Stocks near record high as crude oil drops on Iran
Global stocks climbed to approach a record high as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened.
Iran says no surrender to US, diplomacy ‘wiser’ than war
Iran’s President Masoud Pezeshkian says that “all paths” to a diplomatic solution “remain open from our side”, but warns that “forcing Iran to surrender through coercion is nothing but an illusion”.
Trump says Iran attack held off upon Gulf states’ request
US President Donald Trump says he has agreed to wait two to three days before striking Iran because Saudi Arabia, Qatar and the UAE said they were close to finalising a deal with Tehran.
Zim firms urged to curb energy costs, seek alternatives as US-Iran war stokes inflation
The Confederation of Zimbabwe Industries (CZI) has urged businesses to prioritise energy cost containment, optimize supply chains and seek alternatives, as the ongoing US-Iran conflict stokes inflation and disrupts raw materials access.
Trump and Xi summit ends without any major deals signed
President Donald Trump departed Beijing Friday afternoon local time without any immediate sign that the US and China have resolved thorny challenges dogging their fractious relationship, but with a freshly stabilized relationship with Chinese leader Xi Jinping – for now.
World watches as Trump and Xi to hold high-stakes talks
US President Donald Trump is on his way to Beijing to meet China’s President Xi Jinping and says he’ll have a “long talk” about Iran but trade will be the main focus.
Proplastics weathers the storm as global tensions test resilience
The Q1 20206 trading update from Proplastics paints the picture of a company navigating a difficult operating environment while still delivering strong growth.
Trump slams Iran proposal, Tehran says US demands “unreasonable”
US President Donald Trump has said the ceasefire with Iran is “on life support” after rejecting Tehran’s latest proposal to end the conflict, calling it “totally unacceptable”.
Iran responds to US peace proposal as tensions escalate in the region
Washington is reviewing Tehran’s response to its latest proposal for ending the war.
Day 71 of Middle East conflict — US awaits response from Iran on proposal to end war
Iran has warned it would launch a “heavy assault” on US assets in the Middle East if its ships face further attacks, as the US awaits response from the country on proposal to end war.