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Elliott Investment Management LP and Strategic Value Partners have recently bought debt of Braskem SA, the Brazilian petrochemical producer rushing to get creditors to agree to a restructuring plan, according to people familiar with the matter.

Brent falls as Israel, Hezbollah agree to ceasefire Reuters

Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reports Reuters

How to counter an insidious global threat.

A gauge of emerging-market currencies trimmed losses following a report that Israel and Hezbollah have agreed to a ceasefire in Lebanon.

Switzerland says US-Iran talks planned for Friday are off Reuters

Fear of a Reform victory led Makerfield voters — including some 2024 Conservatives — to tactically vote Labour

US-Iran peace talks in Switzerland called off, clouding prospects for lasting truce Reuters

Analysts reckon a lasting resolution to the Middle East conflict will take some time to materialize.

EXCLUSIVE: Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources say Reuters