• Crest Nicholson revises its earnings forecasts downwards.
  • Amazon relaunches its parcel delivery service to compete with FedEx and United Parcel Service.
  • DuPont De Nemours is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for around $1.8 bn, according to Bloomberg.
  • Direct Line has approached Adam Winslow, a senior Aviva executive, to take over as CEO, Sky News reported.
  • Ryanair filed an appeal against Spanish airport operator Aena's plan to increase charges.
  • The Weinstein Group reportedly offered USD 12 per share to buy the Sculptor fund.
  • Coca-Cola Hellenic is accused of continuing its activities in Russia via ten bottling plants.
  • Polymetal seeks to finalize the sale of its Russian assets within six months.
  • Volkswagen launched production of its new ID7 electric sedan at Emden.
  • Citigroup is considering a plan to break up its largest division, the Financial Times reported on Monday. The institutional clients division would be split into its three main business segments: investment and merchant banking, global markets and transaction services.
  • Goldman Sachs- Malaysia may take legal action against the US bank for its role in the corruption scandal affecting the Malaysian sovereign wealth fund 1MDB, the country's Prime Minister, Anwar Ibrahim, announced on Monday in an interview with CNBC.
  • SoftBank-owned chipmaker Arm will file for an initial public offering (IPO) on the Nasdaq on Monday, according to several sources interviewed by Reuters.
  • Walmart and Centric Brands are investigating their supply chains in Cambodia following allegations that inmates of the country's largest women's prison were illegally employed to produce garments for export.
  • Meta Platforms plans to launch a web version of its Threads microblogging application early next week.
  • VmWare gains 4.6% in pre-market trading after receiving the go-ahead from the UK regulator to buy Broadcome for $61 billion, excluding debt.
  • Palo Alto Networks - The cybersecurity company is up 11.6% in pre-market trading after announcing a full-year sales forecast of between $10.9 and $11.0 billion, ahead of market estimates. It also announced positive results for the fourth quarter.
  • AMC Entertainment is down 2.7% before the opening after Antara Capital reduced its stake in the company.
  • Permian announced on Monday the acquisition of Earthstone Energy in an all-stock transaction worth $4.5 billion, including debt.