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

Snap Reports Q1 Revenue Beat but Issues Cautious Outlook

Snap reported better-than-expected first-quarter revenue on Tuesday but caused concern with its decision not to provide guidance for the second quarter. The company cited...

Super Micro Shares Drop 19% After Lower-than-Expected Q3 Results

Super Micro's shares dropped as much as 19% on Tuesday following the announcement of its preliminary third-quarter fiscal results, which fell short of analysts'...

Waymo and Toyota Partner to Explore Autonomous Technology for Personal Vehicles

Waymo, the autonomous driving division of Alphabet, and Toyota have announced a preliminary partnership to explore how to bring robotaxi technology to personally-owned vehicles....

Samsung Reports Record Revenue and Growth in Q1 Despite Economic Challenges

Samsung Electronics exceeded analysts' expectations in its first-quarter results, with a 10% increase in revenue and a 1.5% rise in operating profit. The company’s...

AI Revolutionizing Software Development at Microsoft and Meta

Satya Nadella, CEO of Microsoft, revealed that up to 30% of the company's code is now written by artificial intelligence, marking a significant shift...

UK Risk of Losing Fintech and Crypto Innovation to Global Hubs

The UK risks losing emerging fintech and cryptocurrency entrepreneurs to rival hubs if it doesn’t address key regulatory and funding challenges, according to industry...

SoFi to Re-Enter Cryptocurrency Market with Expanded Offerings

SoFi CEO Anthony Noto has announced that the fintech bank will reintroduce cryptocurrency investing by the end of this year after a significant regulatory...

United Airlines Reopens Expanded Polaris Lounge at Chicago O’Hare

United Airlines has reopened its flagship Polaris lounge at Chicago O’Hare International Airport, offering an enhanced experience for premium international travelers. Located in Terminal...

JetBlue Nears Major Partnership to Expand Reach After Failed Mergers

JetBlue Airways is preparing to announce a strategic partnership with a larger U.S. airline in the coming weeks, aiming to expand its network and...

Pfizer Expands Cost-Cutting Plan, Beats Q1 Earnings Amid Declining Covid Sales

Pfizer reported better-than-expected first-quarter earnings while unveiling an expanded cost-cutting initiative aimed at stabilizing its business amid a continued drop in Covid-related revenue. While...

Novo Nordisk Expands Wegovy Access Through Telehealth Amid End of Compounding

Novo Nordisk announced that it will make its weight loss drug Wegovy available through telehealth platforms Hims & Hers Health, Ro, and LifeMD, as...

GM Reassesses 2025 Outlook and Halts Stock Buybacks Amid Tariff Concerns

General Motors reported strong first-quarter results, surpassing Wall Street expectations, but has paused future stock buybacks and is reassessing its 2025 financial guidance due...

Pfizer CEO Cites Tariff Uncertainty as Barrier to U.S. Investment

Pfizer CEO Albert Bourla expressed concerns on Tuesday over the uncertainty surrounding planned pharmaceutical tariffs, saying it is discouraging the company from increasing investments...

Oddity Tech Surpasses Expectations and Raises 2025 Forecast Amid Tariff Uncertainty

Oddity Tech, the parent company of Il Makiage and Spoiled Child, reported robust first-quarter results and raised its guidance for fiscal 2025, outperforming broader...

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