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

Volvo Cars to Begin Deliveries of EX90 SUV After Extended Delays

Volvo Cars has announced that it will begin delivering its highly anticipated EX90 SUV to customers before the end of this month, following a...

Volkswagen Faces Workforce Tension Over Proposed Factory Closures Amid Cost-Cutting Drive

Volkswagen’s management is preparing for a tense meeting with its workforce as it outlines plans for significant cost-cutting measures, including potential factory closures in...

Nvidia Suffers Record Single-Day Loss as AI Optimism Dims Amid Market Selloff

Nvidia's shares plunged 9.5% on Tuesday, wiping out $279 billion in market value—the largest single-day loss for a U.S. company—amid a broader market selloff...

NBCUniversal’s Olympic Strategy Boosts Peacock and Drives Record Viewership

NBCUniversal's focus on the 2024 Paris Olympics has proven successful, delivering impressive results for both traditional TV and its streaming platform, Peacock. More than...

NFL Team Owners Face Estate Planning Challenges Amid Rising Values and Estate Taxes

As NFL team values surge into the billions, aging team owners are facing new challenges in managing their estates and ensuring smooth transitions to...

Tesla Cybertruck: A Bold Experiment or the Future of Trucks?

The Tesla Cybertruck has quickly made headlines, stirring a wide range of reactions from both fans and critics. Descriptions like “spaceship” and “UFO” are...

Record-Setting NFL Betting Expected to Surge in 2024 Despite Lagging Gambling Stocks

As the NFL season kicks off, U.S. sports betting is projected to reach a record $35 billion this year, marking a 30% increase from...

Steph Curry’s Post-Basketball Plans: Team Ownership and Business Ventures

Four-time NBA Champion Steph Curry is already preparing for life beyond the basketball court. At 36, Curry is not only one of the most...

South Korea’s Export Growth Slows in August Amid Weaker Demand for Semiconductors

South Korea's export growth continued for the 11th consecutive month in August, but the pace of expansion slowed as demand for key products like...

China’s New Home Prices See Slower Growth in August Amid Property Sector Struggles

New home prices in China experienced slower growth in August, reflecting the ongoing challenges in the nation’s beleaguered property sector. According to a private...

China’s Manufacturing Hits Six-Month Low as Economic Pressures Mount

China's manufacturing sector hit a six-month low in August as factory gate prices plummeted and manufacturers struggled to secure orders, according to an official...

Shanghai Pudong Development Bank Takes Full Control of Former Silicon Valley Bank Joint Venture

The Chinese joint venture of Silicon Valley Bank (SVB) is set to become a wholly owned subsidiary of Shanghai Pudong Development Bank (SPD) following...

Goldman Sachs to Cut Hundreds of Jobs in Annual Performance Review Process

Goldman Sachs is preparing to cut a few hundred jobs as part of its annual performance review process, targeting employees who have been identified...

Broader U.S. Stock Rally Signals Healthy Market Amid Upcoming Fed Decisions

A broadening rally in U.S. stocks is providing a positive signal for investors concerned about the heavy reliance on technology shares, as the market...

- A word from our sponsors -

spot_img

Follow us

HomeBusiness