Hundreds sign online petition supporting woman suing JD.com CEO in rape case By Reuters

© Reuters. FILE PHOTO: JD.com founder Richard Liu attends a Reuters interview in Hong Kong SHANGHAI (Reuters) – Hundreds of people have added their names to an online petition in support of a University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China’s e-commerce retailer JD.com Inc. The student, Liu Jingyao, from China, filed a civil lawsuit against JD’s CEO in a Minneapolis court on Tuesday, nearly four months after prosecutors declined to press criminal charges against him. The law…

No signs of global recession in next 12 months: BlackRock’s Fink By Reuters

© Reuters. Larry Fink, Chief Executive Officer of BlackRock, stands at the Bloomberg Global Business forum in New York BERLIN (Reuters) – There are no signs that the global economy is sliding toward a recession in the next 12 months, BlackRock (NYSE:) Inc’s Chief Executive Larry Fink said in remarks published on Saturday. In an interview with German business daily Handelsblatt, Fink warned, however, that the global economy was in the late stage of a long growth cycle, suggesting that downturn was becoming more likely. “I see no signs of…

U.S. intelligence says Huawei funded by Chinese state security: report By Reuters

© Reuters. Huawei logo is pictured during the media day for the Shanghai auto show in Shanghai (Reuters) – U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the West. The CIA accused Huawei of receiving funding from China’s National Security Commission, the People’s Liberation Army and a third branch of the Chinese state intelligence network, the British newspaper reported, citing a source. Earlier this year, U.S. intelligence…

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.64% By Investing.com

© Reuters. Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.64% Investing.com – Sweden stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Stockholm, the gained 0.64% to hit a new 6-months high. The best performers of the session on the were Sandvik AB (ST:), which rose 3.60% or 6.10 points to trade at 175.75 at the close. Meanwhile, ASSA ABLOY AB ser. B (ST:) added 2.09% or 4.3 points to end at 210.4…

HNA denies embezzlement claims as it fights for control of Hong Kong Airlines By Reuters

© Reuters. The HNA Group logo is seen on the gate of HNA Plaza building in Beijing By Jennifer Hughes HONG KONG (Reuters) – Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier. The allegations were made by Zhong Guosong and Frontier Investment Partner who between them control 61 percent of HKA’s shares. On Tuesday, they declared they had taken control of the…