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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…
Meta Goes to Trial in 29-State Case Over Child Safety and Mental Health
Meta is facing a major legal test as a 29-state case over child safety and youth mental health moves forward in the US. Opening arguments began on August 18, 2026, in a federal court in Oakland, California. The states accuse Meta of designing Facebook and Instagram features that can keep young users hooked and of…
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…
CSL Ltd Shares Rise 17.21% as Company Signals Flat FY2027 Revenue
CSL Ltd shares jumped 17.21% on August 18, 2026, despite the company posting a $2.6 billion net loss. Australia’s largest healthcare firm flagged flat revenue for FY2027 alongside a return to profit growth. Investors focused on the earnings outlook rather than the headline loss. The rally marked CSL’s biggest single-day gain since June 2001. CSL’s…
Cement Companies Q1 FY27: UltraTech, ACC Post Growth as Ambuja Cement Sales Fall 14%
India’s cement sector had a mixed start to FY27, with major companies reporting different sales trends for the June quarter. UltraTech Cement recorded 13.1% growth in domestic volumes, while ACC reported cement sales of 10 million tonnes. Ambuja Cement, on the other hand, saw sales volumes drop 14% from the previous quarter to 17.1 million…
Coles and Woolworths Test Facial Recognition as Privacy Concerns Mount, August 18
Coles and Woolworths have tested facial recognition technology in their Australian stores to reduce retail crime. Privacy advocates warn of surveillance risks as the Privacy Commission cautions retailers against rollout without proper safeguards.
IN Market Today: Sensex Falls 250 Points, Nifty Below 24,250; Infosys, IndiGo Lead Losses
Indian stocks came under fresh pressure on August 18, 2026, with the Sensex falling more than 250 points and the Nifty slipping below 24,250. Brent crude moved above $91 a barrel as hopes for a US-Iran ceasefire faded, adding to concerns among investors. Infosys and IndiGo were among the stocks in focus as traders turned…