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Global benchmarks are mixed in cautious trading amid uncertainty about US-Iran ceasefire talks

AP News TOKYO (AP) — Global shares were mixed in cautious trading Wednesday, as investors watched for next steps in the U.S.-Iran conflict after President Donald Trump extended a ceasefire that was set to expire.

France's CAC 40 slipped 0.2% in early trading to 8,221.18, while the German DAX inched down less than 0.1% to 24,256.40. Britain's FTSE 100 was virtually unchanged at 10,497.60. U.S. futures were set to drift higher with Dow futures up 0.4% at 49,509.00. S&P 500 futures rose 0.4% to 7,131.00.

Inflation in the U.K. climbed in March after a sharp jump in prices at the...
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Researchers have spent decades breeding better potatoes for chips, and their work isn't done

AP News EAST LANSING, Mich. (AP) — There’s a surprising amount of science in a bag of potato chips.

Researchers have spent decades developing potatoes for chip makers that can grow in all kinds of climates, avoid diseases and pests, sit in storage for months and still deliver a satisfying crunch. They've also kept an eye on consumer trends; a shift to snack-size portions has increased the demand for smaller chipping potatoes, for example.

“The potato industry is dynamic," said David Douches, a Michigan State University professor who leads the school’s Potato Breeding...
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2 ships attacked in Strait of Hormuz, complicating diplomatic efforts to resume talks

AP News DUBAI, United Arab Emirates (AP) — Two ships came under attack Wednesday in the Strait of Hormuz, the British military said, complicating efforts to bring the United States and Iran together in Pakistan for talks to end the war.

Wednesday morning, Iran’s paramilitary Revolutionary Guard attacked a container ship, damaging it but causing no injuries. The British military’s United Kingdom Maritime Trade Operations center did not immediately identify who shot at the second ship, but suspicion immediately fell on Iran.

In the second attack, a cargo ship said it had...
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The Latest: Uncertainty shrouds possible US-Iran talks after Trump extends ceasefire

AP News The next steps to resume U.S.-Iran talks remained unclear Wednesday after U.S. President Donald Trump announced the U.S. was extending its ceasefire in the war at Pakistan’s request while awaiting a “unified proposal” from Tehran.

Iran has not yet responded to Trump’s announcement of the ceasefire extension, and both countries have warned they were prepared to resume fighting if a deal isn’t reached.

Trump said Tuesday night in a social media post that “Iran doesn’t want the Strait of Hormuz closed, they want it open” so they can sell their crude oil,...
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UK inflation rises in March as prices at the pump spike higher after Iran war

AP News LONDON (AP) — Inflation in the U.K. climbed in March after a sharp jump in prices at the pump in the wake of the disruption to energy supplies caused by the Iran war, official figures showed Wednesday.

The Office for National Statistics said the annual consumer price inflation rate increased to a three-month high of 3.3% from 3% the previous month. The rise was in line with market expectations.

The main reason behind the inflation spike was higher motor fuel, which increased by a monthly 8.7% — the largest increase since June 2022, shortly after the Russian invasion...
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Top Stories

  • Global benchmarks are mixed in cautious trading amid uncertainty about US-Iran ceasefire talks
  • 2 ships attacked in Strait of Hormuz, complicating diplomatic efforts to resume talks
  • Pope visiting Equatorial Guinea prison in spotlight after US migrant deportations
  • 2 US officials killed in Mexico crash after anti-drug operation worked for CIA, AP sources say
  • The AP Interview: Cyprus president says EU needs a clear playbook on helping members under attack
  • Petroleum infuses a multitude of everyday items the Iran war could make more expensive
  • Texas can require public schools to display Ten Commandments in classrooms, court rules
  • Virginia voters approve redistricting plan that could boost Democrats’ seats in Congress
  • Trump says the US will extend its ceasefire with Iran at Pakistan's request
  • In reversal, Justice Department withdraws subpoenas in John Brennan investigation, AP sources say

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