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 ...

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 ...

The Biden administration’s decision to begin sharing US-authorised Covid-19 vaccines with the rest of the world is welcome news. Now coronavirus czar Jeff Zients, who will lead US efforts to fight the pandemic abroad, must swiftly craft a global vaccine strategy that’s as focused, ambitious and effective as the one that’s worked so well domestically. Those who ask whether the ...

Bloomberg Airline entrepreneur David Neeleman’s newest carrier will begin flying from May 27 with an initial network of 16 cities, making it the year’s second US startup looking to use discount fares to grab a piece of a much-anticipated resurgence in leisure travel. Breeze Airways started selling tickets, and the first flights will connect Charleston, South Carolina; Tampa, Florida; and ...

Bloomberg Hackers infiltrated the servers of Air India Ltd and gained access to personal data of 4.5 million fliers, the nation’s flag carrier said. Personal data of passengers registered between August 2011 and February 2021 were compromised in the attack, the carrier said in a note to fliers that was shared via Twitter. The details included credit card and contact ...

Bloomberg EasyJet Plc predicted an uneven recovery this summer as European destinations relax coronavirus curbs only gradually, prompting the discount airline to chart a more cautious path to rebuilding its service. The UK company expects to add flights in earnest from June, a month later than planned, it said after posting a 701 million-pound ($990 million) loss for the first ...

Bloomberg Canadian retail sales hit a snag in April amid a third wave of Covid-19 restrictions. Receipts fell 5.1% last month after many provinces introduced strict measures to curb virus cases, according to preliminary data from Statistics Canada. The drop reverses two strong months of gains, including a 3.6% increase in March. Canadian retailers are likely to remain weak throughout ...

Bloomberg China Resources Holdings Co is weighing a Hong Kong initial public offering for its supermarket business CR Vanguard that could raise as much as $2 billion, according to people familiar with the matter. The state-owned conglomerate has held initial talks with potential advisers on the share sale plan, which could happen as soon as next year, the people said, ...

Bloomberg Financial investor Attestor Ltd has acquired a majority stake in German airline Condor, rescuing a company that’s survived on government support after the coronavirus pandemic punctured the boom in air travel. Attestor, a wealth management company with around 5.5 billion euros ($6.7 billion) in assets, will pump 200 million euros of capital into Condor and spend an added 250 ...

Bloomberg President Joe Biden said he would appoint a special envoy to address issues regarding North Korea and vowed to coordinate policy towards Pyongyang closely with South Korea’s government. Following meetings with South Korean President Moon Jae-in in Washington, Biden said he’s appointing Ambassador Sung Kim to be the special envoy and that the US and South Korea are willing ...