Factory activity in New York state slumped in May for the second time this year amid a collapse in new orders and shipments, and manufacturers were slightly upbeat about business conditions over the next six months.

McDonald's Corp said on Monday it has started a process to sell all its restaurants in Russia, exiting the country after more than 30 years following its invasion of Ukraine.

(Reuters) -ManTech International Corp on Monday entered into an all-cash buyout deal of $3.93 billion from private equity firm Carlyle Group Inc, sending the U.S. defense contractor's shares up 11%.

McDonald's Corp said on Monday it had initiated a process to sell its business in Russia after 30 years of operating its restaurants in the country, following Moscow's invasion of Ukraine.

(Corrects key word used by media clients to MANTECH INTL-M&A/CARLYLE GROUP, from CARLYLE-M&A/MANTECH INTL)

Gold prices fell more than 1% to their lowest in 3-1/2 months on Monday as elevated bond yields and a firmer U.S. dollar dampened bullion demand, even as riskier assets dropped after grim China economic data.