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

Spirit Airlines Extends Debt Refinancing Timeline Amid Financial Challenges

Spirit Airlines announced on Friday that it has reached an agreement with its credit card processor to extend its debt refinancing deadline to December,...

Stellantis to Close Arizona Proving Grounds Amid Cost-Cutting Efforts

Stellantis, the trans-Atlantic automaker, is preparing to close and sell its Arizona Proving Grounds by the end of this year, as part of a...

Ripple Expands Crypto Custody Services for Banks and Fintechs

Ripple, a U.S.-based blockchain startup, announced a significant expansion of its crypto custody business, introducing new services aimed at helping banks and financial technology...

Meta Unveils Advanced AR Glasses Orion as Next Step in AR/VR Vision

Meta is pushing forward with its ambitious augmented reality (AR) and virtual reality (VR) plans, unveiling its new AR glasses, Orion, at the recent...

Microsoft Launches AI Tools to Streamline Health-Care Operations

Microsoft has announced a suite of new AI-powered tools designed to enhance health-care operations and reduce administrative strain on clinicians. These tools include advanced...

AMD Unveils New AI Chip Instinct MI325X to Challenge Nvidia in Data Centers

AMD has announced the launch of its latest AI chip, the Instinct MI325X, marking a bold move to challenge Nvidia’s dominance in the data...

Microsoft Expands Xbox Game Purchases to Android with New App Update

Microsoft announced that, beginning in November, it will allow Android users to purchase and play Xbox games directly through its Xbox app, following a...

CoreWeave Secures $650 Million Credit Line to Expand AI Infrastructure

CoreWeave, an artificial intelligence (AI) startup backed by Nvidia, announced that it has secured a $650 million credit line to support its growing cloud...

United Airlines Announces Global Expansion to Unique Destinations in 2025

United Airlines is preparing for a significant international expansion in 2025, introducing new routes to far-flung and unique destinations, ranging from Senegal to Mongolia...

How Wealthy Millennials and Gen Z Are Redefining Charitable Giving

Wealthy millennials and Gen Zers are transforming the landscape of charitable giving, prioritizing activism and engagement over traditional financial donations. A recent study of...

WNBA Expands Season and Finals Format for 2025, Introduces New Teams

The Women's National Basketball Association (WNBA) is gearing up for major changes in its 2025 season, offering fans even more opportunities to see their...

Costco Expands Precious Metals Selection with Platinum Bars

Costco is continuing to expand its presence in the precious metals market by adding 1-ounce Swiss-made platinum bars to its lineup. The wholesaler, known...

Formula One and LVMH Enter 10-Year Partnership Focused on Luxury and Innovation

Liberty Media-owned Formula One and luxury giant LVMH have announced a 10-year partnership that will officially launch at the start of the next F1...

Starbucks Expands Coffee Farm Investments to Combat Climate Change

Starbucks has expanded its efforts to protect its coffee supply by acquiring two new farms—one in Costa Rica and another in Guatemala—as part of...

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