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

U.S. Regulators Approve Capital One’s $35.3 Billion Purchase of Discover

U.S. banking regulators have approved Capital One's $35.3 billion acquisition of Discover Financial Services, a deal that will make the combined entity the eighth-largest...

Hertz CEO Acknowledges Investor Bill Ackman’s Support as Stock Soars

Hertz CEO Gil West expressed gratitude and appreciation following remarks from billionaire investor Bill Ackman, whose investment firm, Pershing Square, recently acquired a 19.8%...

Global Firms Compete for $1 Billion District Cooling Business in Abu Dhabi

Global asset managers, including KKR and I Squared Capital, are competing to acquire a district cooling business owned by Abu Dhabi's Multiply Group, which...

COMAC Aircraft C909 Takes to Vietnam’s Skies

On Saturday, two Chinese-made COMAC aircraft, designated as C909, began flying commercial routes in Vietnam, marking a significant milestone for the Commercial Aircraft Corporation...

Trump Administration Expedited Permitting for Critical Mineral Projects

The White House has announced that it will expedite the permitting process for 10 mining projects across the United States as part of President...

Japan Considers Increasing Rice and Soybean Imports Amid U.S. Trade Talks

Japan is considering increasing its soybean and rice imports as part of trade negotiations with the U.S. over President Donald Trump's tariffs. Amid concerns...

Tesla Delays Production of Affordable Model Y, Targets 2026 Launch

Tesla's long-anticipated plans for an affordable electric vehicle have faced delays, including the production of a U.S.-made, budget-friendly version of its popular Model Y...

Impact of U.S.-China Trade War on Chinatown Businesses

In New York City's Chinatown, the escalating trade war between the U.S. and China is already affecting local businesses. The impact of President Donald...

Nvidia Responds to Congressional Investigation Over H20 Chip Exports to China

Nvidia has responded to the growing scrutiny over its H20 chip exports to China, asserting that it fully complies with U.S. government regulations on...

TSMC Denies Reports of Joint Venture Talks with Intel Amid Chip Industry Challenges

Taiwan Semiconductor Manufacturing Company (TSMC) has firmly denied reports suggesting that it is in discussions with Intel about a potential chipmaking joint venture. CEO...

House Committee Investigates 23andMe’s Bankruptcy Filing and Data Security Concerns

The House Committee on Energy and Commerce is investigating 23andMe’s decision to file for Chapter 11 bankruptcy protection, raising concerns that the company’s sensitive...

FDA Approves Precision Neuroscience’s Brain Implant System for Clinical Use

Precision Neuroscience, a neurotech startup, achieved a major milestone on Thursday with the U.S. Food and Drug Administration’s approval of a core component of...

Global Payments Shares Drop 17% After Worldpay Acquisition and Issuer Solutions Sale

Shares of Global Payments dropped 17% on Thursday following its announcement that it will acquire Worldpay for more than $24 billion while also selling...

New Jersey Attorney General Sues Discord Over Child Safety Concerns

The New Jersey Attorney General has filed a lawsuit against Discord, accusing the company of misleading consumers about its child safety features on the...

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