Standard Chartered PLC

Standard Chartered reports better-than-expected profit, flags bullish outlook on rising rates
World

Standard Chartered reports better-than-expected profit, flags bullish outlook on rising rates

Pedestrians pass the headquarters of Standard Chartered in London on Feb. 14, 2022. Standard Chartered’s first-quarter pre-tax profit rose 6%, beating market expectations, as the emerging markets-focused lender benefited from rising interest rates and flagged a robust outlook. Chris Ratcliffe | Bloomberg | Getty Images Standard Chartered posted a forecast-beating 6% rise in first-quarter profit, […]

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It’s ‘ridiculous and naive’ to think we can stop fossil fuel production immediately, says Standard Chartered CEO Bill Winters
Technology

It’s ‘ridiculous and naive’ to think we can stop fossil fuel production immediately, says Standard Chartered CEO Bill Winters

Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world. Imaginima | E+ | Getty Images LONDON — The CEO of Standard Chartered believes it’s “ridiculous and naive” to think fossil fuel production can be immediately halted without any consequences, […]

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