the U.S. state of Nebraska. The incident occurred on Tuesday at the Horizon Biofuels plant. According to a …

Egyptian leader discusses strengthening military cooperation with Italy’s Defense Minister

Egyptian leader discusses strengthening military cooperation with Italy’s Defense Minister

(MENAFN) Egyptian President Abdel-Fattah al-Sisi held talks with Italy’s Defense Minister Guido Crosetto in Cairo, focusing on strengthening military cooperation and advancing efforts for a ceasefire in the Gaza Strip, according to official statements. The …

Germany Signals Possible Palestinian State Recognition

Germany Signals Possible Palestinian State Recognition

(MENAFN) On Thursday, Germany’s Foreign Minister Johann Wadephul urged that the formal recognition process for a Palestinian state "must begin now," ahead of his upcoming trip to Israel and Palestinian territories. "For Germany, the recognition of a …

Houthis take responsibility for attacking Israel's army targets with drones

Houthis take responsibility for attacking Israel's army targets with drones

(MENAFN) Yemen’s Houthi movement claimed responsibility for launching five drones at Israeli military targets on Wednesday evening, according to a statement aired by Houthi-run al-Masirah TV. Houthi military spokesperson Yahya Sarea said the drones …

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