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

Asian Stocks Rise as U.S. Inflation Data Fuels Optimism for Rate Cuts

Stocks across Asia rose on Wednesday, while the U.S. dollar showed signs of weakness, as relatively tame U.S. inflation data bolstered hopes for interest...

Global Markets Watch for Trade Deals and Economic Data

Global equity markets have regained much of the losses from the past six weeks since U.S. President Donald Trump imposed tariffs, leaving investors anxiously...

Nvidia to Sell Over 18,000 AI Chips to Saudi Arabia’s Humain

Nvidia CEO Jensen Huang announced that the company will sell over 18,000 of its advanced Blackwell AI chips to Humain, a Saudi Arabian company....

Elon Musk Announces Starlink Approval for Aviation and Maritime Use in Saudi Arabia

Elon Musk announced that Saudi Arabia has approved his satellite internet service, Starlink, for aviation and maritime use in the region during a White...

Airbnb Unveils Redesigned App with Expanded Services for Travelers

Airbnb has introduced a redesigned app, signaling the company’s ambitious move to broaden its offerings beyond home rentals. This update is part of Airbnb’s...

Google Tests AI Mode Feature on Search Page to Compete with ChatGPT

Google is testing a new feature called "AI Mode," positioned just beneath its search bar, next to the “Google Search” button. This new addition...

Chime Files for IPO on Nasdaq, Revealing Growth and Financial Services

Chime, a leading financial technology company, has filed to go public on the Nasdaq under the ticker symbol “CHYM.” The company, which provides a...

CureIS Healthcare Files Lawsuit Against Epic Systems Over Anticompetitive Practices

CureIS Healthcare, a managed care services company, filed a civil lawsuit against Epic Systems on Monday, accusing the electronic health record (EHR) provider of...

Chime Pays $33 Million to NBA’s Dallas Mavericks for Jersey Patch Sponsorship

Chime Financial, a fintech company based in San Francisco, has disclosed that it paid the Dallas Mavericks around $33 million over three years for...

eToro Sets IPO Price at $52 Per Share, Targets $4.2 Billion Valuation

eToro, the Israel-based stock brokerage platform that has increasingly focused on cryptocurrency, has priced its upcoming IPO at $52 per share. The company plans...

Samsung Acquires FläktGroup for €1.5 Billion to Expand HVAC Business

Samsung Electronics has announced its acquisition of FläktGroup, a German-based provider of advanced heating, ventilation, and air conditioning (HVAC) solutions, for €1.5 billion ($1.68...

Warren Buffett Recommends Documentary on Katharine Graham at 2025 Berkshire Meeting

At the 2025 Berkshire Hathaway annual meeting, Warren Buffett announced his upcoming retirement as CEO, a momentous event that captured global attention. Yet amid...

$100M New Jersey Deli Fraud: Coker Jr. Sentenced After Thai Prison Ordeal

Peter Coker Jr., a central figure in the $100 million New Jersey deli stock fraud case, was sentenced to 40 months in prison in...

Family Offices Face Talent Crunch Amid Rapid Growth in Wealth Management

Family offices are poised for significant growth as the ultra-wealthy seek more personalized ways to manage their assets. With an estimated 8,030 family offices...

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