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Virgin Australia surges in market comeback
Virgin Australia surges in market comeback
Economy
by  AFP

Virgin Australia climbed sharply as it re-entered the local share market Tuesday, a dramatic comeback from near bankruptcy more than four years ago. Qatar Airways bought a 25 percent share in the carrier this year.

Asian stocks up as Trump announces Iran-Israel ceasefire
Asian stocks up as Trump announces Iran-Israel ceasefire
Economy
by  AFP

Asian shares gained and oil prices were down Tuesday, as fears of an energy market shock eased following US President Donald Trump's announcement of a ceasefire between Iran and Israel. Trump said Iran and Israel had agreed to a staggered ceasefire that would bring about an "official end" to their conflict, as strikes continued to hammer Tehran.