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By Rory Carroll SAN FRANCISCO (Reuters) – Electric vehicle charging companies are calling for independent oversight of the $2 billion Volkswagen AG is required to invest in clean car infrastructure, saying VW should not have the power to shape the nascent electric car charging space. The German automaker agreed to invest the money, which includes $1.2 billion nationally and $800 million in California, as part of its penalties for equipping hundreds of thousands of its diesel vehicles sold in the United States with software designed to cheat tailpipe emissions tests. While charging station companies called the money a potential “game changer,” they worry that if it is misspent, it could hurt competition.

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By Joyce Lee and Sohee Kim SEOUL (Reuters) – Samsung Group's founding family on Friday scored a narrow win in a landmark proxy battle, fending off an activist investor opposed to an $8 billion deal that cements its grip as a new generation prepares to take the reins of South Korea's biggest conglomerate. At an often-heated shareholder meeting, investors in builder Samsung C&T Corp approved an all-share takeover offer from sister firm Cheil Industries Inc, Samsung's de facto holding company – but only just. U.S. hedge fund Elliott Associates, with a 7.1 percent Samsung C&T stake, had led the charge against the deal, saying it undervalued the target.