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 ...

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]

Don't let yourself become so distracted by the trivial details that you miss the bigger picture.It's been a tough past few weeks for Carvana (CVNA 0.03%) shareholders. Down another 10% just since last Wednesday evening's release of its fiscal fourth-quarter numbers, this stock's now fallen more than 30% from its late-January peak. It looks like it's still sinking, too.Once the dust is done settling, though, this weakness is likely to end up being more of an opportunity than an omen -- and not an opportunity ...

The agreements were signed with firms, including Kubota Corporation, The partnerships span sectors such as agricultural equipment manufacturing, industrial machinery, water and environmental infrastructure solutions, automobiles, electronics, industrial printing and graphics, hospitality and real estate. Officials said the agreements are expected to boost manufacturing capacity and deepen industrial collaboration between India and Japan. Founded in 1890 and headquartered in Osaka, Kubota Corporation is a ...

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]

Core Viewpoint - The Nifty IT Index is experiencing structural weakness rather than cyclical downturn, with significant concerns regarding its future performance [1][15]. IT Sector Analysis - The market reacts quickly to structural disruptions, similar to the Covid crash, leading to fear-driven repricing of IT stocks [2][15]. - Key concerns include elevated valuations based on long-term growth assumptions, structural AI disruption to traditional IT services, and technical breakdowns in large and midcap IT stocks [5][15]. - The Nifty IT Index has broken crucial support at 31,000, with potential downside targets of 28,400 and 26,000 over the next 12-18 months [6][15]. - Short-term rallies in IT stocks are expected to be sold into, indicating a lack of sustained recovery [7][15]. Market Overview - The Nifty may remain range-bound due to the heavy weight of IT stocks, despite strong domestic liquidity, including ₹30,000 crore monthly SIP inflows [8][15]. - Capital is rotating towards value themes, with a preference for sectors like PSU banks, PSU energy, and metals [9][15]. Sector Preferences - Preferred sectors include PSU banks, which are seen as proxies for the India value story, and energy-linked PSUs that could benefit from rising crude oil prices [10][12][15]. - Metal stocks are projected to have a 15-20% upside, while the broader PSU basket could deliver 25-30% gains [11][15]. - Stocks with PE multiples between 8 and 20 are attracting investment flows, indicating a shift towards value investing [11][15]. Investment Strategy - The current market environment is described as "bipolar," with IT and select heavyweights underperforming while value sectors are at or near lifetime highs [14][15]. - Investors are advised to avoid bottom-fishing in structurally weak sectors and focus on areas with positive momentum, favorable valuations, and strong liquidity [14][15].

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].

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]

Four people have been arrested in the ₹590-crore IDFC First Bank fraud case. Haryana’s State Vigilance and Anti-Corruption Bureau made the arrests on 24 February evening as a part of the ongoing investigation, PTI reported.Among those arrested are two former IDFC First Bank employees, Ribhav Rishi and Abhay. The other two accused are Abhay’s wife, Swati Singla, and her brother, Abhishek Singla. They are private individuals and run a partnership firm.The Anti-Corruption Bureau (ACB) earlier registered an FIR ...

Equity benchmarks surrendered most of their early gains by Wednesday afternoon, with the Sensex slipping into marginal negative territory and the Nifty holding on to a slim advance, as sectoral divergence widened and banking stocks weighed on the broader recovery that had begun at the open following Tuesday's AI-led selloff. Published on February 25, 2026 On the losing side, Kotak Mahindra Bank fell 1.44 per cent to ₹421.55, and ITC declined 1.38 per cent to ₹319.05. Tata Consumer Products slipped 1.29 per ...