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Three planes to fly potatoes to ease Japan French-fries shortage

  Bloomberg US freight forwarder Flexport Inc will help fly three planes loaded with potatoes to Japan, where a shortage of spuds has caused McDonald’s in the country to ration french fries. “Flexport just contracted to fly three 747 loads of potatoes to Japan to help with the French fry shortage,” Chief Executive Officer Ryan Petersen said in a tweet, ...

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US merchandise-trade gap widens to record as imports surge

  Bloomberg The US merchandise-trade deficit widened to a record in November as imports surged to an all-time high. The gap increased to $97.8 billion last month from a revised $83.2 billion in October, according to Commerce Department data released on Wednesday. The figure exceeded all estimates in a Bloomberg survey of economists. The data aren’t adjusted for inflation. The ...

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Alibaba explores options for Weibo stake with state firm

  Bloomberg Alibaba Group Holding Ltd. is in talks with a state-owned conglomerate about a potential deal involving its stake in Weibo Corp, as Beijing moves to curb the influence of China’s tech giants in the sensitive media sphere. China’s e-commerce leader is exploring options for its roughly 30% slice of the Twitter-like social media service, according to people familiar ...

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