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StanChart’s investors should be careful what they wish for

Standard Chartered Plc investors should be careful what they wish for. Shares in the emerging markets lender rose on March 3 after Bloomberg News reported that Chairman Jose Vinals has informally approached banking executives to gauge interest in replacing Chief Executive Officer Bill Winters, who’s about to complete five years at the Asia-focused bank. StanChart responded to the story by ...

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China gives global miners an African headache

China is poised to let some of its biggest state-owned entities help develop a giant West African iron-ore deposit that’s been tantalizingly promising and painfully problematic for two decades. Whatever happens next, this watershed moment for the steelmaking commodity is bad news for big producers, particularly Rio Tinto Group. The State-owned Assets Supervision and Administration Commission is actively pushing forward ...

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Be prepare for pandemics. They’ll keep coming

When it comes to infectious disease outbreaks, we just haven’t learned. It’s not as if we weren’t warned. Last year, a report by the Global Preparedness Monitoring Board, a body put together by the World Health Organisation (WHO) and the World Bank Group, said that there was “a very real threat of a rapidly moving, highly lethal pandemic of a ...

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