Bloomberg Egypt signed off on Uber Technologies Inc’s acquisition of ride-hailing peer Careem Inc after setting price caps and other measures designed to keep the local market competitive. The decision was made after studying data on 270 million trips as well as Egyptian and international precedents, the Egyptian Competition Authority said on Sunday. Any raising of passenger prices has to ...

Bloomberg Taiyo Yuden Co, a Japanese maker of ceramic capacitors used in smartphones, sees increasing demand for its components next year as China pushes ahead with the fifth generation of cellular technology. “We’re already getting orders for 5G base stations,” Chief Executive Officer Shoichi Tosaka said in an interview. “Early next year we should start seeing 5G-related orders for smartphones.” ...

Bloomberg Apple Inc is likely to continue outperforming its mega-cap tech peers next year, according to Loup Ventures, which wrote that the iPhone maker could chase its 80%-plus rally in 2019 with another 20% gain in 2020. Analyst Gene Munster cited a number of tailwinds for the shares over the coming 12 months, including continued growth for the Apple Watch ...