G7 set to discuss climbing oil prices, release of emergency reserves
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint r...
A U.S. appeals panel has rejected Apple’s request to pause a ruling that restricts the tech giant from charging commissions on in-app purchases made outside its payment system—delivering a major blow to the company in its long-running legal fight with Epic Games.
Apple suffered a legal setback late Thursday as a three-judge panel denied its request to delay the enforcement of a court order that bans the company from collecting commissions on in-app purchases processed outside its App Store payment system.
The ruling, stemming from a years-long antitrust battle with Epic Games, could redirect billions in potential revenue away from Apple. The April 30 order, issued by U.S. District Judge Yvonne Gonzalez-Rogers, not only limited Apple’s commissions but also found the company in civil contempt and recommended a criminal probe into potential perjury by one of its executives.
The ongoing case, launched nearly five years ago by Fortnite creator Epic Games, accuses Apple of maintaining an unlawful monopoly over iPhone app distribution and in-app transactions. Epic challenged Apple’s practice of charging developers 15% to 30% commission and restricting them from directing users to other payment methods.
Although Apple initially complied with previous rulings by allowing limited links to external payment systems, it continued imposing fees of up to 27%—prompting Epic to argue the company had violated the court’s original order. Judge Gonzalez-Rogers sided with Epic in her most recent decision, triggering Apple’s attempt to pause enforcement while appealing to the Ninth Circuit Court of Appeals.
With that request now denied, the court’s directive remains in effect, forcing Apple to open the App Store to alternative in-app payment options without charging commissions on those transactions.
In response to the ruling, Epic Games CEO Tim Sweeney declared, “The long national nightmare of the Apple tax is ended,” in a celebratory post.
Apple expressed disappointment in the outcome, stating it would continue to pursue its appeal to “ensure the App Store remains an incredible opportunity for developers and a safe and trusted experience for our users.”
This development marks another chapter in the high-profile antitrust showdown that has tested the boundaries of Big Tech power and could have lasting consequences for digital commerce on mobile platforms.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Baku has completed its evacuation of staff from the Azerbaijan Consulate General in Tabriz, while most employees from the Azerbaijan Embassy in Tehran have also returned.
Tehran’s Mehrabad Airport came under attack in heavy airstrikes on early Saturday morning (7 March), Iranian news agencies reported.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
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