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Euro gains against British Pound amid rising UK leadership uncertainty

EUR/GBP climbs to near one-month highs on Friday as rising political uncertainty in the United Kingdom (UK) pressures the British Pound (GBP). At the time of writing, the cross is trading around 0.8726, on track for weekly gains.Sterling came under renewed pressure as speculation surrounding a possible leadership challenge to…

NODX gains extend on AI cycle – DBS

DBS economists Taimur Baig and Radhika Rao anticipate Singapore’s April 2026 non-oil domestic exports to rise 11.5% year-on-year, marking an eighth consecutive month of expansion after 15.3% in March. The performance is expected to be driven by strong electronics benefiting from global artificial intelligence demand, while non-electronics lag and petrochemicals face downside risks from Middle East-related feedstock disruptions.Electronics strength offsets petrochemical risks”Singapore’s goods export performance likely remained robust in April 2026, in line with regional…

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Starbucks to cut 300 US jobs, close some regional support offices

Coffee giant Starbucks is slashing about 300 U.S. support roles and closing some regional support offices. “We are taking further action under the Back to Starbucks strategy, building on our strong business momentum and working to return the company to durable, profitable growth,” a Starbucks spokesperson said in a statement to FOX…

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