Apple Inc has reported that its quarterly profit dipped for the first time in nearly a decade as it earned less money in the competitive smartphone and tablet markets.
Most of Lufthansa's, Germany's national airline, domestic, European and long-haul flights have been cancelled due to strikes by ground personnel and cabin crews.
The Israeli government has approved an Open Skies deal with European carriers, as local airline workers went on strike with hundreds burning tyres outside the prime minister's office in protest against the plan.
US regulators have approved a revamped battery system for Boeing's 787 Dreamliner, a crucial step in returning the plane to service after more than three months of grounding prompted by lithium-ion batteries that burned on the jets.
Germany's lower house of parliament has voted overwhelmingly in favour of a bailout for Cyprus.
American Airlines was forced to ground all flights across the US for several hours after a key computer system failed, causing thousands of passengers to be stranded at airports and on planes.
China's economic growth has slowed to 7.7 percent in the first quarter of 2013, new data has revealed.
The price of gold has fallen to a two year low at just under $15,000 per ounce.
Gold for June delivery plunged $64 to close at $1,501 an ounce on Friday, the largest drop since February 2012. It was the lowest price since July 2011.
Eurozone finance ministers have favoured giving bailed-out Ireland and Portugal an extra seven years to repay the loans they received to save them from collapse, Jeroen Dijsselbloem, the 17-member Eurogroup head, has said.
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