Russia tries to re-stake its claim to China after Trump’s meeting with Xi

Russia is moving to reaffirm its strategic relationship with China following Donald Trump’s meeting with Xi Jinping. Moscow has described Mikhail Mishustin’s visit to China as “very important,” and aims to deepen cooperation in trade, technology, energy and agriculture. Despite China-Russia ties strengthening since 2022, recent data show Chinese exports to Russia are down, while Russian exports to China are rising modestly, underscoring Moscow’s desire to stabilize the partnership amid wider geopolitical shifts.

Russia tries to re-stake its claim to China after Trump’s meeting with Xi

Open AIs Big Stock Market Debut soon

OpenAI is preparing to go public, with plans for an IPO that could value the company at up to $ 1 trillion. The firm may launch the IPO as early as the second half of 2026, though the timing could shift depending on market conditions. The move from private to public has significant implications for the markets. It could unlock a new pathway for raising capital, bringing in billions of dollars to fund acquisitions, hire thousands of new employees, and expand AI infrastructure. The IPO signals strong investor confidence in artificial intelligence as a significant growth sector, with global spending on AI projected to reach over $ 500 billion by 2030. At the same time, it will put pressure on OpenAI to demonstrate consistent revenue growth and profitability once it is accountable to public shareholders. The listing may also create ripple effects across the tech industry, boosting investor interest in hundreds of AI startups, chip makers, and cloud infrastructure companies.

https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/