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

Apple’s Parental Controls Face Limitations in Protecting Kids Online

Parents increasingly rely on Apple’s built-in parental controls to safeguard their children’s online experiences on iPhones, iPads, and Macs. However, recent findings suggest these...

FDA Approves Johnson & Johnson’s Spravato as Standalone Treatment for Depression

The Food and Drug Administration (FDA) has approved Spravato, Johnson & Johnson’s nasal spray treatment, as a standalone therapy for treatment-resistant depression (TRD). This...

Disney’s Moana 2 Joins Billion-Dollar Club, Extending Studio’s Box Office Dominance

Disney’s reign at the box office continues, as Moana 2 has officially surpassed $1 billion in global ticket sales over the Martin Luther King...

Goldman Sachs Introduces AI Assistant to Transform Banking Operations

Goldman Sachs has launched a generative AI assistant designed to support its bankers, traders, and asset managers, marking a significant step in the integration...

Netflix Raises Subscription Prices Again in the U.S. and Other Markets

Netflix is raising the cost of most of its U.S. subscription plans, marking another price hike as the company continues to boost revenue and...

China’s Industrial Robot Sales Face First Decline in Five Years

China’s industrial robot market is projected to experience its first decline in five years, with total deliveries in 2024 estimated at 300,000 units, a...

Foxconn Invests $82 Million in New EV Battery Plant in Zhengzhou

Foxconn Technology Group, a major Apple supplier, is investing 600 million yuan (US$82 million) into a new electric vehicle (EV) battery plant in Zhengzhou,...

Ant Group Restructures Alipay into Two Business Units for Growth

Ant Group, the fintech giant affiliated with Alibaba Group, has announced a significant reorganization of its mobile payment platform, Alipay. The company is splitting...

The Rise of Car Operating Systems: Revolutionizing Vehicle Technology

Modern vehicles are increasingly powered by sophisticated operating systems, a shift that started decades ago with the introduction of electronic control units (ECUs) in...

Quantum Computing Breakthrough with Google’s Willow Chip: Implications for Cryptocurrencies

Google has unveiled Willow, a quantum computing chip capable of unprecedented computational speeds while significantly reducing error rates. This breakthrough could reshape industries, including...

Nordstrom to Go Private in $6.25 Billion Buyout by Founding Family and El Puerto de Liverpool

Nordstrom, the iconic American retailer, is set to become a private company after its founding family and Mexican department store chain El Puerto de...

Lego’s Innovative Strategies Propel Growth Amid Toy Industry Challenges

The toy industry is navigating its second consecutive year of declining sales, but Lego continues to defy the trend. The Danish company achieved a...

2025 Media Industry Predictions: A Baker’s Dozen Insights

As 2025 begins, media executives anonymously share their bold predictions for the year ahead, offering candid insights into the industry's potential transformations. Here are...

Bitcoin Recovers to $97,000 Amid Market Volatility

Bitcoin hovered near $97,000 on Friday, regaining ground after dipping below $93,000 earlier in the day. The cryptocurrency experienced significant volatility as broader market...

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