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

Function Health Acquires Ezra, Introduces Affordable Full-Body Scan

Blood testing startup Function Health has announced its acquisition of Ezra, a company specializing in full-body MRI scans, and introduced a new 22-minute scan...

Waymo to Double Robotaxi Fleet with New Arizona Plant

Alphabet-owned Waymo and auto manufacturing giant Magna International have announced plans to double the production of robotaxis at their new plant in Mesa, Arizona,...

Palantir Reports Strong Earnings and Boosts Revenue Outlook

Palantir Technologies boosted its revenue guidance on Monday while reporting earnings that met analysts' expectations, though its shares dropped by about 9% after hours....

Palantir CEO Alex Karp Delivers Philosophical Shareholder Letter Amid Strong Earnings

Palantir CEO Alex Karp delivered a distinctive message to investors in the company’s first-quarter earnings report, combining business updates with philosophical musings. In his...

Hims & Hers Reports Strong Earnings, But Weak Guidance Sends Shares Lower

Hims & Hers Health saw its stock decline in after-hours trading on Monday after reporting first-quarter earnings that exceeded analysts’ expectations but provided weaker-than-expected...

Hinge Health Posts Strong Q1 Results as It Prepares for IPO

Hinge Health, a digital physical therapy startup, has released its first-quarter results, highlighting strong revenue growth. The company, which filed to go public in...

Starbase Becomes Official Texas City, Led by SpaceX Employees

Elon Musk's new company town, Starbase, located along the Texas Gulf Coast, has officially become a city. The incorporation election, which took place over...

Cadillac’s Resurgence: GM’s Ambitious Push to Reclaim Luxury Leadership

Walking into General Motors’ global design headquarters is like stepping back in time. The midcentury modern architecture, largely unchanged since the building’s opening in...

Trump’s Proposed 100% Tariff on Foreign-Made Films Shakes Hollywood Investors

Hollywood investors were left reeling Monday after former President Donald Trump proposed a 100% tariff on films made overseas and imported into the United...

Skechers to Go Private in $63-Per-Share Buyout by 3G Capital

Skechers has reached an agreement to be acquired by private equity firm 3G Capital for $63 per share, concluding nearly 30 years as a...

FanDuel Sports Network Sees Rapid Streaming Growth Post-Rebrand

FanDuel Sports Network, the rebranded group of regional sports networks formerly known as Bally Sports, has experienced significant growth in its streaming subscriber base,...

Air Traffic Control Failure at Newark Spurs Flight Delays and Infrastructure Concerns

Air traffic controllers at Newark Liberty International Airport temporarily lost radar and communications with aircraft on April 28, causing significant disruptions and exposing critical...

Trump Signs Order to Boost U.S. Drug Manufacturing and Curb Imports

President Donald Trump signed an executive order aimed at revitalizing pharmaceutical manufacturing within the United States. The move comes amid growing concerns over dependency...

Ford Beats Q1 Estimates but Suspends 2025 Outlook Due to Tariffs

Ford Motor Company surpassed Wall Street expectations for the first quarter of 2025 but has suspended its full-year financial guidance due to the anticipated...

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