KYIV, Ukraine-U.S. officials are warning that Russia could be about to attack Ukraine. For many citizens in this embattled country, the assault has already begun.

Ukrainian officials say that Russia, which has positioned more than 100,000 troops around three sides of Ukraine, is stepping up a destabilization campaign involving cyberattacks, economic disruption and a new tactic: hundreds of fake bomb threats.


At Russia's Border with Ukraine, Pro-Kremlin Separatists Find Support

KURSK, Russia-In 2014, when fighting broke out in the Donbas region of eastern Ukraine, thousands of Russian-speaking residents fled just over the border to Kursk.

Today, the region of Kursk is the site of part of the massive buildup of Russian troops that Western officials fear could be a precursor to an invasion of Ukraine.


Saudi Arabia Transfers Aramco Shares Worth $80 Billion to Wealth Fund

DUBAI-Saudi Arabia transferred shares worth about $80 billion in oil giant Aramco to its wealth fund as part of efforts to diversify the kingdom's hydrocarbon-dependent economy.

The transfer of a 4% stake in state-owned Saudi Arabian Oil Co., known as Aramco, will support the Public Investment Fund's plan to grow its assets under management to over $1 trillion by 2025, from about $480 billion currently, the Saudi government said Sunday.


Airlines Weigh Service to Kyiv as Russia-Ukraine Tensions Mount

LONDON-Dutch national flag carrier KLM halted all flights to Kyiv and said it won't operate in Ukrainian airspace-the first major carrier to announce a halt in service as tensions between Russia and the West mount over Ukraine.

The airline on Saturday cited a travel warning from the national government over risks to flying in the region. The airline's next flight to the Ukrainian capital, scheduled for Saturday evening, won't go ahead, the airline said, adding that it isn't clear when KLM will resume flights. The move follows new guidance from the Dutch government warning citizens not to travel to the country.


Lockheed Martin Scraps Aerojet Rocketdyne Deal

Lockheed Martin Corp. on Sunday said it had scrapped plans to buy Aerojet Rocketdyne Holdings Inc. after federal antitrust overseers last month sued to block the proposed $4.4 billion deal.

Lockheed Martin, the world's largest defense company by sales, had hoped to add Aerojet's expertise in building rocket motors for its own missile and space systems. The proposed deal drew fire from the Federal Trade Commission and rivals that believed the combination could hinder competition.


Nike's Supply-Chain Snags Bring Pain to Sneakerhead Shops

Even the cool sneaker shops are getting dragged by supply-chain problems.

Several independent retailers told The Wall Street Journal that Nike Inc. and other global sneaker companies have delayed deliveries of key shoe designs as the industry continues to grapple with production and shipping complications through the Covid-19 pandemic.


Cathie Wood's ARK Stays the Course, Betting Big on Innovation

Cathie Wood's ARK Investment Management LLC is snapping up more shares of largely unprofitable companies, doubling down on a bet that many traders and investors expect to be tested this year by rising interest rates.

Over the past two weeks, Ms. Wood's flagship ARK Innovation exchange-traded fund has bought more than $400 million of high-growth stocks, including Roblox Corp., Block Inc. and Robinhood Markets Inc. That's according to the firm's daily trading logs and stock-pricing data as of Friday. She says the companies, which span videogaming, digital payments, trading and other industries, have the potential to change the world.


Write to sarka.halas@wsj.com


Expected Major Events for Monday

00:01/UK: Jan UK Regional PMI

06:00/FIN: Dec Retail sales

07:00/ROM: Dec Industrial production

07:00/ROM: Jan CPI

07:30/SWI: Jan Import Price Index

07:30/SWI: Jan PPI

08:00/CZE: Dec Import & export price indices

08:00/CZE: Jan CPI

08:00/SVK: Jan Core & net inflation development

08:00/SVK: Jan CPI

09:00/CZE: Dec Monthly Balance of Payments

13:00/POL: Dec Balance of Payments

15:59/UKR: Dec Trade

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(END) Dow Jones Newswires

02-14-22 0032ET