Brent crude topped $108 a barrel Wednesday after Israel struck Iranian gas infrastructure, sending oil prices up more than 4%. The latest escalation came as the Strait of Hormuz closure continues to disrupt global energy flows. Brent crude traded at $108.15 per barrel, a 4.57% advance on the day. West Texas Intermediate was at $98.27 a barrel, up 2.14%. The strikes hit Iran's largest gas processing complex in Bushehr Province, CNBC reported. State television in Iran reported that the South Pars gas fiel ...

Northern Trust Marks 35 Years in Canada with Strong New Business Momentum Mar 18, 2026 10:15 AM Eastern Daylight Time Northern Trust Marks 35 Years in Canada with Strong New Business Momentum Share Further growth enabled through launch of Northern Trust Asset Management index funds for Canadian institutional investors TORONTO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that, as it marks 35 years of serving institutional clients in Canada, the firm reported strong new business momentum in ...

Wally Mlynarski Named Elavon CEO Mar 18, 2026 10:00 AM Eastern Daylight Time Wally Mlynarski Named Elavon CEO Share Banking veteran returns to company to lead Merchant Payment Services ATLANTA--(BUSINESS WIRE)--Wally Mlynarski has been named CEO of Elavon, a wholly owned subsidiary of U.S. Bank, delivering secure, scalable payments solutions and dedicated support to businesses across the United States, Europe and Canada. Mlynarski most recently led merchant services and receivables at Bank of America. He pr ...

US stocks fall as PPI inflation jumps, Dow Jones down 169 points Stock market Author Ananthu C U US stocks fall as PPI inflation jumps, Dow Jones down 169 points Mar 18, 2026, 13:42 PM US stock opened lower on Wednesday after hotter-than-expected inflation data and rising oil prices dampened investor sentiment ahead of the Federal Reserve's policy decision. Dow Jones Industrial Average fell about 169 points, or 0.36%, while S&P 500 fell 0.31% and Nasdaq 100 declined roughly 0.26%. The cautious tone followed ...

By Mike Dolan March 18 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Given the backdrop of war and oil price volatility, investors’ focus later today will be on whether Federal Reserve officials consider the inflationary implications of the oil shock significant enough to alter ‌their forecast for one U.S. interest rate cut this year. The energy spike exacerbates an already deteriorating inflation picture. The Fed will get another important glimp ...

Rates slipped slightly lower today. The 30-year fixed rate fell four basis points to 6.08%, according to the Zillow lender marketplace. The 15-year fixed dropped by three basis points to 5.62%.  The 10-year Treasury yield, a benchmark for mortgage rates, has been moving generally lower since Monday. Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.08% 20-year fixed: 5.92% 15-year fixed: 5.62% 5/1 ARM: 6.28% 7/1 ARM: 6.14% 30-year VA ...

Pepkor is weighing plans to abandon a possible partnership with Investec Bank and instead launch a lender on its own https://t.co/T5yltdJ0Pj ...

ETMarkets.comValuations not yet cheapBandyopadhyay was clear that today's market bounce should not be mistaken for a trend reversal. "Markets were looking oversold and short-covering is happening — I will not get too excited," he told ET Now. But he was equally emphatic that the pullback creates a selective entry window for disciplined, long-term investors.L&T: A contra buy despite West Asia exposureLarsen & Toubro remains Bandyopadhyay's top conviction idea even as reports suggest caution. He acknowledge ...

Core Viewpoint - Nippon Steel has secured loans totaling 900 billion yen (approximately $5.67 billion) for its acquisition of U.S. Steel, indicating a significant move in the steel industry and a strategic expansion into the U.S. market [1]. Group 1: Financing Details - The loans were provided by the Japan Bank for International Cooperation (JBIC) and major Japanese private lenders [1]. - The lenders include Japan's three "megabanks": Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank, along with Sumitomo Mitsui Trust Bank [2]. Group 2: Market Implications - This acquisition reflects Nippon Steel's strategy to enhance its market position and operational capabilities in the U.S. steel sector [1].

The board of Tata Steel has approved the merger of Neelachal Ispat Nigam Limited (NINL) with itself and an investment of up to US $2 billion in its wholly-owned subsidiary T Steel Holdings Pte Ltd. The board also cleared the acquisition of a stake in Medica TS Hospital Private Limited (Medica TS Hospital) from Manipal Hospitals Eastern India Private Limited for ₹1.49 crore.State Bank of India (SBI), the country’s largest lender, has raised ₹6,051 crore at a coupon rate of 7.05 per cent through its second Ba ...