Japan Factory Activity Contracts at Fastest Pace Since 2024

    Automotive and chip demand slump weighs on PMI Japan’s manufacturing sector contracted sharply in October, with the S&P Global Manufacturing PMI falling to 48.2, its...

    Papa John’s Stock Drops 10% After Buyout Bid Withdrawn

    Apollo Global pulls $64-per-share takeover offer Shares of Papa John’s tumbled 10% on Tuesday after Apollo Global reportedly withdrew its offer to take the pizza...

    Microsoft Secures Nvidia Export Licenses to UAE

    U.S. government approves high-end chip shipments Microsoft announced on Monday it has obtained export licenses from the U.S. Commerce Department to supply Nvidia AI chips...