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

Flutter Entertainment Acquires Snaitech in $2.6 Billion Deal to Expand in Italy

Flutter Entertainment, the parent company of FanDuel, is set to acquire the Italian gambling company Snaitech from Playtech for $2.6 billion (2.3 billion euros),...

SpaceX Secures Major In-Flight Wi-Fi Deal with United Airlines, Expanding Starlink’s Reach

SpaceX's Starlink in-flight Wi-Fi service took a significant leap forward last week by securing a major deal with United Airlines. With this new partnership,...

Airlines See Higher Revenues as Travelers Face Increasing Airfares

Airlines are reporting better-than-expected unit revenues as the summer travel season comes to a close, indicating that travelers will likely face higher airfares in...

McDonald’s Extends $5 Value Meal to Win Back Budget-Conscious Consumers

McDonald’s is extending its popular $5 value meal into December in most U.S. markets in an effort to recapture lower-income consumers. Franchisees across the...

American Airlines Flight Attendants Approve New Contract with 20.5% Pay Raises

American Airlines flight attendants have approved a five-year labor contract, bringing an end to prolonged negotiations and securing substantial pay increases. The agreement, approved...

Jeep Targets 1 Million U.S. Sales by 2027 Amid Turnaround Efforts

Jeep, a prominent name in the SUV market, is targeting a significant recovery with a goal of reaching 1 million U.S. vehicle sales by...

United Airlines to Offer Free Inflight Wi-Fi with SpaceX’s Starlink

United Airlines announced it will offer free inflight Wi-Fi powered by SpaceX’s Starlink on its fleet of over 1,000 planes, marking the largest partnership...

Boeing Workers Strike After Rejecting Labor Contract, Halting Airplane Production

Boeing factory workers initiated a strike after midnight on Friday, halting production of the company's bestselling airplanes. The strike came after 94.6% of workers...

SAFE Bet Act Introduced to Regulate U.S. Sports Gambling Amid Concerns

In response to the rapid expansion of sports gambling across the United States, lawmakers Rep. Paul Tonko (D-N.Y.) and Sen. Richard Blumenthal (D-Conn.) have...

Alzheimer’s Patients Hope for More Time as Leqembi Offers New Treatment Option

Leqembi, a new Alzheimer’s treatment developed by Biogen and Eisai, is offering hope to patients in the early stages of the disease by slowing...

Nelson Peltz Steps Down as Wendy’s Chairman After 17 Years

Nelson Peltz has stepped down as chairman of Wendy’s, ending a 17-year tenure at the fast-food chain. The company announced that Peltz’s departure is...

Big Lots Files for Bankruptcy Amid High Interest Rates and Sluggish Housing Market

Discount home goods retailer Big Lots has filed for Chapter 11 bankruptcy protection, citing the impact of high interest rates and a sluggish housing...

Goldman Sachs to Take $400M Hit as It Unwinds Consumer Business

Goldman Sachs is set to report a pretax loss of approximately $400 million in its third-quarter earnings as the bank continues to exit its...

DirecTV and Disney Carriage Dispute Threatens NFL Monday Night Football for Millions of Viewers

Millions of DirecTV customers may miss the NFL's opening Monday Night Football game on ESPN as a deal with Disney, which owns ESPN, remains...

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