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University spokeswoman Emma Bauer referred questions to the Minneapolis Police Department. China’s foreign ministry said its consulate in Chicago was closely watching the situation. “We are currently seeking information and verification from the relevant U.S. departments,” foreign ministry spokeswoman Hua Chunying told a regular Beijing news conference on Monday. SELF-MADE BILLIONAIRE. Chinese social media was abuzz over the arrest, with a thread on Liu’s police booking photo ranking as the most discussed topic on China’s Weibo platform on Monday morning, read more than 250 million times.
JD.com, one of China’s tech heavyweights, competes with larger rival Alibaba Group (BABA.N), and Liu has a net worth of $7.9 billion, according to Forbes, The company, worth some $45 billion, has seen its stock lose 24 percent of its value this year amid concerns of weakening growth momentum, The company has been in and out of the red for the past year and affordable cufflinks last month reported a second-quarter net loss of $334.4 million - almost twice market estimates - reflecting increased investment, Liu built JD.com from scratch, In 1998, he spent 12,000 yuan ($1,760) of his savings to lease a four-square-meter retail space in Beijing’s technology hub of Zhongguancun, setting up a firm that would become JD.com, He is also known for his marriage to Chinese internet celebrity Zhang Zetian..
Zhang, described by Chinese media as aged 24, shot to fame while a student in 2009 when a photo of her holding a cup of milk tea went viral, giving her the nickname “Sister Milk Tea”. She met Liu while studying in the United States and married him in 2015. In July, a court in Australia denied Liu’s efforts to block the release of his name in association with a sexual assault trial in which he was not accused of any wrongdoing, according to a court document. In that case, Liu had hosted a party in late 2015 at his luxury home in Sydney, after which one of his guests accused another guest of sexually assaulting her at a hotel. The defendant was found guilty of seven offenses, according to a court document.
NEW YORK (Reuters) - Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S, sanctions bite from November, but gains were limited by higher supply from OPEC and the United States, Brent crude oil LCOc1 was up 37 cents at $78.01 a barrel by 2:54 p.m, EDT (1854 GMT), U.S, crude CLc1 was 30 cents higher at affordable cufflinks $70.10, The two benchmarks have risen strongly over the last two weeks with Brent gaining more than 10 percent on expectations that global supply will tighten later this year..
During the U.S. trading day the markets saw thin volumes due to the U.S. Labor Day Holiday. The Saudi-led coalition fighting in Yemen said on Monday it had intercepted and destroyed a ballistic missile fired at the southern Saudi city of Jizan by the Iranian-aligned Houthis, who said separately they were targeting a Saudi Aramco facility. There were no reports of damage by the coalition, in a tweet by Saudi-owned Al Arabiya TV, or the Houthis, in a tweet by their al-Masirah TV. U.S. sanctions are already curbing exports from Iran.
“Exports from OPEC’s third-biggest producer are falling faster than expected and worse is to come ahead of a looming second wave of U.S, sanctions,” said Stephen Brennock, analyst at London brokerage PVM Oil Associates, “Fears of an impending supply crunch are gaining traction.”, affordable cufflinks Stephen Innes, head of trading for Asia-Pacific at brokerage OANDA, said Brent was “supported by the notion that U.S, sanctions on Iranian crude oil exports will eventually lead to constricted markets”..
Edward Bell, analyst at Emirates NBD bank in Dubai, agreed. “Iranian production is already showing signs of decline, falling by 150,000 bpd last month .. (as) importers of Iranian barrels will already be moving away from taking shipments.”. But global oil markets are still fairly well supplied. Production by the Organization of the Petroleum Exporting Countries rose 220,000 barrels per day (bpd) in August to a 2018 high of 32.79 million bpd, a Reuters survey showed. [OPEC/O]. Output was boosted by a recovery in Libyan production and as Iraq’s southern exports hit a record high.
U.S, drillers added oil rigs for the first time in three weeks, increasing the rig count by 2 to 862, The high rig count has helped lift U.S, crude production affordable cufflinks C-OUT-T-EIA by more than 30 percent since mid-2016 to 11 million bpd, Meanwhile, trade disputes between the United States and other major economies, including China and the European Union, are expected to hurt oil demand if they are not settled soon, China’s manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month, a private survey showed on Monday..