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

US Ends Tariff Exemption on Small Parcels, Impacting E-Commerce Retailers

The United States has officially ended the “de minimis” tariff exemption for e-commerce parcels under $800 originating from China and Hong Kong, leading to...

Apple Cuts Buyback, Prepares for Tariff Impact with U.S. Shift

Apple reduced its stock buyback program by $10 billion and warned that global tariffs could add around $900 million to its costs this quarter....

Global Markets Rebound as Hopes for U.S.-China Trade Talks Boost Investor Sentiment

Global stock markets rallied on Friday as optimism over potential trade talks between the United States and China helped lift investor sentiment, counterbalancing concerns...

Microsoft Increases Xbox Prices Amid Market Conditions and Higher Development Costs

Microsoft has announced that it is raising the recommended retail prices for its Xbox consoles and some controllers globally, citing “market conditions” and the...

Amazon Q1 Ad Revenue Surges 19%, Beating Expectations Amid Economic Uncertainty

Amazon reported a 19% increase in its online ad revenue for the first quarter, surpassing analysts’ expectations. Ad sales reached $13.92 billion, slightly exceeding...

Reddit Q1 Revenue Beats Expectations; Shares Soar Before Softening Due to Economic Concerns

Reddit posted strong first-quarter results, surpassing Wall Street’s expectations. The company reported earnings of 13 cents per share, well above the 2-cent estimate, and...

Airbnb Q1 Results Meet Estimates, But Disappointing Revenue Forecast Hits Shares

Airbnb reported results for the first quarter that mostly aligned with analysts' expectations, but issued a revenue forecast for the second quarter that disappointed...

Amazon Cloud Business Slows as AWS Revenue Misses Expectations

Amazon’s cloud business, Amazon Web Services (AWS), showed slower growth than expected in the first quarter, marking the third consecutive revenue miss for the...

Block Misses Expectations in First Quarter, Issues Disappointing Outlook

Block reported disappointing first-quarter results, with the company missing Wall Street’s expectations and offering a weak outlook for the remainder of the year. The...

Amazon CEO Andy Jassy Optimistic Amid Tariff Challenges and Forecasts

Amazon CEO Andy Jassy reassured investors during the company's first-quarter earnings call, expressing confidence that the retail giant could emerge from the current tariff...

Nvidia CEO Jensen Huang’s Pay Surge Reflects Company’s Massive Growth

Nvidia CEO Jensen Huang, who has amassed billions from his stake in the company, is seeing his first salary increase in a decade. According...

Apple CEO Discusses Impact of Trump Tariffs on Company Operations

Apple CEO Tim Cook addressed investors on the company’s second-quarter earnings call, revealing how the company has managed the impact of the Trump administration’s...

Venmo Outperforms Cash App in Peer-to-Peer Payments Market

In the competitive peer-to-peer payments market, Venmo is gaining traction, while Cash App is facing challenges. Both companies reported their quarterly earnings this week,...

Builders Vision Names Noelle Laing as Chief Investment Officer

Builders Vision, the family office of billionaire Walmart heir Lukas Walton, has promoted Noelle Laing to chief investment officer. The Chicago-based organization, known for...

- A word from our sponsors -

spot_img

Follow us

HomeBusiness