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19976 articles published since 08 Mar 2022

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UK court rules Apple abused App Store dominance
UK court rules Apple abused App Store dominance
Economy

Apple lost a UK lawsuit Thursday which accuses the US tech giant of abusing the dominant position of its App Store, with claimants seeking more than £1.5 billion ($2 billion) in damages. At the heart of the claimants' case was that Apple used the App Store to exclude competitors, forcing users to use its system and boosting profits in the process.

American Airlines reports smaller loss, sees travel demand improving
American Airlines reports smaller loss, sees travel demand improving
Economy

American Airlines reported a smaller than expected loss Thursday, pointing to robust travel demand from wealthier customers that has offset weakness among lower-income consumers. The big US carrier reported a loss of $114 million in the third quarter, smaller than the $149 million loss in the year-ago period and also better than analyst forecasts.

China vows to boost consumption, national security after key meet
China vows to boost consumption, national security after key meet
Economy

China's ruling Communist Party said Thursday the country has to "vigorously boost consumption" and "consolidate national security" in the next five years, state media reported, as a key gathering concluded in Beijing. - 'Good at fighting' - China's leaders also vowed on Thursday to solidify national security, according to Xinhua.

EU parliament adopts curbs on plastic pellet pollution
EU parliament adopts curbs on plastic pellet pollution
Economy

The European Parliament on Thursday definitively adopted rules clamping down on pollution from the tiny pellets that constitute the building blocks of most plastic products. Made from fossil fuels, plastic pellets often spill into the environment, polluting beaches and oceans.

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