The cost of your next flight is likely to go up.

That's the word from the International Air Transport Association, which held its annual meeting Monday in Dubai, home to the long-haul carrier Emirates.

Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them.

The wide-ranging faulty testing at Japan's top automaker involved the use of inadequate or outdated data in collision tests, and incorrect testing of airbag inflation and rear-seat damage in crashes. Engine power tests also were found to have been falsified.

More women are attaining the top job at companies in the S&P 500, but their numbers are still minuscule compared to their male counterparts.

Of the 341 CEOs included in the AP's annual compensation survey, 25 are women. That's the most women making the list since the survey began in 2011. But the numbers haven't budged very much. The second highest tally was 21 women in 2017.

Saudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a move aimed at supporting slack prices that haven't risen even amid turmoil in the Middle East and the start of the summer travel season.

The OPEC+ alliance, made up of members of the producers cartel and allied countries including Russia, extended three different sets of cuts totaling 5.8 million barrels a day.

Japan said Friday that it spent about 62 billion dollars to bolster the yen over the past five weeks, when it intervened in forex markets for the first time since 2022 after the currency hit a 34-year low.

Finance ministry data showed that forex intervention operations totaled 9.79 trillion yen ($62 billion) between April 26 and May 29.

Equity markets diverged Friday as traders fixed attention on inflation numbers from the eurozone and the United States for clues on the outlook for interest-rate cuts.

Paris and Frankfurt indices were slightly lower in midday deals after official data showed eurozone inflation rose faster than expected in May.

India posted world-beating growth of 8.2 percent in the year to March on Friday, in a last-minute boost to Prime Minister Narendra Modi's economic credentials the day before national elections conclude.

The world's most populous country also remains its fastest growing major economy thanks to robust demand and huge government infrastructure spending.

Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on Friday. That's more than expected as a painful spike in consumer prices takes its time to fade away.

It's unlikely to stop the European Central Bank from making a first interest rate cut next week — and moving ahead of the U.S. Federal Reserve in lowering borrowing costs for businesses and consumers.

Shares opened higher in Europe on Thursday after a retreat in Asia as rising bond yields weighed on stock prices.

Germany's DAX edged 0.1% higher to 18,486.92 and the CAC 40 in Paris rose 0.3% to 7,956.50. Britain's FTSE gained 0.3% to 8,204.61.

Lebanon's political class, fuel companies and private electricity providers blocked an offer by gas-rich Qatar to build three renewable energy power plants to ease the crisis-hit nation's decades-old electricity crisis, Lebanon's caretaker economy minister said Thursday.

Lebanon's electricity crisis worsened after the country's historic economic meltdown began in October 2019. Power cuts often last for much of the day, leaving many reliant on expensive private generators that work on diesel and raise pollution levels.