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Iran and Israel Agree to Ceasefire Following US Intervention, With Conditions

Iran and Israel announced on Monday a mutual suspension of direct attacks, following an appeal by US President Donald Trump, in an effort to de-escalate tensions that had threatened to undermine ongoing negotiations to end the three-month conflict. Tehran, however, cautioned that it would resume hostilities if Israel persisted with its military campaign against the Iran-backed Hezbollah group in Lebanon. The latest exchange represented the most significant direct confrontatio

World news

14 hours ago

Airline Industry Braces for Turbulence as IATA Summit Opens in Rio

International airline leaders convened in Rio de Janeiro on Saturday for the annual International Air Transport Association (IATA) summit, confronting a more challenging outlook for the sector’s post-pandemic rebound than anticipated just months ago. The three-day gathering comes against the backdrop of escalating fuel costs triggered by the ongoing Iran conflict, which has also forced route adjustments and airspace disruptions. At the same time, airlines are grappling with c

Business

2 days ago

Leaders of Britain's Largest Companies Are Now More Worried About the Economy Than They Have Been for Six Years, Mainly Due to Rising Energy Costs from the Iran Conflict

A new survey of the top finance bosses at many of the UK's biggest companies (including those on the FTSE 100 and 250 stock market lists) has found that their overall confidence in the economy has dropped dramatically. In the second half of March 2026, their "net confidence" score fell to a very negative -57%. This is much worse than the -13% seen at the end of 2025 and is the lowest level recorded since the early days of the COVID-19 pandemic in 2020. The main reason for thi