Global stocks rise and oil price slips amid hopes of US-Iran peace deal - business live

Rolling coverage of the latest economic and financial news Italy’s economy grew more than first estimated at the start of the year, according to its national statistics office. Italian GDP rose 0.3% in the first three months of the year, instead of an initial estimate of 0.2%. The detail shows that the pick-up in growth was led by households’ demand, with growth in households’ consumption picking up to 0.5% quarter-to-quarter, from 0.1% in Q4 last year. Otherwise on the domestic front, govern...

By Lauren Almeida

Israel, Lebanon officials to meet. And, judge won't block Trump's mail-in voting order

Israel and Lebanon officials are set to meet today as U.S.-Iran peace talks continue. And, a federal judge declined to block Trump's executive order restricting mail-in voting.

By Brittney Melton

Gold prices today, Friday, May 29: Gold prices tick upward on possible truce extension with Iran

Why did Sensex, Nifty suddenly crash after 3 pm today: Markets bloodbath explained

A key trigger behind the Sensex drop was growing uncertainty over the prospects of a lasting peace arrangement between the United States and Iran.

European markets trade flat-to-positive on U.S.-Iran truce hopes countering Romania drone strike