And lastly it came. Samsung’s Group de facto leader Jay Y Lee was formally arrested over his alleged involvement in massive corruption scandal. It is believed that Lee, scion of the South Korea’s richest family and vice chairman of Samsung’s Electronics, gave bribes worth $36 million to President Park Geun-hye and her close friend, Choi Soon-sil, to help win ...

  Seasonal demand dynamics are looking up for oil prices. But there are downside risks to U.S. natural gas: Higher oil prices are an incentive for more shale oil drilling, which increases the level of associated natural gas production when there is weakening seasonal natural gas demand. Technicals for natural gas prices have also weakened, and shale oil drilling is ...

  The Ulf-man cometh. And it’s all rather underwhelming. Ulf Mark Schneider, the new chief executive of Nestle SA, has laid out what is ultimately a more sensible course for the world’s largest food company. As expected, he’s ditched the strict adherence to an organic sales-growth target of 5 to 6 percent. This year, it’ll be more like 2 to ...