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Deutsche suffers Hong Kong IPO setback from staffing gap

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Bloomberg Deutsche Bank AG will be unable to sponsor initial public offerings (IPOs) in Hong Kong as the German lender failed to replace the staff needed by regulators in one of the world’s biggest markets for share sales. The bank has hired replacements who will start in a matter of weeks and will be able to resume its sponsor roles ...

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Eighty-year-old Japan’s firm may be key to next-gen chips

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Bloomberg One Japanese company that got its start making grinding wheels for machinery more than 80 years ago believes it holds the key to helping manufacturers create ever slimmer and more powerful semiconductors to power next-generation mobile phones and advanced computers. Disco Corp’s machines can grind a silicon wafer down to a near-transparent thinness and cut the tip of a ...

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Tesla smashes record, delivers 201,250 cars across world in Q2

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Bloomberg Tesla Inc delivered 201,250 cars worldwide in the second quarter, a record for the electric-car maker led by Chief Executive Officer Elon Musk. While the company doesn’t break out sales by region, business appeared healthy in China. The bulk of the period’s sales were of the Model 3 sedan and the Model Y crossover, which are produced in Shanghai ...

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