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India Inc’s profits won’t survive costs, Covid-19

Lately, India has had very little to smile about. Something that Colgate-Palmolive Co’s tepid growth in the world’s pandemic epicenter amply demonstrates. The toothpaste maker’s results offer a fresh look at a puzzle: the Indian stock market’s apparent disregard for the country’s worst humanitarian disaster in almost 75 years. Scientists are forecasting 1.2 million deaths by end-August, hospitals are running ...

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Apple trial delivers an Epic surprise

Epic Games Inc, the maker of Fortnite, may pull out a surprising last-minute victory in its court battle against Apple Inc with potential wide-ranging ramifications for how millions of iOS app developers make money. First, a brief recap: The conflict that spawned the trial began last August when Epic deliberately broke Apple’s App Store rules by updating its Fortnite video ...

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As the Arctic heats up, how to keep the peace

Soviet leader Mikhail Gorbachev, back in 1987, called for the Arctic to be a “zone of peace” — and it has been. Yet warmer temperatures are heralding ice-free summers, opening up all sorts of economic opportunities from potential oil and gas riches to new shipping routes. Military might is being cranked up, too. Decades of harmonious exceptionalism may be coming ...

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