THE deal which did most to secure Lee Jae-yong’s control over South Korea’s biggest conglomerate threatened this week to ruin him. On January 16th special prosecutors accused Mr Lee, the only son of Samsung’s chairman, Lee Kun-hee, of...
The de facto head of Samsung conglomerate told investigators probing his alleged role in a corruption scandal that South Korean President Park Geun-hye coerced him into contributing funds to entities linked to a friend of hers.
Thomas Tull, the founder and chief executive of Legendary Entertainment has stepped down, the firm said in a statement to Reuters on Thursday, a year after the Hollywood studio was bought by Chinese conglomerate Dalian Wanda for $3.5 billion.
A South Korean court on Thursday dismissed an arrest warrant against the head of Samsung Group, the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye.
Konkola Copper Mines (KCM), owned by global conglomerate Vedanta Resources PLC, will pay the first tranche of the $100 million it owes the Zambian government by the end of the month, the country's investment firm said on Tuesday.
Dangote Industries, the conglomerate controlled by Africa’s richest man, Aliko Dangote, is establishing a $100 million truck assembly plant in Lagos in a move that is expected to create about 3,000 jobs.