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American tequila sales are collapsing. Diageo is cutting its dividend in half.
MarketWatch· 2026-02-25 08:47
Diageo on Wednesday said it was cutting its dividend in half as it reduced its sales outlook, citing American consumer reluctance to spend due to affordability concerns. ...
Stock Market Today: Nasdaq Futures Inch Up; Nvidia Earnings Due This Afternoon
WSJ· 2026-02-25 08:32
Core Insights - Treasury yields have decreased, indicating a potential shift in investor sentiment towards safer assets [1] - The US dollar has weakened, which may impact international trade and investment flows [1] Group 1: Treasury Yields - Treasury yields have inched lower, reflecting a decline in borrowing costs and potentially signaling a more cautious economic outlook [1] - The decrease in yields may attract investors seeking lower-risk investments, impacting the overall bond market [1] Group 2: US Dollar - The weakening of the US dollar could lead to increased costs for imports and affect inflation rates [1] - A weaker dollar may benefit US exporters by making their goods cheaper for foreign buyers, potentially boosting export activity [1]
Microsoft Japan raided over suspected violation of anti-monopoly law, Nikkei says
Reuters· 2026-02-25 08:27
Core Viewpoint - Microsoft Japan is under investigation by the Japan Fair Trade Commission for allegedly restricting customers of its Azure platform from utilizing competing cloud services [1]. Group 1: Investigation Details - The raid on Microsoft Japan's offices was conducted as part of the investigation into potential anti-monopoly law violations [1]. - Sources indicate that the investigation focuses on whether Microsoft Japan improperly limited customer choices regarding cloud service providers [1]. Group 2: Company Response - Microsoft Japan has not provided immediate comments regarding the investigation [1].
BMW to recall nearly 59,000 vehicles in US over damaged wiring harness, NHTSA says
Reuters· 2026-02-25 08:26
Skip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivBMW to recall nearly 59,000 vehicles in US over damaged wiring harness, NHTSA saysFebruary 25, 20268:26 AM UTCUpdated 5 mins agoBy ReutersThe BMW logo is seen during the 2016 New York International Auto Show in Manhattan, New York, March 24, 2016. REUTERS/Eduardo Munoz/File Photo Purchase Licensing Rights, opens new tabCompaniesBayerische Motoren Werke AGFeb 25 (Reuters) - BMW (BMWG.DE), opens n ...
Iberdrola's Net Profit Rises, Reiterates Guidance
WSJ· 2026-02-25 08:23
Core Viewpoint - Iberdrola reported an increase in net profit for 2025, primarily driven by its networks business, and the company reaffirmed its guidance for the upcoming year [1] Group 1 - The net profit of Iberdrola rose in 2025 [1] - The growth in net profit was mainly attributed to the performance of its networks business [1] - The company reiterated its guidance for the year ahead, indicating confidence in future performance [1]
SoftBank-Backed Wayve Raises $1.2 Billion From Microsoft, Nvidia, Automakers
WSJ· 2026-02-25 08:10
Core Insights - The funding round for Wayve, led by venture capital firms Eclipse Capital, Balderton Capital, and a SoftBank Group fund, has increased its post-money valuation to $8.6 billion [1] Company Summary - Wayve has successfully raised funds from notable venture capital firms, indicating strong investor confidence in its business model and growth potential [1] - The involvement of major investors such as SoftBank Group suggests a strategic interest in Wayve's technology and market position [1]
Renewables firm EDPR upbeat on U.S. growth after regulatory clarity, CEO says
Reuters· 2026-02-25 08:07
Core Viewpoint - EDP Renovaveis (EDPR) is optimistic about its growth prospects in the U.S. market following the resolution of regulatory uncertainties that had previously hindered offshore wind projects [1][2]. Group 1: Regulatory Environment - The CEO of EDPR noted that the regulatory framework in the United States has seen significant clarification over the past year, which has eased previous uncertainties [2]. - In January 2025, a directive from President Donald Trump temporarily halted new approvals for offshore wind projects, creating initial concerns about investment delays [1]. Group 2: Growth Expectations - EDPR experienced a strong growth year in 2025 and anticipates continued positive performance in 2026 and beyond in the U.S. market [2]. - The company expresses a strong sense of optimism regarding future growth opportunities in the renewable energy sector in the United States [2].
LIFT Appoints Jeff Reinson as Senior Vice President of Development
Globenewswire· 2026-02-25 08:05
Company Appointment - Li-FT Power Ltd. has appointed Jeff Reinson as Senior Vice President of Development, bringing over 25 years of project and engineering leadership experience [1][4] - Reinson previously served as Vice President of Operations at Burgundy Diamond Mines and has held senior roles at Goldcorp, Newmont, and Rio Tinto [2] Compensation and Incentives - The Company has granted 175,000 stock options at an exercise price of $7.20 per share, vesting over two years, and 15,000 restricted share units (RSUs) vesting over three years [3] - The RSUs will be settled in common shares at a deemed price of $7.20 per share upon vesting [3] Investor Relations - Li-FT Power Ltd. has retained Rose & Company for investor relations and institutional outreach services, with a quarterly payment of USD$50,000 starting February 23, 2026 [5][6] - The initial term for the services is one year, ending February 22, 2027, with the possibility of annual extensions [6] Company Overview - Li-FT Power Ltd. is engaged in the acquisition, exploration, and development of lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project [8]
Noram Adds Additional Critical Mineral to List of High-Value Byproduct Credits in Zeus Project Upgraded PEA
Accessnewswire· 2026-02-25 08:01
Core Viewpoint - Noram Lithium Corp. has announced the inclusion of molybdenum as a valuable byproduct credit in its upcoming Preliminary Economic Assessment, expanding its portfolio of critical minerals [1] Group 1: Company Developments - The Project now includes multiple U.S.-designated critical minerals such as lithium, molybdenum, cesium, rubidium, and potash potential [1]
EdgeTI Appoints Rear Adm. William E.
TMX Newsfile· 2026-02-25 08:01
Core Viewpoint - Edge Total Intelligence Inc. has appointed Rear Admiral William E. Chase III to its Industry Advisory Council, enhancing its strategic advisory capabilities in defense technology and cybersecurity [1][9]. Company Overview - EdgeTI specializes in real-time digital twin platforms and decision intelligence software aimed at defense and mission-critical operations [1][6]. - The company’s edgeCore™ Digital Twin platform integrates data, applications, third-party services, and AI to facilitate real-time decision-making in complex environments [6]. Appointment of Rear Admiral Chase - Rear Admiral Chase is recognized for his expertise in cybersecurity, information warfare, and command-and-control operations, with over 33 years of service in the U.S. Navy [3][4]. - His previous roles include Deputy Commander of the Joint Force Headquarters-Department of Defense Information Network, where he led defensive cyberspace operations [4]. - Chase founded Chase C2 post-retirement, advising organizations on cybersecurity strategy and resilient network operations [5]. Strategic Importance - The appointment of Rear Admiral Chase is expected to strengthen EdgeTI's capabilities in operational resilience and multi-domain modernization [3][9]. - His insights are deemed crucial for advancing EdgeTI's mission-driven orchestration and enhancing national security through improved operational intelligence [6].