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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…
Indo-MIM Shares Rally 10% as Q1 Growth and 11% Drop in Raw Material Costs Boost Sentiment
Indo-MIM shares hit a 10% upper circuit on August 18, 2026, touching an all-time high of ₹951.30. The rally followed Q1 FY27 results showing 31.63% profit growth. Raw material costs fell 10.9% year-on-year, giving margins a clear boost. The stock now trades 96% above its ₹485 IPO issue price. Indo-MIM Q1 FY27 Profit and Revenue…
British Drones Strike Deep Inside Russia; Wildberries Logistics Hit Hard on August 17
Ukrainian forces have deployed British-made drones in long-range strikes on Russian territory, causing £35bn in damage. Wildberries warehouses repeatedly attacked; merchants relocating stock to avoid losses.
Ukraine’s $48,000 MICH 2000 Drone Destroyed Russian Tu-95 Bomber on August 16
Ukraine’s MICH 2000 drone, reverse-engineered from Chinese aircraft and costing $48,000, destroyed a Russian Tu-95 bomber. The 2,000 km range drone was built after Ukrainian teams photographed a Chinese factory in 2023.
FTSE 100 Today: Index Rises 0.26% as US Retail Sales Fall 0.6%, Easing Fed Rate-Hike Bets
The FTSE 100 today rose 0.26% on August 17, 2026, after weaker US consumer data reduced concerns about another Federal Reserve rate hike. US retail sales fell 0.6% in July, well below the expected 0.1% increase. It was also the steepest monthly decline since May 2025. The weaker figures pushed the dollar and Treasury yields…
Asian Stocks Rise as China Leads Gains, Dollar Nears Two-Month Low as Fed Rate-Hike Odds Drop to 30%
Asian stocks moved higher on Monday, August 17, 2026, with Chinese equities leading the gains as investors adjusted their expectations for global interest rates. Chinese blue-chip stocks rose 0.8%, while Hong Kong’s Hang Seng gained 1.6%. At the same time, the US dollar moved towards a two-month low after weaker US data pushed expectations for…
Gold Price Today: MCX Gold Rises 0.34% to ₹1,55,030, Silver Gains 0.5% as Brent Hits $88.67
The gold price on MCX rose 0.34% to ₹1,55,030 per 10 grams on Monday, August 17, 2026. Silver futures gained 0.5%, tracking a broader rally in global bullion markets. Brent crude touched $88.67 per barrel, adding fresh safe-haven demand for precious metals. MCX gold had earlier touched an intraday high of ₹1,56,155 before correcting lower….
Reliance Industries, Rolls-Royce to Jointly Develop Sovereign Combat Engine for AMCA
Reliance Industries and Rolls-Royce announced strategic intent on August 14, 2026, to jointly develop India’s indigenous combat engine. The partnership targets the Advanced Medium Combat Aircraft (AMCA) programme, India’s fifth-generation stealth fighter project. Both companies will explore forming a dedicated Aerospace Gas Turbine Complex in India. Reliance Industries shares traded 0.1% lower at ₹1,306.65 on…
Ukraine’s Drone Swarms Cripple Russian Supply Lines, Kill 19 on August 16
Ukraine’s drone attacks on August 16 killed 19 and damaged Russian naval ships and logistics hubs. Wildberries warehouses targeted as military supply nodes. Civilian deaths at highest level since 2022 invasion.