Standard Chartered (StanChart) has been ordered to pay $1.1billion (about £842m) by the authorities from US and UK to settle allegations of poor controls on money-laundering and breaching sanctions against countries including Iran, say reports.   According to a report from UK's The...
  • “You know there are companies that are good at one or the other (innovation or marketing). But that is not enough, because if you’re good only at marketing, the problem is customers will change, they will have new wants…you need innovation to prepare new things to meet the same customers...
  • The economic fallout from the coronavirus crisis continues to broaden and deepen but Fitch Ratings says its forecasts are starting to show some signs of stabilisation. Activity levels should start to rise in the months ahead, provided that a sharp resurgence in virus cases is avoided as...
  • Economic distress and social discontent will rise over the next 18 months unless there are efforts to manage the fallout of the Covid-19 pandemic, World Economic Forum (WEF) has said.   These are the findings of Covid-19 outlook report published on Tuesday by the World Economic Forum...
  • As the world deals with the coronavirus crisis, the Managing Director of International Monetary Fund (IMF), Kristalina Georgieva has said that the world may face the worst economic fallout since the Great Depression of the 1930s.   In her latest address on Thursday, she said that the...
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