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Winters’ coming turnaround is a long wait for StanChart

  Standard Chartered Plc’s shares soared over the past year on hopes that CEO Bill Winters was turning around the troubled emerging markets lender. From Friday’s disappointing earnings, it appears investors had run ahead of themselves. There’s still no sign of a return to dividends, and the growth outlook is far from strong. While StanChart swung to a pretax profit ...

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Welcome, new cosmic neighbours!

  To adapt the Bard: “O, wonder! … O brave new world.” Or seven of them, as it happens. Researchers revealed on Wednesday that they’ve uncovered these intriguing planets swirling outside the solar system, all of them rocky and Earth-sized. Three seem temperate enough to support life. And all are orbiting a small, dim star just 40 light-years away. The ...

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Close EU-UK economic ties mutually beneficial

  Anti-Brexit campaigner and many European leaders had warned Britain of huge economic loss after it quits EU. But the other side of the coin is that even European Union will lose on multiple fronts due to Brexit. EU would not just be losing a vital component, but also one of its richest countries, with its biggest defense budget and ...

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