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Trump Threatens Oman, Iran War Deal Expires August 19
Trump’s 60-day Iran deal expires without progress. He threatens to bomb Oman and claims the Strait of Hormuz as U.S. territory as oil prices surge and shipping halts.
Oil Prices Today: Brent Jumps to $91.30, WTI Hits $85.31 as U.S.-Iran Peace Hopes Fade and Hormuz Risks Rise
Oil prices moved higher on August 18, 2026, with Brent crude trading above $91 a barrel and WTI near $85 as hopes for a U.S.-Iran peace deal weakened. The Strait of Hormuz remains a major concern for traders, as limited tanker traffic could tighten global energy supplies. Iran has taken a harder stance, while the…
LG Electronics, Nvidia Expand Robotics Alliance as Seoul Data Factory Targets 100,000 Hours of AI Training Data
LG Electronics is deepening its robotics partnership with Nvidia at a new data factory in Seoul. Senior executives from both companies met Tuesday, August 18, 2026, at LG’s Yangjae R&D Campus. The facility aims to collect 100,000 hours of robot training data by year-end. That volume equals roughly 12 years of continuous data generation. The…
FTSE 100 Today: Index Rises 0.16% as BP Jumps 2.1%, Shell Gains 1.5% Despite Hormuz Strike
The FTSE 100 today edged 0.16% higher on August 18, 2026, with energy stocks helping the index stay in positive territory despite fresh tensions around the Strait of Hormuz. BP shares climbed 2.1%, while Shell gained 1.5% as oil prices moved higher after a vessel was struck along the key shipping route. Brent crude was…
Apple iPhone 17 Pro Max Price Drops to ₹1,03,300 in India With ₹9,000 Bank Offer and Exchange Deal
The iPhone 17 Pro Max effective price has dropped sharply in India during Flipkart’s Freedom Sale 2026. The 256GB variant now lists at ₹1,41,900, down ₹8,000 from its ₹1,49,900 launch price. With eligible exchange and bank offers combined, buyers can bring the effective price down to around ₹98,300 to ₹1,03,990. How the iPhone 17 Pro…
Schott Pharma (ETR: 1SXP) Shares Jump 4% as Barclays Upgrades Stock to Overweight on Growth Inflection
Schott Pharma shares jumped as much as 6.5% on August 18, 2026, hitting a new 52-week high of €23. Barclays upgraded the stock to “overweight” from “equal weight” and raised its price target to €27 from €16. Analyst Jonathon Unwin cited a genuine growth inflection after three years of declining earnings estimates. The upgrade reflects…
Ausgold Jumps on $776M Takeover as Oil Tops $90 and ASX 200 Stays Flat
Ausgold shares surged on August 18, 2026, after OceanaGold agreed to acquire the company in a A$776 million deal. The offer values Ausgold at A$1.36 per share, a 28% premium to its last close. Brent crude climbed 2.3% to US$90.52 a barrel the same day. The ASX 200 finished flat at 9,070 points, down just…
Bond Rout Sends Long-Term Borrowing Costs to Highest Level in Decades
Long-term borrowing costs rose across major economies on August 18, 2026, as investors sold government bonds amid renewed inflation and fiscal concerns. The 30-year US Treasury yield climbed to 5.326%, its highest level since 2007, while Japan’s 10-year yield reached a near 30-year high of 2.945%. The global bond rout is raising concerns about government…
Nelco Shares Plunge 12% Following $20 Million Investment in Elveo for Satellite Connectivity
Nelco shares dropped sharply on August 18, 2026, falling 9.21% to ₹982 on the BSE. The decline followed news that Nelco will invest $20 million in Lunar Holdco, the parent of Elveo Mobile. The Tata Group firm structured the deal through compulsorily convertible debentures. Investors reacted cautiously to the company backing a pre-revenue satellite venture….