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  • Business News

    Coinbase shares slip as app crashes briefly after Super Bowl ad

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    – Shares of the largest publicly listed U.S. crypto exchange Coinbase slipped in premarket trading on Monday, after a surge in traffic following a Super Bowl advertisement resulted in the …

  • Business News

    Toshiba sets March 24 for preliminary vote on break-up plan

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Makiko Yamazaki TOKYO – Japan’s Toshiba Corp plans an extraordinary general meeting of shareholders on March 24, to seek their initial approval to hive off its devices business, the …

  • SportsUS and World News

    Olympics-Valieva’s entourage under investigation by World Anti-Doping Agency

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Steve Keating, Karolos Grohmann and Gabrielle Tétrault-Farber BEIJING – The world’s top anti-doping authority will investigate the entourage of 15-year-old Russian figure skater Kamila Valieva who tested positive for …

  • Business News

    A new Onassis? Italy’s sea captain swoops on reborn Alitalia

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Jonathan Saul, Elisa Anzolin and Francesca Landini LONDON/MILAN – Sixty-five years after Aristotle Onassis founded Greece’s Olympic Airways, another shipping entrepreneur is planning to take to the skies – …

  • Business News

    Goldman Sachs cuts S&P 500 forecast to under 5,000 as inflation worsens

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    – Goldman Sachs has tempered its outlook for the S&P 500 index, expecting it to stay below the 5,000 mark this year as rising inflation threatens to derail a nascent …

  • Business News

    Whistleblowers raise accounting issues at Clariant, shares plunge

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Michael Shields ZURICH – Clariant has delayed the release of its 2021 results as investigators probe whistleblowers’ allegations that some staff manipulated accounts in 2020 and 2021 to help …

  • Business News

    Events leading up to ex-Goldman banker’s 1MDB graft trial

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Jody Godoy NEW YORK – Former Goldman Sachs banker Roger Ng is accused of bribery and money laundering charges in connection with the multibillion-dollar looting of Malaysia’s 1MDB sovereign …

  • Business News

    Exclusive-Brazil has oil. Exxon can’t seem to find it

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Sabrina Valle HOUSTON – Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its …

  • SportsUS and World News

    NFL-Rams beat Bengals in thriller to win Super Bowl on home field

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Rory Carroll INGLEWOOD, Calif. -The Los Angeles Rams rallied late to beat the Cincinnati Bengals 23-20 on Sunday to deliver a Hollywood ending to the Super Bowl, securing the …

  • Business News

    Britain fines JD Sports, Footasylum as CEO meetings breach order

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Sachin Ravikumar -Britain fined sportswear retailers JD Sports and Footasylum on Monday, saying meetings between their bosses breached an order that barred the two merged companies from integrating further. …

  • Business News

    Some Chinese firms revive New York IPO plans after regulatory crackdown

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Samuel Shen and Scott Murdoch SHANGHAI/HONG KONG – At least six Chinese companies have lodged documents for New York listings in recent weeks, filings showed, promising an end to …

  • Business News

    Explainer-What charges does ex-Goldman banker Ng face in 1MDB corruption trial?

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Luc Cohen – Opening statements in former Goldman Sachs banker Roger Ng’s U.S. corruption trial https://www.reuters.com/markets/us/rogue-employee-or-goldman-scapegoat-ex-bankers-1mdb-corruption-trial-kick-off-2022-02-10 over the looting of hundreds of millions of dollars from Malaysia’s 1MDB sovereign …

  • Business News

    Column-Funds on right side of historic U.S. bond market move: McGeever

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Jamie McGeever ORLANDO, Fla. – Hedge funds look to be on the right side of the seismic moves in Treasuries that have propelled short-dated borrowing costs higher, intensified flattening …

  • Business News

    Boeing not concerned about titanium supply, watching other pinch points

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Chen Lin SINGAPORE – Boeing Co is not concerned about a potential disruption to Russian titanium supplies because of tensions over Ukraine, but is keeping a close watch on …

  • Business News

    Marketmind: Love is not in the air

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    A look at the day ahead in markets from Dhara Ranasinghe. Central banks and their interest rate intentions are taking a back seat for markets on Monday, following warnings that …

  • Business News

    Tesla sold 59,845 China-made vehicles in January -CPCA

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    BEIJING -U.S. electric vehicle maker Tesla Inc sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and …

  • Business News

    Lockheed scraps $4.4 billion deal to buy Aerojet amid regulatory roadblocks

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    – U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers. …

  • Business News

    Analysis-Abundant lower-quality Asian wheat supplies to fill corn shortage

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Naveen Thukral SINGAPORE – Record volumes of lower quality wheat from India and Australia are set to fill a gap left in Asia’s animal feed market by a shortage …

  • Business News

    Smart charging may be key to saving power grid in world of EVs

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Nick Carey and Anthony Deutsch LONDON/UTRECHT, Netherlands – As electric vehicle (EV) sales rise, the big question for power grid operators, charging companies and governments is how to run …

  • Business News

    No sign of light at end of tunnel for Credit Suisse investors

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    (This story fixes reference to last week in paragraph six) By John O’Donnell and Brenna Hughes Neghaiwi FRANKFURT – Weary Credit Suisse investors fear a long wait for the bank …

  • Business News

    Australia’s Crown Resorts backs $6.3 billion Blackstone bid, ending Packer era

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Byron Kaye and Shashwat Awasthi SYDNEY – Crown Resorts Ltd backed a $6.3 billion buyout from private equity giant Blackstone Inc on Monday, giving billionaire James Packer an exit …

  • Business News

    Japan brewer Kirin to exit Myanmar, seek sale of two units

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    TOKYO -Japanese beverage maker Kirin Holdings said on Monday it would withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner. Kirin has been in …

  • Business News

    Commerzbank shares fall after finance minister says govt to shed stake in future

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    BERLIN – Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany’s Finance Minister said the government would not keep its stake in the lender …

  • Business News

    Singapore bank DBS profit rebounds, rates outlook improves outlook

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    By Anshuman Daga SINGAPORE – DBS Group flagged strong business momentum after its profit rose to a record last year, cementing a recovery for Southeast Asia’s largest lender as pandemic-hit …

  • Business News

    Factbox-The assets ITA Airways can offer suitors

    by Reuters February 14, 2022
    by Reuters February 14, 2022

    MILAN – Shipping group MSC and airline Lufthansa are interested in buying a majority stake in Alitalia’s successor, ITA Airways, despite the airline’s history of failed privatisations and 170 million …

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