Urvashi Urvashi
A.r Rahman, Noel James & Shanker Mahadevan
Business News from Wednesday, March 25th, 2026
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Stocks gain with oil prices easing on optimism from possible ceasefire talks
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
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Australia moves to double fines for fuel gouging amid shortages
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
News
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UAE intercepts 12 missiles and 36 drones on TuesdayUAE air defences intercepted 8 ballistic missiles, 4 cruise missiles and 36 drones launched from Iran on Tuesday, the Ministry of Defence said.
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UAE extends distance learning for universities until April 17The UAE has extended distance learning across all higher education institutions until Friday, April 17, with exemptions for "priority programmes that require physical attendance".
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UAE President holds talks with Qatar's Emir in Abu DhabiUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed the implications of the ongoing military escalation during talks with Qatar's Emir Sheikh Tamim bin Hamad Al Thani in Abu Dhabi.
