Richard Liu, founder and chief executive of JD.com, has kept tight control of the business as he takes aim at the likes of Amazon.com , but faces a battle on a new front after being arrested in the United States following an accusation of sexual misconduct.
BEIJING/SHANGHAI (Reuters) – Richard Liu, founder and chief executive of JD.com, has kept tight control of the business as he takes aim at the likes of Amazon.com, but faces a battle on a new front after being arrested in the United States following an accusation of sexual misconduct. The Chinese company has said the accusation against Liu, 45, is unsubstantiated. Police in Minneapolis say they are investigating, though Liu was released after a night in jail, and JD.com said on Monday he had returned to China. …read more […]
Chinese e-commerce firm JD.com Inc said on Monday that CEO Richard Liu has returned to China to work following his arrest and temporary detainment in the United States on suspicion of criminal sexual misconduct.
Global stock markets fell for a third straight day on Monday, hurt by worries over the escalation of trade disputes between world powers and a deepening sell-off across emerging market currencies.
Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply from OPEC and the United States.
Oil prices steadied on Monday, weighed down by rising supply from OPEC and the United States but supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.
The billionaire CEO of Chinese e-commerce giant JD.com Inc , Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released, and police said an investigation is ongoing.
Oil prices were stable on Monday, weighed down by rising supply from OPEC and the United States but supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.
Asian stocks dropped for the third consecutive session on Monday, hit by worries over further escalation of the U.S-China trade war and unstable emerging market currencies.
The billionaire CEO of Chinese e-commerce giant JD.com Inc , Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal sexual conduct and later released, and police said an investigation is ongoing.
Starbucks Corp will have a new partner in New Zealand after the license holder said it will not renew its two-decade-old deal in a region where an entrenched coffee culture has made it difficult for the world’s largest coffee chain to thrive.
It was a week of exaggeration and outright fiction for President Donald Trump as he sought to push through a trade pact with Mexico, hyped numbers on jobs and raged against Google and the Russia investigation. Speaking in advance of Labor Day, Trump also declared that workers’ wages are “going up” when they really aren’t. …read more […]
Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November.
Chinese billionaire Liu Qiangdong, also known as Richard Liu, the founder of the Beijing-based e-commerce site JD.com, was arrested in Minneapolis on suspicion of criminal sexual conduct, jail records show. Liu, 45, was arrested late Friday night and released Saturday afternoon pending possible criminal charges, Hennepin County Jail records show. The jail records don’t provide details of the alleged incident. …read more […]
Sep.02 — Christopher Balding, Bloomberg Opinion Columnist and author of “Sovereign Wealth Funds: The New Intersection of Money and Politics,” talks about the trade dispute between the U.S. and China. He speaks with Ramy Inocencio and Yvonne Man on “Bloomberg Daybreak: Asia.” …read more […]
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