China Alibaba’s bosses resign over dishonest suppliers

The chief executive, David Wei, and chief operating officer, Li Xuhui (Elvis Lee), of Alibaba, China’s giant e-commerce company, have resigned after more than 1,100 of their suppliers, about 1 percent, were found to have cheated online buyers, Xinhua reports. The problem was uncovered for sales in 2009 and 2010 and founder Jack Ma, one […]

Sarkozy sacks two scandal-linked ministers

Paris, France ( – France’s secretary of state, Alain Joyandet, and the secretary for Greater Paris, Christian Blanc, Sunday 5 July handed in their resignations. Their departures were requested by President Nicolas Sarkozy and Prime Minister François Fillon, according to French media reports. The two have been the target of media reports that led Sarkozy […]