Opinion

Has Apple Inc exploited its dominance to squeeze out rivals? Whatever the technicalities, the fact that there are now formal charges against the world’s most valuable company should start to change its attitude towards competition. The European Commission hit Apple with an antitrust complaint for abusing its role as the App Store gatekeeper and disadvantaging Spotify Technologies SA’s music-streaming service. ...

From fish farms bobbing in the Straits of Johor to industrial warehouses and the rooftops of hotels downtown, urban farming is all the rage in Singapore. Covid-19 has given the country, which produces only a tiny fraction of what its people eat, a big scare. Dependence on neighbours for sustenance is a huge vulnerability the government says it’s determined to ...

In his speech to Congress, President Joe Biden declared his ambitions for a country on its way back from the Covid-19 pandemic. “Now, after just 100 days, I can report to the nation: America is on the move again,” he said. “Turning peril into possibility. Crisis into opportunity. Setback into strength.” Barely three months into his presidency, Biden outlined his ...

The desperate scenes playing out in India may foreshadow a dangerous new phase of the pandemic where people die in droves, not of the disease so much as a lack of proper medical care. The situation could get a lot worse thanks to a sudden shortage of medical oxygen in the country. Oxygen is one of most straightforward and proactive ...

Google’s parent Alphabet Inc is turning out to be one of the biggest winners of the economic reopening trade. The company posted first-quarter sales results that were significantly higher than expected. Underlying the impressive performance were clear signs that the strength in the internet giant’s search advertising business may be sustainable for some time to come. Its resurgence may be ...

More than three years after Foxconn Technology signed a boondoggle deal with Wisconsin to bring cutting-edge technology to the Midwestern state, the project has finally been trimmed back to a scale that’s actually realistic and palatable to all parties. Now, the Taiwanese manufacturer is likely to try rebuilding credibility in the US through an industry that makes far more sense ...

When it comes to Covid-19 vaccinations, Britain has been a bit of a renegade. At the outset of the global rollout, the UK — in an effort to inoculate as many people as possible as quickly as possible — started its campaign by lengthening the time interval between the first and second shots beyond what was indicated from trials. Instead ...

Administrations come and go, but CEOs like Apple Inc’s Tim Cook know there’s no better way to wave the flag than to flash the wallet, whoever is in charge. Apple Inc said it was raising its US investment commitments by 20% over the next five years to $430 billion. The new figure, which includes spending with American suppliers, building data ...

It’s the American Dream for Europe’s troubled tourism sector. European Commission president Ursula von der Leyen told the New York Times that fully vaccinated American tourists could visit the bloc this summer. But the US accounts for a tiny proportion of travelers to tourist-dependent countries such as Greece, Spain, Portugal and Italy. To prevent another lost holiday season for these ...

Heh. Come on. Really? Year over year, positive impacts from volume growth, regulatory credit revenue growth, gross margin improvement driven by further product cost reductions and sale of Bitcoin ($101M positive impact, net of related impairments, in “Restructuring & Other” line) … [Emphasis mine.] You might be surprised to learn that’s a snippet from the earnings report of a car ...