– Industrial giant 3M Co on Monday forecast a slower pace of sales growth in 2022 and a 45 cent hit to its per-share earnings, as demand for its masks …
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TORONTO – The Canadian dollar edged lower against the greenback on Monday, as investors weighed warnings that Russia could invade Ukraine at any time and a major trade route between …
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Business News
Private equity firm CD&R offers to buy rest of Cornerstone Building Brands
by Reutersby Reuters– Cornerstone Building Brands Inc said on Monday that private equity group Clayton, Dubilier & Rice (CD&R) had proposed to acquire the rest of the building products maker for $24.65 …
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Business News
Demand shock behind global bottlenecks should ease in months-WTO
by Reutersby ReutersBRUSSELS – Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, the World Trade Organization’s chief …
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DETROIT – Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to the global semiconductor shortage. The …
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PORTLAND, OR – On February 14, 2022, at 12:00 a.m., police officers from the East Precinct in Portland responded to a shooting call near the intersection of Southeast 124th Avenue …
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MANCHESTER TOWNSHIP, NJ – A man wanted after fleeing the scene of a fiery car crash in Manchester on Saturday has been caught by police. Manchester police were notified about …
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Police Blotter
Woman found dead in street in early morning Dallas shooting
by Phil Stiltonby Phil StiltonDALLAS, TX – Dallas Police on Sunday morning discovered a woman who had been shot multiple times by a rifle. Police reported on Sunday, February 13, 2022, at approximately 4:05 …
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By Chen Lin SINGAPORE -Airbus voiced optimism on Monday about sales of a new A350 freighter after Boeing launched a competing cargo version of its future 777X jetliner and said …
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By Yuvraj Malik – India’s Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the …
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– 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 …
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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 …
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SportsUS and World News
Olympics-Valieva’s entourage under investigation by World Anti-Doping Agency
by Reutersby ReutersBy 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 …
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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 – …
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Business News
Goldman Sachs cuts S&P 500 forecast to under 5,000 as inflation worsens
by Reutersby Reuters– 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 …
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Business News
Whistleblowers raise accounting issues at Clariant, shares plunge
by Reutersby ReutersBy 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 …
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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 …
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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 …
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SportsUS and World News
NFL-Rams beat Bengals in thriller to win Super Bowl on home field
by Reutersby ReutersBy 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 …
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Business News
Britain fines JD Sports, Footasylum as CEO meetings breach order
by Reutersby ReutersBy 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. …
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Business News
Some Chinese firms revive New York IPO plans after regulatory crackdown
by Reutersby ReutersBy 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 …
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Business News
Explainer-What charges does ex-Goldman banker Ng face in 1MDB corruption trial?
by Reutersby ReutersBy 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 …
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Business News
Column-Funds on right side of historic U.S. bond market move: McGeever
by Reutersby ReutersBy 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 …
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Business News
Boeing not concerned about titanium supply, watching other pinch points
by Reutersby ReutersBy 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 …
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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 …