Legal academic Lina Khan has been appointed to lead the US Federal Trade Commission, America's consumer and competition watchdog. Khan previously worked on Congressional inquiries into big technology companies and came to prominence after a 2017 legal article which was highly critical of Amazon's power. Her appointment has been welcomed by consumer groups. Also today, we report on the challenges facing workers in Ethiopia's tourism industry ahead of elections next week.

The United States and the European Union held intensive talks aimed at resolving a trade dispute over subsidies to aircraft manufacturers Airbus and Boeing, which dates back to 2004. The top trade representatives from both sides met on Monday, ahead of US President Joe Biden's summit with the leaders of EU institutions on Tuesday. Also today, the UK and Australia reached agreement on a new trade deal, a milestone for post-Brexit Britain.

A live auction Sunday brought the price of a seat alongside Amazon founder Jeff Bezos on the maiden crewed voyage of Blue Origin's New Shepard rocket from $4.8 million up to $28 million. Toshiba executives are ousted following a bombshell shareholder investigation, and UK flight bookings lag behind the EU as British travel restrictions linger.

As G7 states prepare to pledge the distribution of 1 billion Covid-19 shots worldwide, the US and France are going further and calling for the suspension of intellectual property rights on vaccines. Also, investors shrug off signs of inflation, while Chinese ride-hailing giant Didi Chuxing says it's ready to go public on Wall Street, paving the way for what could be one of the biggest IPOs of the year.