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

FDA Authorizes Novavax’s Updated Covid Vaccine for Emergency Use in Ages 12 and Up

The Food and Drug Administration (FDA) has granted emergency use authorization for Novavax's updated Covid-19 vaccine for individuals aged 12 and older. This approval...

HMD Global and Mattel Unveil Nostalgic Barbie-Themed Flip Phone

HMD Global, the company behind Nokia-branded phones, has teamed up with Mattel, the iconic toymaker, to introduce the HMD Barbie Phone. This pink feature...

Chinese Mother Suspects IVF Embryo Mix-Up After Seeing Look-Alike Child in Viral Video

A mother in China, surnamed Wang, sparked widespread attention after suspecting that a little girl seen in a viral video might have a biological...

Edgar Bronfman Jr. Competes for Paramount Global Stake, Proposes Keeping Shari Redstone Involved

Edgar Bronfman Jr. has made a $6 billion bid to acquire a controlling stake in Paramount Global, potentially allowing Shari Redstone, the current non-executive...

Restaurants Navigate Rising Costs with Surcharges Amid “Junk Fees” Debate

Lawmakers are intensifying efforts to eliminate “junk fees,” but restaurants are attempting to avoid being caught in the crossfire. In recent years, surcharges covering...

Boeing’s Starliner Capsule to Return Empty from ISS Due to Technical Issues

Boeing's Starliner capsule, currently docked at the International Space Station (ISS), will return to Earth without the NASA astronauts it delivered in early June,...

Mavericks and Pelicans Exit Regional Sports Networks Amidst Diamond Sports Bankruptcy

Fans of the Dallas Mavericks and New Orleans Pelicans are anticipating a new way to watch local games as the upcoming NBA season approaches....

Surge in Crypto Millionaires: Global Count Nearly Doubles Amidst Rising Bitcoin ETFs

The population of crypto millionaires around the world has soared by 95% over the past year, with the number of individuals holding more than...

Canadian National Railway Workers to Return as Government Intervenes in Rail Stoppage

Workers at Canadian National Railway (CN) are set to return to work on Friday, following a government move to end an unprecedented rail stoppage...

Commonwealth Bank of Australia Lowers Mortgage Rates Amid Growing Market Competition

Commonwealth Bank of Australia (CBA), the nation’s largest lender, announced a reduction in interest rates on select home loan products for new customers on...

Tabcorp Fined A$4.3 Million for Repeated Breaches of Gambling Harm Prevention Laws

Australian wagering company Tabcorp has been fined A$4.3 million ($2.89 million) by the Victorian Gambling and Casino Control Commission (VGCCC) for repeated violations of...

Japan’s Core Inflation Accelerates, Raising Questions for Central Bank’s Future Rate Hikes

Japan's core inflation rate continued its upward trajectory in July, marking the third consecutive month of acceleration, according to data released on Friday. The...

Investors Flock to Money Market Funds Ahead of Anticipated Fed Rate Cuts

Investors funneled $37 billion into money market funds (MMFs) in the week leading up to Wednesday, according to Bank of America, as they positioned...

China’s Central Bank Subtly Intervenes to Prevent Rapid Yuan Appreciation

After months of attempting to stabilize a declining yuan, China's central bank now faces the challenge of preventing the currency from appreciating too rapidly....

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