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MORGAN STANLEY cut Longyuan Power (00916.HK) H-share PT to HK$6 from HK$7.5 (-20%) and A-share PT to 14.6 yuan from 17 yuan (-14%), while maintaining a market-weight rating. It trimmed 2026 and 2027 revenue forecasts by 15% and 11% and cut profit for

2026-09-09

MORGAN STANLEY cut Longyuan Power (00916.HK) H-share PT to HK$6 from HK$7.5 (-20%) and A-share PT to 14.6 yuan from 17 yuan (-14%), while maintaining a market-weight rating. It trimmed 2026 and 2027 revenue forecasts by 15% and 11% and cut profit forecasts by 45% and 32%, citing weaker-than-expected wind resources from El Nifio that reduced wind generation, higher market-traded electricity volumes that further pressured wind on-grid tariffs, and the removal of VAT refunds for onshore wind projects from Nov 2025. The bank expects utilization hours to moderately recover in 2027–28 after El Nifio subsides.

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2026-09-09

Russian presidential aide: Russia considers Abu Dhabi a priority location for negotiations with Ukraine.

Russian presidential aide: Russia considers Abu Dhabi a priority location for negotiations with Ukraine.
2026-09-09

Google (GOOG.O) will invest at least €13 billion in artificial intelligence infrastructure in Finland between 2027 and 2028. The investment includes data centers, infrastructure, and energy projects.

Google (GOOG.O) will invest at least €13 billion in artificial intelligence infrastructure in Finland between 2027 and 2028. The investment includes data centers, infrastructure, and energy projects.
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