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

Venu Streaming Service to Launch at $43 Per Month, Aimed at Cord-Nevers

This fall, Disney, Fox, and Warner Bros. Discovery are set to launch Venu, a new streaming service priced at $42.99 per month. This pricing...

New Funding Boosts USA Women’s Sports Ahead of 2024 Paris Olympics

The 2024 Paris Olympics are drawing substantial new investments for lesser-known sports and women’s teams, with the USA women’s rugby sevens, water polo, and...

DraftKings Introduces Surcharge on Winning Bets in High-Tax States

DraftKings, a leading mobile betting company, is set to introduce a surcharge on winning bets in states with high sports betting tax rates, aiming...

Jeff Bezos’ Latest Investment Focus: Artificial Intelligence

Jeff Bezos has been making waves with his extravagant purchases, such as a $165 million estate in Los Angeles and a $177 million property...

NASA Debates Returning Astronauts on Boeing’s Starliner Amid Safety Concerns

NASA management is currently in extensive discussions about whether to bring back astronauts Butch Wilmore and Suni Williams on Boeing’s Starliner capsule or use...

Delta CEO Offers Employees Free Travel Passes After Major Disruptions

Delta Air Lines CEO Ed Bastian on Friday extended an offer of two free travel passes to employees in recognition of their efforts during...

Eli Lilly’s Weight Loss and Diabetes Drugs Now Fully Available in U.S.

All doses of Eli Lilly’s highly popular weight loss injection Zepbound and diabetes drug Mounjaro are now available in the U.S., according to a...

Mortgage Rates Drop Significantly Amid Weak Jobs Report

The average rate for the popular 30-year fixed mortgage dropped by 22 basis points to 6.4% on Friday, according to Mortgage News Daily, marking...

WNBA Secures $2.2 Billion Media Rights Deal with Reevaluation Clause

The WNBA’s new media rights deal includes a price reevaluation after the 2028 season to reflect the league’s increasing popularity, according to sources familiar...

Rising Costs and Complexity of Third-Party Food Delivery Services

Food from the restaurant of your choosing, delivered right to your door — but at what cost? Third-party food delivery has become the norm for...

Fast-Food Chains Revive $5 Meal Deals to Attract Budget-Conscious Customers

Subway began phasing out its $5 footlong sandwiches a decade ago. However, fast-food chains are now reviving the $5 price point to attract budget-conscious...

Weilong Delicious Global Holdings Poised for Profit Surge Amid Economic Slowdown

Weilong Delicious Global Holdings, a prominent Chinese snack manufacturer, is poised to attract heightened investor attention following an anticipated profit surge in the first...

Chinese Brands Leverage Paris Summer Olympics to Boost Global Presence

Chinese companies are capitalizing on the Paris Summer Olympics to enhance their brand visibility both domestically and internationally. Among the prominent names, dairy giant...

Alibaba Waives Tmall Service Fees and Adjusts Refund Policy to Support Merchants

Chinese e-commerce giant Alibaba Group Holding has announced significant changes to support merchants on its platforms. Starting September 1, Alibaba will waive the annual...

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