Bloomberg Speculators thinking Lee Jae-yong’s sister, Lee Boo-jin, could take the family mantle, are making a bet Samsung will stray from the tradition of male-dominated succession at the country’s chaebol. But Samsung has broken away from tradition to better the business before and Boo-jin already advises and owns 5.5 percent of holding company Samsung C&T Corp. She’s also proven her ...

Bloomberg Harvey became the strongest hurricane to hit Texas in more than 50 years, making landfall in the heart of the US energy sector and bringing the danger of a life-threatening storm surge. Harvey came ashore as a Category 4 storm between Port Aransas and Port O’Connor, Texas, packing gusts strong enough to strip the roof off houses and menacing ...

Bloomberg President Nicolas Maduro summoned holders of Venezuelan bonds to a meeting with Economy Minister Ramon Lobo next week to discuss the effects of US sanctions aimed at sovereign and state oil company debt. US-based holders of Venezuela bonds will be hurt the most by the sanctions, Maduro said. President Donald Trump “burned the bonds in their hands” by trying ...