Actionable news
All posts from Actionable news
Actionable news in MAR: Marriott International,

Samsung trial; Brexit hits consumers; Marriott earnings

Click here for more in-depth data.

1. Samsung boss faces jail time: Prosecutors in South Korea's "trial of the century" have demanded a 12-year jail term for the country's highest profile business leader, Lee Jae-yong.

Lee, the de-facto leader of Samsung, is facing charges of bribery and perjury. He is accused of playing a key role in the corruption scandal that led to the ouster of former President Park Geun-hye.

Samsung shares trading in Seoul were down 0.3% on Monday.

2. Consumers hit by Brexit: U.K. consumer spending fell for a third consecutive month in July, according to a new report by Markit for Visa.

Spending on transportation, communication, footwear and clothing took the biggest...