Business
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Starbucks to open first corporate office in India for tech jobs
Published Sat, May 16, 2026 · 03:21 PM [NEW YORK] Starbucks is planning to open a technology office in India as the coffeehouse chain seeks to cut US$2 billion in…
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US debt load could undercut Warsh‘s plan to shrink Fed balance sheet
[WASHINGTON] Incoming Federal Reserve chief Kevin Warsh‘s plans to shrink the US central bank’s “footprint” in financial markets could be constrained by rising federal debt and the potentially lost luster of…
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Wall St opens higher as Nvidia gains; US-China talks, data in focus
Published Thu, May 14, 2026 · 09:48 PM [NEW YORK] Wall Street stock indexes opened higher on Thursday (May 14) as Nvidia’s shares jumped, while investors assessed economic data and…
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Oil little changed as Trump visits China
The International Energy Agency said global oil supply would not meet total demand this year Published Wed, May 13, 2026 · 08:59 PM [LONDON] Oil prices were little changed on…
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Sea reports 6.2% increase in Q1 earnings to US$427.9 million
[SINGAPORE] Sea on Tuesday (May 12) reported a 6.2 per cent increase in its first-quarter earnings to US$427.9 million, from US$403.1 million a year earlier. Earnings per share for the…
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Oil rises after Trump rejects Iran’s response to US peace proposal
Published Mon, May 11, 2026 · 06:37 PM [LONDON] Oil prices rallied on Monday, a day after President Donald Trump said Iran’s response to a US peace proposal was “unacceptable”, raising…
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Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs
[SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous corresponding…
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Europe: Shares slide as Middle East tensions flare
Published Sat, May 9, 2026 · 11:15 AM [BENGALURU] European shares slipped on Friday (May 8) in broad-based losses as a flare-up in the Middle East conflict hit risk sentiment…
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US said to suspect Nvidia chips smuggled to Alibaba via Thailand
Since 2022, Washington has effectively blocked these processors from going to China over concerns that advanced AI could lend Beijing a military edge A KEY company behind Thailand’s national AI…
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Shell’s profit beats expectations at US$6.9 billion, cuts share buybacks
Oil and gas output falls 4% compared with the previous quarter due to the Iran war Published Thu, May 7, 2026 · 02:41 PM [LONDON] Shell’s first-quarter adjusted earnings, its…
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Strategy’s Michael Saylor signals potential shift to Bitcoin sales
The company has floated the idea that it may at some point have to liquidate some of its hoard to meet its dividend commitments Published Wed, May 6, 2026 ·…
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Indonesia intervenes in markets as rupiah sets new record low
Published Tue, May 5, 2026 · 12:40 PM [JAKARTA] Indonesia’s central bank intervened in the foreign-exchange markets as the rupiah set a new record low. Bank Indonesia intervened through offshore…
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Asian stocks near record high on tech corporate earnings as US dollar dips
Published Mon, May 4, 2026 · 11:47 AM ASIAN shares traded near record highs on Monday (May 4) as stronger-than-expected corporate earnings from technology companies kept the sector buoyant, while…
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Berkshire Hathaway CEO Greg Abel moves to assure shareholders in post-Buffett world, with record cash
Published Sun, May 3, 2026 · 04:27 AM — Updated Sun, May 3, 2026 · 09:22 AM [OMAHA, NEBRASKA/NEW YORK] Greg Abel on Saturday (May 2) moved to assure Berkshire…
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Musk’s trial against OpenAI hits some rough spots in first week
Published Sat, May 2, 2026 · 09:30 AM [AUSTIN, TEXAS] Elon Musk set out to tell a jury that his falling out with OpenAI was a simple tale of betrayal.…
