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

Markets Struggle as Tariff Warnings Weigh on Stocks and Oil Prices

Shares had a mixed performance on Wednesday as investors awaited crucial economic data that could shed light on the effects of U.S. President Donald...

Microsoft Affirms Commitment to European Laws Amid Big Tech Scrutiny

Microsoft's President, Brad Smith, reiterated the company’s respect for European laws, including the landmark Digital Markets Act, which seeks to limit the power of...

Hedge Funds Pull Back from European Stocks Amid Trade Concerns

In the largest sell-off of European stocks by hedge funds in a decade, investors pulled back significantly during March and April, according to a...

Trump Softens Auto Tariffs Amid Economic Concerns

President Donald Trump signed two executive orders to ease the impact of his auto tariffs, offering credits and relief from other levies on materials....

U.S. Economy Faces Slowdown Amid Trump’s Tariff Policies

The U.S. economy likely faced a slowdown or even contraction in the first quarter, impacted by a surge in imports as businesses sought to...

TikTok Dominates Short-Form Video Market Amid Growing Competition

TikTok’s dominance in the short-form video market is becoming increasingly apparent, with the app now boasting over 1.12 billion active users worldwide. Since its...

Meta’s AI Strategy Faces Tariff Risks and Investor Scrutiny

Meta’s plan to dominate the artificial intelligence (AI) market is being closely watched as the company prepares for its earnings report this week. A...

Fintech Stocks Face Uncertainty Ahead of Earnings Reports Amid Tariff Concerns

The upcoming earnings reports for PayPal, Block, and Affirm are generating investor anxiety as these fintech giants are closely tied to consumer spending, which...

IBM to Invest $150 Billion in U.S. Manufacturing and AI Advancements

IBM has committed to investing $150 billion in the U.S. over the next five years, with more than $30 billion dedicated to advancing the...

Veza Raises $108 Million to Expand AI-Powered Access Management Solutions

Veza, a software company specializing in managing internal technology access within organizations, has raised $108 million in a funding round led by New Enterprise...

Palo Alto Networks to Acquire Protect AI for Enhanced AI Security

Palo Alto Networks has announced its plans to acquire Protect AI, a startup focused on securing artificial intelligence (AI) and machine learning (ML) applications,...

Spotify Pays Over $100 Million to Podcast Creators in Q1 2025

In the first quarter of 2025, Spotify paid more than $100 million to podcast creators across the globe, demonstrating the platform’s significant investment in...

Palantir Surges Amid Tech Struggles in 2025, Outperforming Rivals

In 2025, tech stocks have faced significant challenges, with concerns about recession and trade wars dampening investor confidence in riskier assets. However, Palantir has...

Google Spends $8.27 Million on Sundar Pichai’s Security in 2024

In 2024, Google spent $8.27 million on personal security for CEO Sundar Pichai, marking a nearly 22% increase from $6.78 million in 2023, according...

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