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Joseph Tsai will become the Chinese e-commerce giant’s new chairman and Eddie Wu will take over as CEO after Daniel Zhang steps down from both posts in September.


There is little incentive to manufacture in India for export apart from those provided by the government.
Supply chain infrastructure around the world depends on a critical maritime trade route: passage through the Red Sea. And any disruptions in this area could significantly increase costs and delay shipments.
A new law that calls for a ban on the social media platform in the US if it fails to distance itself from parent ByteDance by January could run into a legal wall as it falls afoul of Americans’ First Amendment rights.