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Oil rises, stocks slip on fragile Mideast peace hopes
Oil rises, stocks slip on fragile Mideast peace hopes NEW YORK: Oil prices rose on Wednesday (Jun 3), edging closer to US$100 a barrel while stocks fell as further attacks between the United States and Iran dented hopes of an imminent peace deal. Wall Street indexes tumbled and European stocks were mostly in the red, following a mixed showing in Asia.
EasyJet shares surge after budget airline brands takeover talks from US firm 'highly opportunistic'
EasyJet shares surge after budget airline brands takeover talks from US firm 'highly opportunistic' No-frills airline easyJet has dismissed a takeover approach from a US investment firm as "highly opportunistic" as shares in the budget airline jumped as much as 13% this morning Shares in easyJet soared after bosses at the British budget airline knocked back a takeover swoop. The Luton-based airline branded an approach by US investment firm Castlelake “highly opportunistic”. It also confirmed...
US military says it intercepted Iranian missile and drone attacks in Gulf
The US military said on Tuesday that it had intercepted and defeated a series of Iranian missile and drone attacks targeting regional neighbours, including Kuwait and Bahrain, while also carrying out self-defence strikes on Iran’s Qeshm Island, according to US Central Command. Follow our liveblog for the latest developments. Oil rises on Middle East tensions as AI-fuelled stock rally continues Oil prices extended gains on Wednesday as Middle East peace talks stuttered, though stocks mostly...