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Japan’s LDP Names Former Minister Yamagiwa as Chip Czar

(Bloomberg) -- Japan’s ruling party named Daishiro Yamagiwa as the new chairman of its group that promotes semiconductors, as it sets up a new mechanism to boost funding for the key industry.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureYam

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Talabat’s $1.5 Billion Dubai IPO Sells Out Soon After Books Open

(Bloomberg) -- Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after subscriptions opened, in the latest sign of robust demand for regional deals.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’

Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO

(Bloomberg) -- Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in a deal that will rank as one of the region’s biggest of the year. Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist A

Forget driverless cars. One company wants autonomous helicopters to spray crops and fight fires

When Hector Xu was learning to fly a helicopter in college, he recalled having a few “nasty experiences” while trying to navigate at night. Then, he formed Rotor Technologies in 2021 to develop unmanned helicopters. Rotor has built two autonomous Sprayhawks and aims to have as many as 20 ready for market next year.

China Mobile Is Said to Mull Deal for Internet Provider HKBN

(Bloomberg) -- China Mobile, the world’s largest wireless carrier by subscribers, is exploring a potential deal for Hong Kong broadband provider HKBN Ltd. as it looks to expand its footprint in the city, people with knowledge of the matter said.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug

Oil prices steady amid supply outages, caution over Russia-Ukraine war

SINGAPORE (Reuters) -Oil prices held steady on Tuesday after the previous day's rally, driven by a halt in production at Norway's Johan Sverdrup oilfield, and as investors remained cautious amid fears of an escalation in the Russia-Ukraine war. Brent crude futures for January delivery fell 2 cents to $73.28 a barrel by 0730 GMT, while U.S. West Texas Intermediate crude futures for December delivery were at $69.13 a barrel, down 3 cents. Both benchmarks climbed more than $2 a barrel on Monday after Norway's Equinor said it had halted output from its Johan Sverdrup oilfield, Western Europe's largest, due to an onshore power outage.

Apple Offers $100 Million to Undo Indonesia iPhone 16 Ban

(Bloomberg) -- Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye

Trump may be planning to attend SpaceX launch in Texas

President-elect Donald Trump may be planning to attend a SpaceX rocket launch in person in Texas on Tuesday, another sign of his close ties with the company's billionaire founder and CEO Elon Musk. The Federal Aviation Administration on Monday issued "Temporary flight restrictions for VIP Movement" over Brownsville, Texas, in the type of practice that usually precedes a high-profile visit. Flight restrictions in place over Trump's oceanfront property in Palm Beach, Florida, will be lifted temporarily during the same timeframe.

DOJ Will Push Google to Sell Chrome to Break Search Monopoly

(Bloomberg) -- Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the world’s biggest tech companies.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View o

Super Micro Shares Jump on Compliance Plan, New Auditor

(Bloomberg) -- Super Micro Computer Inc. shares jumped as much as 30% in extended trading after the company hired a new auditor and filed a plan to come into compliance with Nasdaq listing requirements.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist Arch

Corteva Unveils Wheat Breakthrough as Seed Race Heats Up

(Bloomberg) -- The race to boost wheat yields with drought-resistant varieties is heating up.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureSeed company Corteva Inc. is unveiling what it calls a “revolutionary” development in wheat: a non-ge