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

Miami Dolphins in Talks to Sell Minority Stake to Ares Management and Joe Tsai

The Miami Dolphins are in advanced discussions to sell a minority stake in the team to private equity firm Ares Management and billionaire Joe...

Ford Unveils Redesigned 2025 Expedition SUV with Enhanced Features and Technology

Ford Motor has revealed a redesign of its popular Expedition SUV for 2025, introducing new features and technology to better compete in the growing...

Tom Brady’s Iconic Watch Collection and Sports Memorabilia Up for Auction

Legendary quarterback Tom Brady is offering his personal collection of luxury watches and sports memorabilia for auction this December, through Sotheby’s. The collection, titled...

MLS Partners with OneFootball to Expand Global Reach and Engage Fans with Digital Content

Major League Soccer (MLS) has announced a strategic partnership with German digital media platform OneFootball, aiming to broaden its global audience by offering highlights,...

Impulse Space Raises $150 Million to Expand Orbital Transfer Vehicle Production

Los Angeles-based space startup Impulse, led by former SpaceX engineer Tom Mueller, has raised $150 million in a new funding round led by Founders...

PepsiCo Acquires Siete Foods for $1.2 Billion in Major Health-Focused Expansion

PepsiCo has announced the acquisition of Mexican American food company Siete Foods for $1.2 billion, marking its first food-related acquisition in five years. This...

GM’s Third-Quarter Sales Decline by 2.2%, Boosted by Electric Vehicle Growth

General Motors (GM) reported a 2.2% drop in third-quarter sales for 2024, with total vehicle sales amounting to 659,601 units. This decline was slightly...

Nike Withdraws Full-Year Guidance Amid CEO Transition and Slowing Sales

Nike has announced the withdrawal of its full-year guidance and the postponement of its investor day as the company prepares for a leadership transition....

AWS TechFest Highlights AI Solutions for Business Transformation in Hong Kong

Artificial intelligence is no longer just a buzzword but a critical tool for business survival, with 65% of organizations already integrating GenAI into their...

Alibaba Launches Free Delivery Promotion for Taobao Shoppers in Hong Kong

Alibaba Group Holding has announced a three-month promotion that will waive delivery charges for Taobao users in Hong Kong on orders exceeding 99 yuan...

Intel Nears $8.5 Billion Funding Deal with U.S. Government to Boost Chip Manufacturing

Intel is on the verge of finalizing an $8.5 billion funding deal with the U.S. government, expected to close by the end of the...

FDA Approves New Schizophrenia Drug Cobenfy, Offering Hope for Patients

The FDA has given the green light to Cobenfy, a highly anticipated schizophrenia medication from Bristol Myers Squibb, marking the first new type of...

Radiation Data from NASA’s Artemis I Mission Sheds Light on Space Travel Risks

Scientists have gained critical insights into the dangers of radiation exposure for astronauts traveling beyond Earth's magnetic field, thanks to data collected during NASA's...

Mark Zuckerberg’s Latest AR Glasses Reveal and His Passion for Ancient Rome

Mark Zuckerberg’s fascination with the Roman Empire was on full display at Meta’s annual Connect event in Menlo Park, California, where the CEO unveiled...

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