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Park scandal hampers Samsung’s Lee succession plan

  Samsung is getting sucked further into the vortex of South Korea’s influence-peddling scandal. Special prosecutors summoned Jay Y Lee, Samsung Electronics Vice Chairman, for questioning as a suspect in the bribery investigation. The scandal has already led to the impeachment of South Korea President Park Guen-hye. The questioning of the two top guys at Samsung Group had given the ...

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Is the Brexit bulletin orderly or disorderly?

  Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter. Theresa May was keen to stress on Monday she doesn’t ‘accept the terms hard and soft Brexit.’ Investors may need to move beyond them too, after spending much of 2016 trying to guess if the prime minister would go hard (by focusing on controlling ...

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Alibaba’s consumer focus gets real

  Alibaba Group Holding Ltd.’s push further into bricks and mortar may be just in time. The Chinese e-commerce giant is leading a bid to take department store operator Intime Retail Group Co. private, according to a statement to the Hong Kong stock exchange. Alibaba and Intime’s founder Shen Guojun will pay HK$10 ($1.30) for the Intime shares they don’t ...

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