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US Federal Reserve Chairman Kevin Warsh kicked off his first meeting in charge of the central bank's rate-setting committee on Tuesday, with policymakers largely expected to keep rates steady as the fallout of the Iran war ripples through the world's largest economy.

Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders are eyeing the risk of Iranian "service fees" on ships transiting the strait.

A military mission set up by France and Britain to help re-open the Strait of Hormuz is ready to deploy, following the announcement of a US-Iran deal to end the Middle East war.

The EU parliament Tuesday passed a ban on marketing plant-based foods as "steak" or "bacon" -- though veggie "burgers" will get to stay on European menus.

Russian oil producer Tatneft has introduced fuel rationing at hundreds of petrol stations across the country, AFP learnt on Tuesday, as increased Ukrainian attacks hit Russia's refining capacity.

The European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapter of transatlantic trade relations.

German investor confidence jumped sharply in June, a key survey showed Tuesday, as the outlook improves for Europe's biggest economy following the announcement of a US-Iran peace deal.

Iran said Tuesday that talks with the United States on its nuclear programme and sanctions relief would likely begin later this week, as President Donald Trump said the Strait of Hormuz would "completely open" once the foes sign their deal.

Every Kashmiri wedding has its own story, but all share a common thread of the "wazwan", a famed feast of slow-cooked meats, shared platters and centuries-old culinary craftsmanship.

France's domestic intelligence agency will stop working with American AI giant Palantir, Prime Minister Sebastien Lecornu said Tuesday, as European nations increasingly doubt the dependability of the United States.

India blocked access to Telegram messenger on Tuesday ahead of a retest of a nationwide medical college entrance examination, after a scandal last month over a question paper leak.

Equities extended their rally and oil prices fell further on Tuesday, fuelled by the US-Iran peace deal and as tech firms tracked another blockbuster performance by SpaceX.

The Bank of Japan hiked interest rates to a 31-year high on Tuesday as it battles inflation caused by the Middle East war -- even after Washington and Tehran agreed a peace deal.

Tokyo topped 70,000 and Seoul piled on more than two percent as equities extended their rally on Tuesday fuelled by the US-Iran peace deal and as tech firms tracked another blockbuster performance by SpaceX.

Tuesday marks the final day for UniCredit's hostile and highly political takeover offer for Commerzbank, as Italy's second-largest bank has its sights on an ambitious pan-European banking merger.

The Bank of Japan hiked interest rates to a 31-year high Tuesday as it battles inflation caused by the Middle East war, even after Washington and Tehran agreed a peace deal.

Growing up in Tahiti, Anna-Bella Failloux saw first-hand the threat posed by mosquitoes: nearly a third of adults on the picturesque island once had swollen limbs from elephantiasis caused by their bites.

Under a shed in north India, women scoop cow dung, lumps of unrefined sugar and flour to produce biofertiliser -- part of a growing effort to tackle anxieties over the supply of chemical fertilisers.

Equities mostly rose Tuesday and oil prices held losses following the previous day's euphoric rally sparked by the US-Iran peace deal that will reopen the crucial Strait of Hormuz.

Thai fisherman Somdet Singthong steered his metal skiff across the brown waters of the Mekong river, resigned to the pollution that has put his health and lifelong source of livelihood at risk.

The European Parliament is set on Tuesday to give a final sign off to implement a tariff deal with the United States as it seeks to close a volatile chapter of transatlantic trade relations.

News consumers around the world are now turning more to social media and video platforms than traditional outlets for information, a respected report said Tuesday, warning that old-style business models are under threat.

US President Donald Trump said Monday that ships were again moving through the Strait of Hormuz and the vital oil route would be "completely open" by Friday, after Washington and Tehran announced a deal to end the Middle East war.

US President Donald Trump said on Monday the Strait of Hormuz would be fully open later in the week, after Washington and Tehran announced a deal to end the Middle East war.

US President Donald Trump said on Monday the Strait of Hormuz would be fully open later in the week, after Washington and Tehran announced a deal to end the Middle East war.

Protests have swept Albania for more than two weeks over plans for a luxury hotel project linked to US President Donald Trump's son-in-law Jared Kushner.

The International Monetary Fund chief on Monday welcomed the ceasefire agreement between the United States and Iran, but warned it would take time for energy and other supply disruptions to dissipate.

Launch 3 Telecom (“Launch 3”) today announced it has secured a new facility in Lakeland, Florida, significantly expanding its capacity to support customers with advanced logistics and distribution services.

Shipping groups warned Monday that it was too soon to start sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their agreement to end the war.

Oil prices tumbled towards $80 a barrel and stocks climbed Monday after the United States and Iran reached a deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets.

The deal between the United States and Iran to end their war, negotiated in secret and still not revealed in detail, was greeted with scepticism but a measure of relief among ordinary people across the Middle East.

Germany's working-age population will shrink by 4.3 million by 2036 as people retire, the birth rate drops and tougher migration policies deter foreign workers, a study warned Monday.