Ethiopia and Eritrea on Wednesday resumed commercial airline flights for the first time in two decades, with emotions spilling over into the aisles and onto the tarmac as families were reunited.

EasyJet expects full-year profit to be higher than expected as increased passenger numbers offsets disruption from striking air traffic controllers and bad weather, the British no-frills airline said on Wednesday.

South Korea's finance minister warned that an all-out trade war between the US and China would have grim implications for the country, as he lowered this year's growth outlook Wednesday. 

Libya's state oil company said on Tuesday that it has halted crude exports at its Zawiya terminal due to falling production after an attack in which four workers were kidnapped.

"National Oil Corporation has declared force majeure on crude oil loadings at Zawiya port," the NOC it said in a statement.

The U.N.'s labor organization announced on Tuesday that the first fishing boat had been detained under its convention which came into force last year with the aim of protecting workers in the hazardous industry.

The boat was detained in Cape Town, South Africa, in May after the crew complained about the working conditions to local inspectors, the International Labor Organization (ILO) said.

Goldman Sachs named David Solomon as its new chief executive Tuesday, implementing a much-telegraphed succession plan as it expands beyond its Wall Street roots to the broader consumer market.

Officials from Moscow and Kiev were set to gather in Berlin on Tuesday for EU-backed talks on the future of the transit of Russian gas through Ukraine in a bid to minimise disputes when the current contract expires next year.

Energy firms led a sell-off in most Asian equity markets on Tuesday a day after supply fears sent oil prices plunging, while confidence remains fragile owing to ongoing fears of a global trade war.

A financial regulator on Monday unveiled a strategy to monitor whether cryptocurrencies such as Bitcoin pose a threat to world economic stability.

The plan follows on from a concerted drive by central banks and regulatory bodies to keep cryptocurrencies at bay.

U.S. retail sending forged higher in June, with a second straight month of accelerating auto sales as the summer driving season set in, the Commerce Department reported Monday.