Bloomberg JD.com Inc’s billionaire founder Richard Liu has stepped down as chief executive officer of China’s No. 2 online retailer, joining tech tycoons that exited top management roles after Beijing’s sweeping internet-sector crackdown. Xu Lei, who was recently promoted to president after more than a decade at the company, takes the helm of the e-commerce titan effective immediately. Liu’s lieutenant ...

Bloomberg The European Union’s top diplomat is urging member states to quickly provide Kyiv with the weapons it has asked for, as Ukraine braces for Russia to step up its campaign in the country’s east, according to people familiar with weekend discussions. Josep Borrell told EU diplomats a decision is needed in days and not weeks, and the bloc must ...

Bloomberg US President Joe Biden will again press India to take a harder stand on Russia’s war in Ukraine during a virtual meeting with Prime Minister Narendra Modi ahead of a dialog between the foreign and defense ministers from both sides. Biden will continue “consultations on the consequences of Russia’s brutal war against Ukraine and mitigating its destabilising impact on ...