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WORLD

Iran truce spurs hopes for world economy, but recovery will be rocky

AFP, Published on 08/04/2026

» PARIS (FRANCE) - The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.

WORLD

Jet fuel supplies to take 'months' to recover from war disruption: IATA

AFP, Published on 08/04/2026

» SINGAPORE - It will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open, the head of the International Air Transport Association (IATA) said on Wednesday.

WORLD

Middle East war: ceasefire reactions

AFP, Published on 08/04/2026

» PARIS — The United States and Iran agreed to a two-week ceasefire, with both sides claiming victory.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

WORLD

Pakistan makes last-minute bid to avert Trump threat to destroy Iran

AFP, Published on 08/04/2026

» TEHRAN - Pakistan made a last-minute proposal Tuesday to avert catastrophic US attacks on Iran, hours ahead of a deadline set by President Donald Trump who warned a "whole civilization will die tonight".

WORLD

War in the Middle East: latest developments

AFP, Published on 08/04/2026

» PARIS (FRANCE) - The latest developments in the Middle East war:

WORLD

Trump warns 'whole civilisation will die' in Iran if ultimatum expires

AFP, Published on 07/04/2026

» WASHINGTON - United States President Donald Trump warned that "a whole civilisation will die" in Iran on Tuesday if the country does not heed his ultimatum to accept US war demands.

BUSINESS

US fund Pershing Square launches takeover bid for Universal Music

AFP, Published on 07/04/2026

» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.

WORLD

War in the Middle East: latest developments

AFP, Published on 07/04/2026

» PARIS — The latest developments in the Middle East war:

WORLD

Nepal vows action against trekker rescue scam

AFP, Published on 07/04/2026

» KATHMANDU — Nepal's government has developed tough measures to stamp out insurance scams involving unnecessary helicopter rescues of trekkers, an official said Tuesday, a long-running racket threatening the country's vital tourism industry.