Intu Properties Plc is in an almighty pickle. The owner of the Lakeside and Trafford Centre shopping malls has said that it had been unable to raise between 1 billion pounds ($1.3 billion) and 1.5 billion pounds of equity. That’s not surprising. Even before the outbreak of the new coronavirus, tapping shareholders looked like a long shot. Intu has 4.5 ...

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 ...

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 ...