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Apple to return $100bn to shareholders

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. 

Read more: Apple to return $100bn to shareholders

   

Strike grounds hundreds of Lufthansa flights

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.

Read more: Strike grounds hundreds of Lufthansa flights

   

Israel airlines strike over 'open-skies' plan

Hundreds of demonstrators burned tyres outside the Israeli prime minister's office in protest against the plan [AFP]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.

Read more: Israel airlines strike over 'open-skies' plan

   

US approves fix to Boeing's Dreamliner plane

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.

Read more: US approves fix to Boeing's Dreamliner plane

   

German lawmakers vote to back Cyprus bailout

Germany's lower house of parliament has voted overwhelmingly in favour of a bailout for Cyprus.

Read more: German lawmakers vote to back Cyprus bailout

   

American Airlines flights grounded by glitch

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.

Read more: American Airlines flights grounded by glitch

   

China economic growth lower than forecast

China's economic growth has slowed to 7.7 percent in the first quarter of 2013, new data has revealed.

Read more: China economic growth lower than forecast

   

Gold price plunges to lowest level since 2011

There has been a slow but steady decline in the price of gold starting in the first few months of 2013The 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.

Read more: Gold price plunges to lowest level since 2011

   

Portugal and Ireland get loan extension

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.

Read more: Portugal and Ireland get loan extension

   

Cyprus pleads for EU help as bailout approved

Cyprus has appealed to the EU for help in weathering a devastating economic crisis, as eurozone ministers approved a $13bn bailout for the nearly bankrupt island.

Read more: Cyprus pleads for EU help as bailout approved

   

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