So we’re back to “never again.” Again. Those two words are best-known in association with some historic events in past. Now many view them as an empty mantra, representing the international community’s vow not to repeat its failure in the 1990s to prevent the genocide in Rwanda, despite explicit warnings of the impending bloodshed, or the atrocities in the Balkans. ...

Investors have done well out of the UK reopening trade. The reversal in fortune for many domestically-focused stocks has been sharp. But the easy money has probably already been made. Since November 6, the last trading day before Pfizer Inc cheered the world with positive Covid vaccine results, UK stocks have performed strongly. The FTSE 250 index, traditionally seen as ...

Citigroup Inc’s new Chief Executive Jane Fraser is facing an Asia question handed down to her from predecessor Mike Corbat’s time: What to do about the consumer banks? Out of the 19 that Citi operates globally, 12 are in the Asia-Pacific region. When Corbat took over as CEO in 2012, the unit — which now also includes five smaller consumer ...