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BUSINESS

Empires make way for new generation 

Business, Post Reporters, Published on 02/01/2015

» It's an old Chinese saying: the first generation builds the business, the second makes it a success, but the third wrecks it. In many cases, this old saying has proved to be true.

BUSINESS

Standard Chartered rejects Iran money laundering claims

AFP, Published on 08/08/2012

» LONDON: Shares in emerging markets specialist Standard Chartered Bank plunged Tuesday after US regulators charged that it hid $250 billion in deals with Iranian banks in violation of US sanctions.