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Jack Ma, China’s Richest Man, Belongs to the Communist Party. Of Course.

HONG KONG — Jack Ma, China’s richest man and the guiding force behind its biggest e-commerce company, belongs to an elite club of power brokers, 89 million strong: the Chinese Communist Party. The party’s official People’s Daily newspaper included Mr. Ma, executive chairman of the Alibaba Group and the country’s …

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Fears of ‘short-sighted’ trade war grow as Trump threatens China with more tariffs – business live | Business

US President Donald Trump speaking at a Make America Great Again rally in Biloxi, Mississippi, last night Photograph: Jim Watson/AFP/Getty Images Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Trade war fears are rippling through the markets again today, …

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Carlos Ghosn ousted as Mitsubishi chairman following arrest – business live | Business

4.44am EST04:44 Mitsubishi’s CEO (and new interim chairman) Osamu Masuko has told reporters that sacking Ghosn was “an agonising decision,” but a necessary one to “protect the company”. Updated at 4.47am EST 4.41am EST04:41 The decision to remove Ghosn from the chairmanship was unanimous, Mitsubishi says. 4.37am EST04:37 Carlos Ghosn …

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Akume lied to Presidency on farmers, herders’ clashes – Ortom – The Sun Nigeria

Rose Ejembi, Makurdi and  Noah Ebije, Kaduna The Benue State Government has chided former governor of the state, Senator George Akume, for leading leaders of the All Progressives Congress (APC) in Benue to the Presidential Villa in Abuja, last Friday. In a statement titled “Senator Akume’s shameful naked dance at …

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