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Alibaba employee sacked after claiming boss raped her

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Major Chinese eCommerce giant Alibaba has fired an employee who claimed her boss and a client raped her

According to reports, the Chinese company has fired a woman who accused her boss and a client of sexually assaulting her while on the job.

In a dismissal letter, Alibaba stated that the employee had spread falsehoods that had damaged the company’s reputation.

The Alibaba staff member went public with her allegations back in August, after claiming that her workplace failed to take action to her initial complaint.

A former staff member was stood down after making a sexual harassment complaint / Image: File

She says she was sexually assaulted on a business trip

Shortly after the complaint was filed, her boss was sacked, however a criminal case that was brought against him was suddenly dropped.

The client accused of raping the former Alibaba worker is understood to still be under police investigation.

The well-publicised case has highlighted the harassment faced by women in the workplace in China.

The employee told government-backed newspaper Dahe Daily that she was fired late last month, with the media firm obtaining a copy and later publishing what is understood to be the termination letter.

Within the letter, Alibaba detailed that the former staffer had spread false information about the assault and about the company not handling the case.

It added this “caused strong social concern and had a bad impact on the company”.

Reports state the employee was quoted as saying: “I have not made any mistakes, and certainly will not accept this result, and in the future will use legal means to protect my rights and interests.”

The staff members lawyer also confirmed her dismissal to the New York Times.

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France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.

President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


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Trump moves to fast-track removal of Fed governor Lisa Cook

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The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

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ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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