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

Beijing Times Clarifies Independence: No Ties to the Chinese Government, Ending Global Political Coverage

In light of recent events and concerns, Beijing Times has made the decision to discontinue all political coverage across the globe. This change reflects...

China’s Central Bank Pauses Gold Purchases for Fourth Consecutive Month Amid Rising Prices

China's central bank, the People’s Bank of China (PBOC), has paused its gold purchases for the fourth consecutive month in August, according to official...

Goldman Sachs Adjusts OPEC+ Oil Production Forecast, Maintains Brent Crude Price Range

Goldman Sachs has revised its outlook for OPEC+ oil production, now expecting production increases to begin in December instead of the originally anticipated October...

DOJ to Propose Remedies for Google’s Search Monopoly by December, Addressing AI Integration

The U.S. Department of Justice (DOJ) announced plans to issue a detailed outline by December regarding actions Google must take to restore competition in...

U.S. Congressman Opposes Bill Restricting Business with Chinese Biotech Companies

Rep. Jim McGovern, a prominent Democratic congressman from Massachusetts, announced on Friday that he will vote against a bill aimed at restricting business with...

Japan Expresses Concerns Over Possible U.S. Block of Nippon Steel’s Bid for U.S. Steel

A leading candidate to become Japan's next prime minister has voiced concerns over reports that the U.S. may block Nippon Steel's $15 billion acquisition...

U.S. Markets Volatile as Economic Uncertainty and Fed Policy Weigh on Investors

Uncertainty over the health of the U.S. economy is contributing to heightened volatility in financial markets, as investors navigate slowing labor market data and...

U.S. Federal Energy Commission Approves BlackRock’s $12.5 Billion Deal for Global Infrastructure Partners

The U.S. Federal Energy Regulatory Commission (FERC) on Friday gave the green light to BlackRock’s $12.5 billion acquisition of Global Infrastructure Partners (GIP), a...

Federal Reserve Signals Rate Cuts Amid Slowing Labor Market

Federal Reserve officials have signaled that they are prepared to initiate a series of interest rate cuts, with the first likely to be a...

Social Media Platform X Recovers from Short Outage Affecting Thousands of Users

Social media platform X experienced a brief outage on Saturday, leaving thousands of users unable to access the site. The disruption lasted less than...

Stellantis Recalls 1.46 Million Vehicles Worldwide Over Brake System Software Issue

Chrysler’s parent company, Stellantis, announced the recall of 1.46 million vehicles worldwide on Saturday due to a software malfunction affecting the anti-lock brake system...

Europe’s Auto Industry Faces €15 Billion in Fines Due to Slow EV Adoption, Warns Renault CEO

Europe’s automotive industry is at risk of facing up to €15 billion ($17.4 billion) in fines due to sluggish demand for electric vehicles (EVs),...

Janet Yellen Hints at Departure After Biden’s Term, Stresses U.S.-China Relations and Economic Stability

U.S. Treasury Secretary Janet Yellen, 78, has indicated that she is likely to step down from government service after President Joe Biden's term ends...

China Sees Opportunity, Not Threat, in U.S. Relations Amid Trade Talks in Tianjin

China views its relationship with the United States as an opportunity rather than a threat, according to remarks by China’s Vice Commerce Minister Wang...

- A word from our sponsors -

spot_img

Follow us

HomeBusiness