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

Seagate Targets 100TB Hard Drive by 2030 to Meet AI-Era Data Demands

Seagate is aiming to launch a 100-terabyte hard drive by 2030, nearly tripling the capacity of its current flagship model, the 36-terabyte Exos M....

Amazon Unveils Advanced Warehouse Robot with Human-Like Touch

Amazon has unveiled a groundbreaking warehouse robot named Vulcan, capable of performing tasks previously reserved for human workers thanks to a unique sense of...

Semiconductor Industry Faces Uncertainty Amid US Tariffs and China Export Curbs

The world’s largest semiconductor firms are grappling with significant uncertainty during earnings season, as changing U.S. tariff policies and expanding export restrictions to China...

Uber Posts Q1 2025 Earnings Beat Despite Revenue Miss, Highlights Autonomous Vehicle Growth

Uber reported first-quarter 2025 results that exceeded analysts’ expectations for earnings but came in just short on revenue projections. The company posted earnings of...

Russell Westbrook Launches Eazewell: AI-Powered Funeral Planning Startup

NBA superstar Russell Westbrook has entered the tech world by launching Eazewell, a startup focused on simplifying funeral planning through artificial intelligence. The venture...

Figma Unveils AI Feature for Automated Website and App Creation

Figma, a design software startup, has launched a new artificial intelligence feature aimed at automating the process of building websites and applications. The feature,...

Alphabet and Apple Stocks Decline Amid AI Search Engine Shift and Lawsuit Impact

Shares of Alphabet and Apple dropped on Wednesday after Apple’s services chief, Eddy Cue, expressed concerns that AI-driven search engines could eventually replace traditional...

AMD CEO Discusses China Market and Export Control Impact on AI Growth

Advanced Micro Devices (AMD) CEO Lisa Su has emphasized that China remains a "large opportunity" for the semiconductor and artificial intelligence (AI) industries, despite...

Democrats Target Trump’s Crypto Ventures as Key Legislation Moves Forward

Democrats are intensifying their scrutiny of President Donald Trump's cryptocurrency ventures as a key vote approaches on the GENIUS ACT, a bill aimed at...

Trump Administration to Rescind U.S. AI Chip Export Restrictions, Boosting Innovation

The Trump administration is preparing to rescind the U.S. chip export restrictions, known as the "AI diffusion rule," effectively preventing these artificial intelligence semiconductor...

AppLovin Shares Surge Following Strong Earnings and Mobile Gaming Business Sale

AppLovin’s shares surged by as much as 15% in after-hours trading after the company reported strong earnings for the first quarter and announced the...

Arm Shares Drop After Weak Guidance for Upcoming Quarter

Arm's shares dropped more than 8% in after-hours trading on Wednesday after the chip-design company issued a weaker-than-expected revenue and earnings forecast for the...

Apple Seeks Stay on Ruling in Case Against Epic Games Over In-App Payment Commissions

Apple is requesting a court to pause a recent ruling in its ongoing case against Epic Games, which would prevent Apple from charging commissions...

Nintendo Forecasts 15 Million Switch 2 Sales, Expects Strong Growth Despite Tariff Concerns

Nintendo has announced its sales forecast for the upcoming Switch 2 console, expecting to sell 15 million units during the fiscal year ending in...

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