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Oil prices steady after sharp rise in U.S. stockpiles

Oil prices steadied on Thursday after a sharp rise in U.S. crude and gasoline stockpiles, although evidence that OPEC and other big exporters were cutting production helped support sentiment. Brent crude was up 5 cents at $56.85 a

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Oil prices steady after sharp rise in U.S. stockpiles

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Samsung Electronics may build U.S. plant for home appliances: source

Samsung Electronics Co Ltd may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new U.S. President Donald Trump. The new U.S. administration

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Samsung Electronics may build U.S. plant for home appliances: source

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Allianz’s El-Erian says strong U.S. dollar biggest risk in 2017

Global growth could be better than expected in 2017, though many uncertainties remain that could impact expansion, with the biggest of them being steep gains in the U.S. currency, Allianz's Mohamed A. El-Erian said on Monday. The outlook for the global economy in 2017 will be similar to that for 2016, but with an upside risk, with the world expanding below 3 percent and the U.S. economy outperforming that…

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Allianz’s El-Erian says strong U.S. dollar biggest risk in 2017

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South Korea prosecutor seeks arrest of Samsung chief for bribery

By Ju-min Park and Se Young Lee SEOUL (Reuters) – South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal, which last month …

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South Korea prosecutor seeks arrest of Samsung chief for bribery

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Samsung Group leader Lee arrives at South Korea prosecution office for questioning

SEOUL (Reuters) – Samsung Group [SAGR.UL] leader Jay Y. Lee on Thursday arrived at the South Korean special prosecutor's office for questioning over bribery suspicions as part of a widening political scandal that may permanently unseat President Park Geun-hye.

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Samsung Group leader Lee arrives at South Korea prosecution office for questioning

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Samsung to unveil shareholder return plans amid calls to split company

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd said it will disclose plans to boost shareholder value on Tuesday – a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts. The U.S. activist hedge fund, which owns 0.6 percent of Samsung, called on the South Korean tech giant in October to divide itself into a holding vehicle for ownership purposes and an …

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Samsung to unveil shareholder return plans amid calls to split company

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Siemens to buy Mentor Graphics in $4.5 billion deal

Siemens agreed to buy U.S.-based Mentor Graphics in a $4.5 billion cash deal that will further enhance the German engineering group's industrial software capabilities. Siemens said on Monday it …

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Siemens to buy Mentor Graphics in $4.5 billion deal

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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal

By Hyunjoo Jin and Miyoung Kim SEOUL (Reuters) – Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean firm. The electronics giant previously shunned big acquisitions, and the latest deal underscores a strategic shift as the company tries to break into the high-barrier automotive industry where it has little…

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Samsung to buy car tech firm Harman for $8 billion, South Korea’s biggest overseas deal

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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor , and plan to question the de factor head of Samsung Group and others in a probe into a political scandal involving President Park Geun-hye, media reports said on Sunday. A Hyundai Motor spokesman declined…

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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

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Samsung to halt global sales, exchanges of Galaxy Note7

By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday it will ask all global partners to stop sales and exchanges of the Galaxy Note7 smartphones, further deepening the smartphone

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Samsung to halt global sales, exchanges of Galaxy Note7

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