Canadian Prime Minister Justin Trudeau said Friday he was reluctant to go to Washington next week for a summit marking the entry into force of the new North American trade agreement, in part due to concerns over possible US tariffs on Canadian aluminum.

The U.S. services sector grew in June after the coronavirus pandemic caused its steepest-ever contraction the month prior, the Institute for Supply Management said on Monday.

Asian markets rallied out of the blocks Monday, with further signs of economic recovery continuing to resonate with investors more than a surge in coronavirus infections across the planet.

India has opened up its vast railway sector to private companies, allowing firms to operate trains on certain routes, in a bid to boost its stuttering, virus-hit economy.

A Zimbabwean entrepreneur in Africa's top tobacco producer has launched the first local brand of hand-rolled cigars, defying coronavirus and economic odds to light up manufacturing. 

German Finance Minister Olaf Scholz said Sunday he wanted to overhaul the country's finance watchdog Bafin and give it more powers after a massive fraud scandal involving digital payments firm Wirecard.

Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak demand.

The trial opened in Turkey on Friday of seven suspects over the audacious escape of former Nissan chief Carlos Ghosn from Japan to Lebanon via Istanbul in December, local media reported.

Tokyo prosecutors said Friday they have filed a request for the extradition of two Americans arrested in the U.S. for allegedly helping Carlos Ghosn, the former chairman of Nissan, flee Japan while he was out on bail.

"We express our deepest gratitude for the cooperation the U.S. authorities have shown to our request," the Tokyo District Prosecutors Office said in a statement.

A string of top retail shops in Lebanon announced temporary closures on Thursday after the country's currency lost five sixths of its value, triggering sharp price hikes.