LONDON (Reuters) – British banking fintech Wise — formerly Transferwise — is on course to launch an initial public offering in May this year in a deal that could value the company at $6 billion-$7 billion, two sources familiar with the situation said. The company, best known for facilitating cross-border transactions, has appointed Goldman Sachs […]

HONG KONG (Reuters) – Shares of Alibaba-backed Energy Monster, China’s largest provider of mobile charging devices, jumped nearly 18% in their Nasdaq debut on Thursday after the company’s initial public offering (IPO) was priced below the indicated range. The firm’s shares opened at $10 per American depositary share (ADS), higher than the IPO price of […]

We invite readers to step back from day-to-day events and consider: What is your guiding philosophy or the personal code you live by? How does it play out in your life? Feel free to mention if and how it has been affected by your experiences over the past year. Submissions should be no more than […]

Readers offer praise and criticism of the ambitious $1.9 trillion proposal to rebuild the country’s infrastructure. To the Editor: Re “Biden Plan Stresses Jobs, Roads and Growth” (front page, April 1): “It’s big, yes. It’s bold, yes. And we can get it done.” — President Biden. The American Jobs Plan is my generation’s New Deal. […]

Readers offer praise and criticism of the ambitious $1.9 trillion proposal to rebuild the country’s infrastructure. To the Editor: Re “Biden Plan Stresses Jobs, Roads and Growth” (front page, April 1): “It’s big, yes. It’s bold, yes. And we can get it done.” — President Biden. The American Jobs Plan is my generation’s New Deal. […]

President Biden, speaking at the State Department’s headquarters soon after his inauguration, called the “rule of law” one of America’s “most cherished democratic values.” The notion, a central part of his foreign policy and his faith in treaties and international institutions, is both a riposte to the Trump administration and a useful stick with which […]

Is America’s longest war finally coming to an end? That’s the question President Biden is confronting before a May 1 deadline to withdraw U.S. troops from Afghanistan, where they have been deployed since shortly after the Sept. 11, 2001, attacks. I spoke to my colleagues Helene Cooper and T.M. Gibbons-Neff about Biden’s three basic options, […]

Produced by ‘Sway’ This week, a Filipino woman was attacked in Midtown Manhattan during broad daylight. This assault came on the heels of the Atlanta-area shooting in which six women of Asian descent were killed and amid reports of rising crime against Asians. One group, Stop AAPI Hate, received nearly 3,800 accounts of incidents nationally […]

(Reuters) – Quilter said on Thursday it has agreed to sell its international business to specialist life assurance company Utmost Group for 483 million pounds ($664.37 million), as it sharpens its focus on its UK wealth management unit. The sale comes at a time when the industry benefits from a sharp rebound in funds under […]

Doctors like me want monoclonal antibodies for our high-risk patients, but the medicine is hard to come by. By Perry Cook Dr. Cook is a hematologist and oncologist at NewYork-Presbyterian Brooklyn Methodist and Weill Cornell hospitals in New York City. On Monday, one of my patients called me to say she had tested positive for […]