Business

Russia’s Titanium Giant Hands Its British Arm to a Little-Known Hong Kong Company Named Quri

UK filings show that Hong Kong’s Quri Investment Limited was listed as holding at least 75% of VSMPO Tirus Limited’s shares on 1 October 2026, the same day Russian titanium producer VSMPO-AVISMA ceased to be listed as having significant control. The filings do not disclose the terms of the deal.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China’s Car Sales Surge in April Amid Trade and Subsidy Impact

China's car sales saw a notable increase in April, with a 14.8% rise compared to the previous year, marking the third consecutive month of...

Federal Reserve Takes Cautious Approach Amid Tariff and Policy Uncertainty

Cleveland Federal Reserve President Beth Hammack stated that the Fed needs more time to evaluate how the U.S. economy reacts to the trade policies...

CSX Reaches Tentative Agreement with Brotherhood of Locomotive Engineers and Trainmen

CSX has reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET) for a new five-year contract. The agreement, which still...

Google Agrees to $1.375 Billion Settlement Over Privacy Violations in Texas

Google has reached a settlement agreement with the state of Texas, agreeing to pay $1.375 billion to resolve two lawsuits alleging the company violated...

China’s Economic Struggles Highlight Need for Stimulus Amid Deflation and Trade War

China's economy continues to struggle as factory-gate prices fell sharply in April, marking the steepest drop in six months. This, combined with a third...

Weight-Loss Drugs Disrupt Wellness Industry as Companies Adapt

Health and wellness companies are quickly adapting to the rise of weight-loss drugs, particularly those from Novo Nordisk and Eli Lilly, as traditional weight...

U.S.-China Trade Talks Spark Investor Optimism, but Major Breakthroughs Unlikely

As U.S.-China trade talks continue in Switzerland, investors are hopeful that the discussions could help alleviate tensions between the two largest economies and reduce...

DHS Warns of Potential Charges After Clash Between New Jersey Lawmakers and ICE

Tensions escalated at a federal immigration detention center in Newark, New Jersey, on Friday, as three Democratic lawmakers clashed with authorities, leading to the...

Prediction Markets See $40 Million Bet on Papal Conclave

The recent papal conclave drew significant attention, and many people tried to predict the outcome, even betting on the new pope. Bettors invested more...

U.S. Tourism Faces Decline Amid International Travel Concerns

Anacortes, a small town on the coast of Washington state, is facing a drop in tourism that local businesses, such as Kaia Matheny's Adrift...

Tracee Ellis Ross Discusses Challenging Societal Expectations at 52

Tracee Ellis Ross, the acclaimed actress and daughter of legendary musician Diana Ross, has lived much of her life in the public eye. As...

Lyft Surges 28% After Strong Results and Boosted Share Buyback Plan

Lyft's stock surged 28% following the release of better-than-expected results for the first quarter, marking its best day since February 2024. The ride-sharing company...

Digital Advertising Sector Thrives Amid Economic Concerns

The digital advertising market had a strong performance this past quarter, providing a potential final surge before a challenging economic climate, driven by President...

Bitcoin Surges Past $100,000 Amid Strong Week for Ether

Cryptocurrencies extended their gains to close the week with bitcoin maintaining a steady position above the $100,000 mark, while ether experienced its most significant...

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