Mining companies led gains on the FTSE 100 and 250 after the US and Iran agreed to a two-week ceasefire, easing geopolitical tensions. Copper miner Antofagasta rose 12.6%, Anglo American jumped over 10%, and precious metals specialist Fresnillo also gained strongly. Gold and silver prices surged, with gold above $4,800 an ounce and silver hitting a three-week high, driven by hopes of stabilized global markets. The ceasefire also caused oil prices to fall sharply due to expectations of reopening the Strait of Hormuz, which could restore up to 20% of global oil supply, reducing risk premiums in energy markets.
American Airlines has elected John W. Dietrich to its board of directors, where he will serve on the Audit and Finance Committees. Dietrich brings 35 years of experience in aviation and air cargo, including recent roles as CFO of FedEx and CEO of Atl...
The 2026 FIFA World Cup, hosted largely in the US, has driven significant traffic gains for major US airlines like American, Delta, and United. American Airlines added over 27,000 seats on routes to host cities, while United saw nearly a 20% booking ...
