Bloomberg Ethiopian Airlines Enterprise will reintroduce flights to Eritrea by mid-September, two decades after a border conflict upended relations between the Horn of Africa neighbours. “Ethiopian Airlines get ready because soon you’ll start going to Eritrea and coming back,” PM Abiy Ahmed said in Addis Ababa. “Let us not transfer to our children hatred and the holding of grudges.” Ethiopian ...

Bloomberg Fuel prices are up, the US dollar is rallying and that means stormy skies for Brazilian airlines. Gol Linhas Aereas Inteligentes SA is leading Brazil’s Ibovespa index losses month-to-date, with a 21 percent drop so far. The company is also heading for its biggest quarterly drop since its initial public offering in 2004. Gol and Azul SA are down ...

DUBAI / WAM Dubai Gold and Commodities Exchange (DGCX) recorded its best H1 ever in its 13-year history, trading over 11,300,000 contracts so far in 2018, up 44 percent year-on-year (y-o-y). Traded value for the first six months of 2018 breached $250 billion for the first time too. The exchange’s record-breaking performance was sealed following a robust month of trading ...