Two engineers and the owner of a dry cleaners were on board the flight, which crashed in Iran.

That's all from Wednesday's action-packed Business Live page.

We'll be back from 06:00 on Thursday to bring you all the news, views and and analysis - so do follow us if you can.

On Wall Street the Dow Jones Industrial Average is also trading higher in the wake of President Trump's speech when he said Iran appeared to be "standing down". It's at 28,770.55 - a rise of 187 points or 0.66% since trading started.

The S&P 500 is at 3,260.67, that's 23 points or 0.73% up so far.

Image source, Reuters

The market in London has closed and the FTSE 100, which includes a lot of oil stocks, was pretty much flat.

The index ended the day at 7,569.31 - a fall of 4.54 points or 0.06%, with the likes of Royal Dutch Shell and BP both losing ground as the oil price edged down.

The FTSE 250 also ended the day lower at 21,665.43, a fall of 167.25 points or 0.77%.

Image source, Getty Images

The price of oil plunged by more than $1 a barrel as President Trump delivered a short speech saying Iran "appears to be standing down" after it targeted air bases housing US forces in Iraq.

Oil traders will have been paying particular attention to his comments about America's reliance on oil from abroad.

"We are independent and we do not need Middle East oil," he said.

The price of Brent Crude is currently $66.52 a barrel, it was trading for $67.70 when Mr Trump started speaking.

Image source, Getty Images

The tech-heavy Nasdaq share index has hit a record high following President Donald Trump's speech in which he said Iran appeared to be "standing down". It has exceeded 9,093.428 for the first time. It's now at 9,131.85.

Image source, Getty Images

The Tokyo deputy prosecutor wraps up his statement by stressing its determinatino to bring Carlos Ghosn to justice in Japan.

"The Tokyo District Public Prosecutors Office properly obtained the lead and in accordance with Japanese law legally developed our investigation regarding Defendant Ghosn's criminal acts and initiated prosecution.

"Through the investigation, the prosecutors collected sufficient evidence to determine that there was a high probability of obtaining conviction and, therefore, initiated prosecution.

"It is unlikely that sufficient evidence could be gathered if the crime did not occur.

"Defendant Ghosn's allegation that the prosecution was conspired by Nissan and Public Prosecutors Office is categorically false and completely contrary to fact.

"Our office has developed our factual and legal arguments and disclosed the supporting evidence to Ghosn's defense counsel in order to guarantee a fair and public trial.

"However, by fleeing from Japan defendant Ghosn flagrantly disregarded Japanese law to avoid the consequences of the crimes he committed.

"Our office is determined to coordinate with relevant authorities and to take whatever measures we have in our power to bring defendant Ghosn to justice in Japan."

More from that Tokyo prosecutor's statement in reaction to Carlos Ghosn's news conference now...

In its statement the prosecutor's office said Mr Ghosn's wife was "one of the persons involved in the scheme to wire the funds that the defendant obtained form Nissan by breach of his legal duty".

"Defendant Ghosn reached out through his wife to other people concerned and thereby colluded and tampered with evidence.

"The defendant Ghosn's allegations completely ignore his own conduct and his one-sided criticism of the Japanese criminal justice system is totally unacceptable."

Image source, Getty Images

There's already response from Tokyo to Carlos Ghosn's news conference. The deputy chief of the Tokyo District Public Prosecutors Office issued a statement saying that that Carlos Ghosn fled from Japan by "acting in a way that could constitute a crime in itself".

"His statements during his press conference today failed to justify his acts.

"Defendant Ghosn has only himself to blame for being arrested and detained for approximately 130 days and for the need to impose conditions on his release on bail that kept him from contacting his wife.

"Defendant Ghosn was deemed a high flight-risk, which is obvious from the fact that he actually fled and illegally departed from the country."

When asked by the Financial Times at the news conference whether or not the Renault and Nissan "alliance" could succeed without him, he said yes, "but it has to follow some rules."

Mr Ghosn said: "For the moment, they all think consensus decision-making is one way to make the alliance live.

"You know who's wrong and who's right? Look at the results.

"When I look at what happened over the last 13 months, I'm not reassured about the future of the alliance."

Image source, getty

Carlos Ghosn denies having proposed a "full on" merger between Nissan and Renault during the news conference.

He says: "I didn't. I proposed a holding company, where you have one share called Alliance", with a Nissan operation based in Japan and a Renault operation based in France.

He insists that he would have maintained different brands and separate headquarters.

He adds that he was trying to "overcome the resistance coming from the Japanese, wanting to be very autonomous".

Theo Leggett
BBC International Business Correspondent

Image source, Reuters

It was a bravura performance. Mr Ghosn is no longer the star of the auto industry, but whatever the truth or otherwise of the charges against him, he clearly still knows how to work a room.

He railed against the Japanese justice system, which he said violated the basic principles of humanity. He condemned the “vindictive, inglorious individuals” he claimed were conspiring against him. He offered a detailed defence to counter the claims Japanese prosecutors have filed against him, and still found time to tear into the way he claims Nissan and Renault are now being mismanaged.

We can now expect his arguments to be scrutinised closely - and no doubt both Nissan and the Japanese government will respond. But he has certainly seized the agenda - and combined with his dramatic escape, has done so in style.

During Carlos Ghosn's news conference, the subject of the Interpol red notice, which alerts police worldwide about internationally wanted fugitives, is raised.

"There is a red notice that the Japanese have sent through Interpol," Mr Ghosn said.

"I don't consider myself as a prisoner in Lebanon. I prefer this prison to the one before. I am ready to stay a long time in Lebanon, but I am going to fight because I have to clear my name.

Mr Ghosn told reporters: "My lawyers say Interpol has no jurisdiction in Lebanon."

A Lebanese public prosecutor general has summoned ousted Nissan boss Carlos Ghosn for questioning on Thursday over an Interpol red notice issued by Japan which accuses him of crimes committed in Japan and calls for his arrest.

The Lebanese state news agency reported that the prosecutor would also hear Mr Ghosn's statement about a formal legal complaint made about his meetings with leaders in Israel, which he visited as chief executive of the Renault-Nissan alliance in 2008.

Image source, Getty Images

When asked by CNN whether he would risk getting on a plane to go to France, despite the fact ministers there have said he would not be extradited, Mr Ghosn said that he does "not consider" himself a prisoner.

Mr Ghosn said he was very happy to be in Lebanon, surrounded by friends and family.

He added: "But I will clear my name. I can't accept the fact that fabricating a story and lying about something at such a scale can win."