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 ...

Bloomberg Boeing Co is facing an audit to determine why changes in its manufacturing practices on the 737 Max led to a hazard that went unnoticed for almost two years. The Federal Aviation Administration (FAA), which oversees Boeing and has meted out multiple civil penalties against the planemaker in recent years, said in a statement that it is also investigating ...

Bloomberg ANA Holdings Inc issued a surprise profit outlook for the fiscal year, even as international air travel to and from Japan remains limited and countries across the globe recover from the pandemic at different speeds. Operating profit for the year through March 2022 will be 28 billion yen ($257 million), Japan’s No. 1 carrier said in a statement, seeking ...

Bloomberg South Africa is in the final stage of negotiations with a potential investor for its grounded flag carrier, a move that would give the airline a boost just as it emerges from bankruptcy protection. The deal will bring capital and “much-needed technical and commercial expertise” to South African Airways (SAA), the Department of Public Enterprises (DPE) said in a ...

Bloomberg Fosun Group and an arm of JD.com Inc are among suitors considering investing in domestic operations of HNA Group Co. as the indebted Chinese conglomerate is reorganized after being placed under government control, people with knowledge of the matter said. Ping An Insurance Group Co, Juneyao Airlines Co and Air China Ltd have also been studying HNA’s assets, the ...

Bloomberg International and domestic airlines are adding flights out of India to bring home residents and citizens as the nation’s coronavirus outbreak goes from bad to worse. Air India Ltd plans to increase its weekly frequency of flights to the US to 32 starting May 11, up from the current 29. That compares with about 33 weekly flights before Covid. ...

Bloomberg Facebook Inc and Gucci filed their first joint lawsuit against an alleged online counterfeiter as the web giant and luxury brand move to crack down on the fraudulent practice. Facebook and Kering SA’s Italian fashion brand filed the suit against an individual for breach-of-contract, claiming violations of the social media platform’s terms and the infringement of Gucci’s intellectual property ...

Bloomberg Delayed elections in Somalia amid political infighting has enabled al-Qaeda-linked extremists to make gains in an insurgency, raising the threat of insecurity in eastern Africa. The group, known as al-Shabaab, has taken advantage of the impasse and the withdrawal of US troops from Somalia to recruit fighters, according to people with knowledge of the matter. Authorities have thwarted some ...