Moscow, Russia – Russia’s manufacturing sector continued to shrink in October, with new orders falling at their fastest rate in three months, according to a survey by S&P Global published Saturday. The Purchasing Managers’ Index (PMI) for the sector dropped to 48.0, down from 48.2 in September, marking the steepest decline since July. Any PMI

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Gyeongju, South Korea – Canadian Prime Minister Mark Carney confirmed on Saturday that he had apologized to U.S. President Donald Trump over a controversial anti-tariff political advertisement, and had advised Ontario Premier Doug Ford not to air it. Carney made the remarks while speaking to reporters after attending an Asia-Pacific summit in South Korea. The

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Gyeongju, South Korea – Chinese President Xi Jinping dominated the spotlight at the 2025 Asia-Pacific Economic Cooperation (APEC) summit, meeting with leaders from Japan, Canada, and Thailand following a delicate trade truce with U.S. President Donald Trump. The truce, agreed upon on the sidelines of the summit, temporarily eased tensions between the world’s two largest

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The European Union (EU) and China have reaffirmed their commitment to ongoing dialogue regarding export control policies, aiming to ease rising trade tensions between the two economic powers. The announcement came a day after EU and Chinese officials met in Brussels for high-level talks on trade and technology-related export controls. During the discussions, both sides

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Chipotle Shares Drop as Sales Forecast Falls October 30, 2025 – Chipotle Mexican Grill (CMG.N) shares tumbled nearly 19% on Thursday after the company issued its third sales forecast cut of the year, alarming investors about challenges facing the fast-casual chain. The move erased about $9 billion in market value and marked Chipotle’s worst single-day

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SEBI Announces Phased Restructuring of Major Indian Banking Indices October 30, 2025 – India’s markets regulator, Securities and Exchange Board of India (SEBI), announced a phased restructuring of key banking and financial indices, including: The move affects indices linked to derivatives contracts, aiming to improve broad-based representation and reduce vulnerability to market manipulation. Timeline for

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Megacaps Drag Global Markets Lower October 30, 2025 – Global shares declined sharply, marking their largest daily drop in three weeks, as megacap tech stocks Microsoft and Meta Platforms experienced significant losses. On Wall Street, Meta plunged nearly 12% after releasing quarterly results Wednesday, coupled with reports of a planned $25 billion bond sale. Microsoft

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Yen Drops as BOJ Holds Rates and Fed Tone Lifts Dollar October 30, 2025 – The Japanese yen weakened sharply against the U.S. dollar on Thursday after the Bank of Japan (BOJ) left interest rates unchanged and struck a less hawkish tone than markets expected. Meanwhile, the U.S. dollar rose, supported by remarks from Federal

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Kellanova Surpasses Wall Street Estimates October 30, 2025 – Kellanova (NYSE: K.N) reported stronger-than-expected third-quarter sales and profits on Thursday, fueled by resilient demand for ready-to-eat breakfast items and snacks, including Pringles and Pop-Tarts. The company posted net sales of $3.26 billion, slightly above analysts’ forecasts of $3.25 billion. Adjusted earnings came in at $0.94

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Merck’s Q3 Revenue Climbs on Keytruda Immunotherapy October 30, 2025 – Merck & Co. (NYSE: MRK) reported higher third-quarter revenue, powered by continued growth from its blockbuster cancer immunotherapy Keytruda, which offset declining sales of the human papillomavirus (HPV) vaccine Gardasil, particularly in China. The company posted $17.28 billion in revenue, surpassing analyst expectations of

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