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The LATAM Media Report: Press Releases

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Press releases published on May 12, 2025

U.S., China Forge Major 90-day Tariff Rollback

U.S., China Forge Major 90-day Tariff Rollback

(MENAFN) In a surprising turn of events, the United States and China have announced a significant rollback of punitive tariffs for an initial 90-day period. This development, detailed in a joint statement released by the U.S. on Monday, offers a glimmer of …

S. Korea’s Court Stalls Presidential Frontrunner’s Hearing Until Post-Election

S. Korea’s Court Stalls Presidential Frontrunner’s Hearing Until Post-Election

(MENAFN) A South Korean high court has announced it will postpone the hearing regarding presidential frontrunner Lee Jae-myung's subornation of perjury case until after the June 3rd presidential election, according to a South Korean news agency. This …

Russia's Air Power Soars with Latest Su-35S Fighter Aircraft Delivery

Russia's Air Power Soars with Latest Su-35S Fighter Aircraft Delivery

(MENAFN) A new batch of Su-35S multi-role fighter aircraft has been delivered to the Russian Defense Ministry, the United Aircraft Corporation (UAC) announced on Monday. The state-of-the-art 4++ generation fighter jets completed extensive factory testing …

Toyota's Profits Plummet Amidst Trade Disputes

Toyota's Profits Plummet Amidst Trade Disputes

(MENAFN) Toyota Motor, the world's leading car manufacturer, is reportedly facing significant financial setbacks due to the ongoing trade disputes instigated by U.S. President Donald Trump. The company projects a $1.2 billion profit reduction within a two- …

Kanchenjunga's Ascent Claims French Climber's Life

Kanchenjunga's Ascent Claims French Climber's Life

(MENAFN) A 63-year-old French mountaineer, Margareta Morin, tragically died on Mount Kanchenjunga last week, according to the expedition organizer on Monday. Yogendra Tamang, founder and CEO of Peak 15 Adventure, reported that Morin appeared to have …

Pharvaris to Host a Virtual R&D Call “Deucrictibant: Beyond HAE Type 1/2” on June 4

Pharvaris to Host a Virtual R&D Call “Deucrictibant: Beyond HAE Type 1/2” on June 4

ZUG, Switzerland, May 12, 2025 (GLOBE NEWSWIRE) -- Pharvaris (Nasdaq: PHVS), a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs of those living with bradykinin-mediated diseases such …

MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

VICTORIA, Seychelles, May 12, 2025 (GLOBE NEWSWIRE) -- MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events …

CytomX Therapeutics Announces First Quarter 2025 Financial Results and Provides Business Update

CytomX Therapeutics Announces First Quarter 2025 Financial Results and Provides Business Update

- Announced Positive Interim Data From Ongoing Phase 1 Dose Escalation Study of EpCAM Antibody Drug Conjugate (CX-2051) in Patients with Advanced Colorectal Cancer (CRC) - - Initiated CX-2051 Phase 1 dose expansions at 7.2 mg/kg, 8.6 mg/kg, and 10 mg/kg …

MEXC Launches DEX+ Super Fest with Multiple Rewards and Fee Rebates

MEXC Launches DEX+ Super Fest with Multiple Rewards and Fee Rebates

VICTORIA, Seychelles, May 12, 2025 (GLOBE NEWSWIRE) -- MEXC, the world's leading cryptocurrency trading platform, is thrilled to announce the launch of its highly anticipated DEX+ Super Fest. The event kicks off on May 10, 2025, at 05:00 (UTC) and runs …

KANZHUN LIMITED to Report First Quarter 2025 Results on May 22, 2025

KANZHUN LIMITED to Report First Quarter 2025 Results on May 22, 2025

BEIJING, May 12, 2025 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that it will report its unaudited consolidated results for the first …

Music Streaming Market is Expanding Rapidly with 17.3% CAGR by 2032, Driven by On-Demand Audio and Subscription Growth

Music Streaming Market is Expanding Rapidly with 17.3% CAGR by 2032, Driven by On-Demand Audio and Subscription Growth

Burlingame, CA, May 12, 2025 (GLOBE NEWSWIRE) -- Coherent Market Insights published a report, titled, the global Music Streaming Market size is calculated at USD 47.06 billion in 2025 and is forecasted to reach around USD 143.89 billion by 2032, …

Putin says AI provides ‘colossal’ army advantage

Putin says AI provides ‘colossal’ army advantage

(MENAFN) President Vladimir Putin has stressed the importance of Russia leading the charge in integrating artificial intelligence (AI) into its military operations. Speaking at a government meeting on Wednesday, Putin emphasized that Russia should …

Philippines Midterm Elections Reflect Political Divides

Philippines Midterm Elections Reflect Political Divides

(MENAFN) Voting commenced across the Philippines on Monday in pivotal midterm elections, as millions of citizens flocked to polling centers to select new local officials, including mayors, provincial governors, and members of the House of Representatives, …

Poland Shuts Down Russian Consulate in Krakow After Arson Claims

Poland Shuts Down Russian Consulate in Krakow After Arson Claims

(MENAFN) Poland has withdrawn the operating permit for the Russian Consulate in Krakow, directly linking the decision to evidence suggesting Russian intelligence involvement in a recent arson attack in Warsaw. Foreign Minister Radoslaw Sikorski announced …

UK provides ‘Ikea-style’ arms decoys to Ukraine

UK provides ‘Ikea-style’ arms decoys to Ukraine

(MENAFN) The British military is supplying Ukraine with flat-pack decoy kits designed to mimic real weapons systems, The Times reported on Saturday. The goal is to mislead Russian forces and make it appear as though Ukraine has more modern equipment on the …

Russian army correspondent passes away following Ukrainian HIMARS assault

Russian army correspondent passes away following Ukrainian HIMARS assault

(MENAFN) Nikita Goldin, a Russian military correspondent severely injured in a Ukrainian rocket attack last month, has died in a Moscow hospital, according to the Defense Ministry’s Zvezda TV channel where he worked. The incident, which occurred in the …

Zelensky Poses Truce Condition for Potential Putin Summit

Zelensky Poses Truce Condition for Potential Putin Summit

(MENAFN) Volodymyr Zelensky, Ukraine's defiant leader, has issued a bold challenge, declaring his readiness to confront Russian President Vladimir Putin “personally” in Turkey this Thursday, but only under the stringent condition of an immediate ceasefire. …

Russia’s security director says NATO forces in Ukraine possibly to provoke WWIII

Russia’s security director says NATO forces in Ukraine possibly to provoke WWIII

(MENAFN) Sergey Shoigu, the secretary of Russia’s National Security Council, has cautioned that sending foreign troops into Ukraine could provoke a direct confrontation between Russia and NATO, potentially escalating into a global conflict. Shoigu claimed …

Russia Mentions Basis for Peace Talks with Ukraine

Russia Mentions Basis for Peace Talks with Ukraine

(MENAFN) Yury Ushakov, an aide to Russian Leader Vladimir Putin, emphasized that peace talks with Ukraine must consider both the current situation on the ground and the discussions from the 2022 Istanbul talks. His comments followed President Putin's offer …

Ukrainian Lawmaker Describes Telegram as "Enemy Tool"

Ukrainian Lawmaker Describes Telegram as "Enemy Tool"

(MENAFN) A high-ranking Ukrainian legislator responsible for the parliamentary committee on information policy has branded Telegram as an "enemy tool" exploited by Russia to "destroy" Ukraine’s sovereignty. This statement comes at a time when there are …

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