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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

Coterra Energy Cuts Capital Spending Despite First-Quarter Profit Rise

Coterra Energy has reported a rise in first-quarter earnings but announced a downward revision to its capital expenditure plans for the rest of the...

CFTC Drops Appeal, Clearing Path for Kalshi’s Election Betting Contracts

The U.S. Commodity Futures Trading Commission has formally withdrawn its appeal of a federal court decision that permitted KalshiEX LLC, a New York-based derivatives...

Mattel Withdraws Forecasts and Raises Prices Amid U.S. Tariff Pressures

Mattel has withdrawn its full-year financial guidance and announced price increases for several of its products sold in the U.S., as President Trump's aggressive...

Trump Announces 100% Tariff on Foreign Films in Bid to Revive U.S. Movie Industry

U.S. President Donald Trump has declared a sweeping 100% tariff on all films produced outside the United States, arguing that the American movie industry...

Sunoco to Acquire Parkland in $9.1 Billion Deal Creating Largest Independent Fuel Distributor

Dallas-based fuel supplier Sunoco has announced a $9.1 billion agreement to acquire Parkland, a Canadian fuel refiner and retailer headquartered in Calgary. The transaction,...

Woodside Energy Plans Further Stake Sale in Louisiana LNG Project

Woodside Energy, Australia's leading natural gas producer, announced on Tuesday its plans to sell an additional 20%-30% stake in its Louisiana LNG project. The...

Oil Prices Rebound Amid Ongoing Market Concerns

Oil prices gained more than $1 per barrel on Tuesday, marking a rebound after a decision by OPEC+ to accelerate output boosts led to...

Growing Interest in Private Credit Products for Individual Investors

Individual investors can expect a growing selection of financial products that include private credit in the coming months and years, according to financial executives...

Waymo Expands Autonomous Vehicle Production with New Arizona Plant

Waymo, the self-driving unit of Alphabet, has announced plans to expand its autonomous vehicle capabilities by building Jaguar I-PACE and Zeekr vehicles equipped with...

Westpac CEO Optimistic About Australia’s Economic Recovery Amid Reduced Mortgage Stress

The CEO of Westpac, Australia's second-largest home lender, Anthony Miller, shared an optimistic outlook on the country's economic recovery, citing reduced mortgage stress and...

Taiwan Foreign Minister to Visit Texas to Boost Trade and AI Ties

Taiwan's foreign minister, Lin Chia-lung, is set to visit the U.S. state of Texas to attend a forum on artificial intelligence (AI) and to...

Hong Kong Freight Industry Hit Hard by U.S.-China Trade War

Hong Kong’s freight forwarding industry is facing significant challenges as the U.S.-China trade war continues to take a toll on global trade. Reports indicate...

OpenAI Set to Acquire Coding Tool Windsurf for $3 Billion

OpenAI has reportedly agreed to acquire the artificial intelligence-assisted coding tool Windsurf for approximately $3 billion, according to sources familiar with the deal. Although...

Market Sentiment Grows Cautious Amid U.S. Dollar Weakness and Trade Uncertainty

Investors have been easing off from their heavy selling of the U.S. dollar after the Taiwan dollar led a remarkable surge in Asian currencies...

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