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Oil prices fell under $100 US following pleas for peace in the Middle East by China's foreign minister, before rising a bit again. Markets in Europe and Asia soared at the same time, as did futures for major Wall Street indexes.
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The CNN founder's death was met with encomiums from leaders in the media industry, which he helped reinvent. "He will be remembered for generations," said one.
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The BBC's Nawal Al-Maghafi has been piecing together what happened on 8 April 2026, after one of the deadliest chapters in the country's recent history.
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European stocks soared on Wednesday as traders responded to reports that the U.S. and Iran are close to an agreement that will bring an end to the war.
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Kyiv said it would begin a truce on 6 May and then "act symmetrically" after Moscow declared a pause for its Victory Day parade.
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