Relations between China and the US may be scraping new lows, but that hasn’t stopped Chinese consumers from snapping up the iPhone 13. Shortly after pre-sales for the phone opened on September 17, some colours sold out in minutes. Apple Inc’s China website crashed. Social media erupted. A week later, as in-store sales began, eager buyers stampeded through a shopping ...

Merck & Co and Ridgeback’s antiviral pill molnupiravir is a potential pandemic game-changer, judging from the positive test data. To make the most of this promise, governments and global health organisations need to prepare to manufacture the pills in great quantities. The clinical trial results are preliminary, but impressive. People with fresh symptoms of Covid-19 who took the pills for ...

With an eight point lead in the opinion polls, an 83-seat majority in the House of Commons and economic growth figures for the second quarter revised upwards from 4.8% to 5.5%, what does UK Prime Minister Boris Johnson have to fear? Plenty. Although the opposition Labour party requires an enormous swing of more than 10% at the next general election ...

Bloomberg Tata Sons Pvt is set to take over ailing Air India Ltd again, more than half a century after the country’s biggest conglomerate ceded control to the state, ending the government’s hold over an airline that for decades defined the lofty ambitions of a newly-independent nation. A panel of ministers accepted a proposal from bureaucrats, who recommended the conglomerate’s ...

Bloomberg United Airlines Holdings Inc said as many as 593 employees face termination after declining to get the coronavirus vaccine following the carrier’s deadline last week. About 2,000 United workers have requested an exemption on medical or religious grounds, the company said, the day after the vaccine mandate deadline took effect for about 67,000 US-based employees. The airline plans to ...

Bloomberg Boeing Co forecasts that commercial aviation should be back to 2019 levels in two to three years, buoyed by a strong domestic recovery in China and parts of Europe, the US planemaker’s China head said. Various countries’ vaccination rates and differing quarantine requirements will pose some hurdles but “we’re anticipating in the next two to three years that the ...

Bloomberg A tiny startup is expanding its semiprivate flight services in Texas, an incursion on the home turf of industry behemoth Southwest Airlines Co that targets business travelers in three of the state’s largest cities. JSX will begin service to Austin, Texas, from Dallas Love Field while doubling its Houston service to four daily flights. The carrier boards at the ...

Bloomberg Dollar Tree Inc is moving above the price point that gave the discounter its name. The retailer’s legacy stores will soon begin testing sales of products that cost more than $1, according to a company statement. Dollar Tree will also add more goods that go for more than a buck at its Combo and Dollar Tree Plus stores, which ...

Bloomberg HomeGoods Inc has finally gone online as the ubiquitous retailer looks beyond brick-and-mortar at a time of soaring e-commerce demand. The discount home-decor chain began offering items including bedding, kitchen goods and seasonal products on its website. HomeGoods said it sees the e-commerce store as a complement to its network of more than 820 physical locations. The late launch ...

Bloomberg Chinese warplanes made multiple incursions close to Taiwan in the second major display of military might in two weeks. People’s Liberation Army aircraft conducted 38 flights near the territory, based on statements from Taiwan’s defense ministry. There were 13 Chinese planes in the air defense identification zone in nighttime hours and 25 earlier in the day, the ministry said. ...