Oil prices surged in Asian trading after President Donald Trump rejected Iran's proposal to end the ongoing war, deeming it "TOTALLY UNACCEPTABLE."

• International benchmark Brent crude rose 4.1% to $105.50 a barrel.
• Key figures include President Donald Trump and Iran's semi-official Tasnim news agency.
• The Strait of Hormuz, a critical global oil and gas transit point, has been effectively shut since the war began on February 28.

Safaricom's Fuliza overdraft facility saw a significant surge in usage, with disbursements climbing 49 percent to Sh1.47 trillion in the financial year ending March 2026, indicating a growing reliance on mobile credit in Kenya.

• Sh1.47 trillion disbursed through Fuliza, a 49 percent increase.
• Safaricom reported a 46 percent revenue increase from Fuliza, reaching Sh6 billion.
• The average Fuliza loan size decreased, suggesting more frequent, smaller borrowing.

Pop star Dua Lipa is suing Samsung for $15m, alleging the company used her image on its television packaging without her consent.

• $15 million lawsuit filed against Samsung.
• Dua Lipa, pop star, claims unauthorized use of her likeness.
• The image, copyrighted by Lipa, was reportedly used on packaging to promote Samsung products.