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

Philadelphia Phillies Secure Nearly $600 Million in Capital, Valued at $3 Billion

The Philadelphia Phillies recently secured close to $500 million from three new investors, in a deal that values the Major League Baseball team and...

Alibaba Shifts Focus for Singles’ Day, Prioritizing Merchants and Quality Over Price Wars

When Alibaba held its eleventh Singles’ Day shopping festival in 2019, it celebrated with a star-studded performance by Taylor Swift in Shanghai. Five years...

Qualcomm Exceeds Wall Street Estimates Amid Chinese Smartphone Surge and $15B Buyback

Chip designer Qualcomm reported stronger-than-expected forecasts for the current quarter, driven by a surge in Chinese smartphone launches and bolstered by a new $15...

Google Cloud Leads in Growth Amid Cloud Computing Competition with AWS and Azure

With Wall Street’s attention on cloud computing, Google Cloud emerged as the fastest-growing provider, showing a 35% year-over-year increase in third-quarter revenue to $11.35...

Starbucks Faces Rising Competition in China as Local Coffee Chains Gain Popularity

Newly appointed Starbucks CEO Brian Niccol plans a December visit to China to address the company’s challenges in a competitive coffee market. With a...

Apple Invests $1.5 Billion in Globalstar for Expanded iPhone Satellite Connectivity

Apple has committed approximately $1.5 billion to support the expansion of Globalstar, a satellite communications company, in a move to enhance iPhone connectivity services....

U.S. Space Force Launches $2 Billion R-GPS Program to Strengthen GPS Infrastructure

The U.S. Space Force has introduced the Resilient Global Positioning System (R-GPS), a $2 billion program aimed at creating a backup GPS network to...

Disney Parks Transition from Halloween to Christmas with Stunning Holiday Transformations

As Halloween ends, Disney’s domestic parks swiftly transform into a holiday wonderland, trading pumpkins for poinsettias and autumn hues for festive greens and reds....

Antenna Group in Early Talks to Acquire Time Magazine from Marc Benioff

Greek media company Antenna Group is reportedly in early discussions to acquire Time magazine from Marc Benioff, co-founder of Salesforce. While no deal has...

Apple Acquires Pixelmator, Expanding Its Image Editing Suite for iOS and Mac

Apple has announced the acquisition of Pixelmator, a well-known developer of image editing software for iOS and macOS, which was established in 2007 in...

Nvidia Joins Dow Jones Industrial Average, Replacing Intel Amid AI Boom

Nvidia is set to replace Intel in the Dow Jones Industrial Average, a significant change to the renowned index that highlights Nvidia’s ascent in...

Starbucks CEO Aims to Revitalize Brand with Personal Touches and In-Store Changes

Starbucks CEO Brian Niccol is focused on returning the coffee chain to its roots with a series of changes aimed at creating a more...

Threads by Meta Reaches 275 Million Monthly Users, Eyes Growth Amidst Rivalry with X

Meta’s Threads app, launched as a direct competitor to Elon Musk’s X (formerly Twitter), now boasts nearly 275 million monthly users, marking significant growth...

OpenAI Launches ChatGPT Search, Expanding Competition with Google and Microsoft

OpenAI has launched a new search feature within ChatGPT, positioning the AI startup to compete directly with established search engines like Google, Microsoft’s Bing,...

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