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Deutsche Bank Sticks to Their Hold Rating for Rio Tinto (RIO)

Deutsche Bank analyst Liam Fitzpatrick maintained a Hold rating on Rio Tinto with a price target of £53.00. Fitzpatrick, a 4-star analyst, has an average return of 9.3% and a 58.13% success rate. RBC Capital also rated Rio Tinto as Hold, while Barclays maintained a Buy rating. Fitzpatrick covers the Basic Materials sector, including stocks like Rio Tinto, Teck Resources, and Lundin Mining.

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GAC Toyota to launch bZ7 sedan in Q1 2026; bZ3X SUV surpasses 10,000 deliveries for 2 straight months

GAC Toyota plans to launch the bZ7 sedan in Q1 2026, following strong performance from the bZ3X SUV, which surpassed 10,000 deliveries for two consecutive months. The bZ7, featuring Huawei's HarmonySpace cockpit and Xiaomi's smart ecosystem, targets the RMB 200,000 market segment. Pre-orders began at the 2025 Guangzhou auto show. GAC Toyota sold 64,905 cars in November, a 3.8% decrease from last year. Additionally, Lexus is set to begin EV production in Shanghai by 2027.

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Key facts: Toyota unveils GR GT sports car; launches Lexus LFA Concept; 2025 Grand Highlander achieves 36 mpg

Toyota Motor has unveiled the GR GT sports car, set for a 2027 launch, featuring a hybrid design with an all-aluminum frame and a 4-liter V8 twin-turbo engine. Additionally, Toyota launched the Lexus LFA Concept, a battery electric sports car, and the GR GT3. The 2025 Toyota Grand Highlander Nightshade Hybrid offers a fuel economy of 36 mpg city, 32 mpg highway, and 34 mpg combined.

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Toyota Motor's Lexus Unveils LFA Electric Sports Car Concept

Toyota Motor's Lexus Unveils LFA Electric Sports Car Concept

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Enbridge Inc (NYSE:ENB) Declares Dividend Increase - C$0.97 Per Share

Enbridge Inc (NYSE:ENB) announced a quarterly dividend increase to C$0.97 per share, a 2.9% rise from the previous dividend of $0.94. The dividend yield is 8.1%, with a payout ratio of 118%, indicating reliance on the balance sheet for payments. Analysts expect earnings of $2.18 per share next year, insufficient to cover the $2.69 annual dividend. Enbridge's stock traded down 0.8% to $47.73, with a market cap of $104.10 billion.

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