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Speaker 1: News when you want it with Bloomberg News Now. I'm

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Speaker 1: Dan Schwartzman. The Associated Press is reporting that at least

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Speaker 1: sixty eight people were killed and an Israeli strike on

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Speaker 1: the Magazi refugee camp in Gaza. The death toll was

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Speaker 1: released by the Hamas run Gaza health Ministry. The number

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Speaker 1: of Israeli troops killed in the war continues to rise,

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Speaker 1: as the military says that fifteen of its soldiers were

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Speaker 1: killed this weekend in combat, bringing the total to one

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Speaker 1: hundred and fifty four since the ground offensive began. Efforts

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Speaker 1: for another deal to exchange hostages held by Hamas were

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Speaker 1: also continuing in Egypt. Meanwhile, Bethlehem in the West Bank,

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Speaker 1: the home of Jesus birth, was quiet as Christmas celebrations

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Speaker 1: were called off due to the war. Bethlehem's mayor, Hanna

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Speaker 1: Hanania says that tourism has come to a complete halt

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Speaker 1: in the city, which usually sees a million and a

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Speaker 1: half visitors annually. Meyersk, the world's second largest container shipping line,

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Speaker 1: says it is ready to resume shipping through the Red

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Speaker 1: Sea as a new multi national maritime task force has

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Speaker 1: been assembled to protect vessels from attacks by Iranian Bac

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Speaker 1: Dyem and e Huthi rebels. The company said that they

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Speaker 1: are currently making plans for the first vessels to transit

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Speaker 1: the waterway, but won't hesitate to reevaluate the safety situation.

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Speaker 1: The US, along with allies, half set up a task

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Speaker 1: force called Operation Prosperity Guardian. On Saturday, a chemical tanker

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Speaker 1: named KEMP Pluto was struck by a one way drone,

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Speaker 1: which a US says was fired from Iran. There were

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Speaker 1: no casualties reported and an on board fire was extinguished.

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Speaker 1: Iran denies a drone originated from its soil. British billionaire

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Speaker 1: Surgim Ratcliffe has completed the purchase of a stake in Manchester, United,

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Speaker 1: as he defeated rival bids from Petro States and Hedge

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Speaker 1: Funds for the soccer club more from Bloomberg's Denise Pellegrinee.

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Speaker 2: Through his chemical conglomerate. Ratcliffe has paid thirty three bucks

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Speaker 2: a share for a twenty five percent stake in the club,

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Speaker 2: at values it at five point four billion dollars, below

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Speaker 2: initial hopes of six billion. Ratcliffe is one of Britain's

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Speaker 2: richest people, and the decision to bring him in marks

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Speaker 2: the end of a drawn out sale process officially begun

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Speaker 2: by the Glazer family over a year ago. Ratcliffe earlier

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Speaker 2: failed in an attempt to buy Chelsea Denise Pellegreeny Bloomberg Radio.

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Speaker 1: Thanks de Nice. Italian fashion brand Prada is expanding its

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Speaker 1: New York City presence where the purchase of two buildings

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Speaker 1: on Fifth Avenue. The company has paid a total of

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Speaker 1: eight hundred and thirty five million dollars to buy both

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Speaker 1: seven twenty and seven to twenty four to Fifth Avenue.

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Speaker 1: Prada's New York flagship store is located at the seven

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Speaker 1: to twenty four address. Prada says they will continue to

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Speaker 1: use the property for its store as well as offices

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Speaker 1: in storage. The combined amount of the two deals makes

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Speaker 1: it one of the largest real estate purchases in New

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Speaker 1: York this year. Three D printer maker Stratusists has confirmed

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Speaker 1: that it received an unsolicited takeover offer from Israeli owned

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Speaker 1: rival Nanodimension, which currently is the largest stockholder in Stratasists.

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Speaker 1: Nano had set on Saturday that it was making its

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Speaker 1: off Republic due to not being approached by Stratusists during

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Speaker 1: the review. The all cash deal for all remaining shares

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Speaker 1: values the company at about one point one billion dollars.

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Speaker 1: Back in July, the Board of Stratasists rejected a twenty

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Speaker 1: five dollars per share partial tender offer from Nano. Since

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Speaker 1: its peak in July, Stratus shares have fallen by almost

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Speaker 1: forty percent due to the holidays. It's good to be

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Speaker 1: a quiet week ahead on the economic calendar, Bloomberg's Karen

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Speaker 1: Moscow has more.

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Speaker 3: Markets are closed Monday and observance of the Christmas holiday. Tuesday,

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Speaker 3: we get two reports on housing prices, one from the

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Speaker 3: Federal Housing Finance Agency and another from SNP core Logic

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Speaker 3: Case Schiller. Thursday is a weekly report on initial jobless claims,

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Speaker 3: as well as wholesale inventories and pending home sales. Things

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Speaker 3: will pick up again after the new year with a

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Speaker 3: December Payrolls are poured out in the first week of

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Speaker 3: twenty twenty four. Karen Moscow, Bloomberg Radio.

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Speaker 1: Thanks Karen. Micron Technology has settled a high profile intellectual

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Speaker 1: property theft lawsuit against fujian Jinua Integrated Circuit. The state

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Speaker 1: backed Chinese rival and its Taiwanese partner were sued back

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Speaker 1: in twenty seventeen in the US for allegedly stealing the Boise,

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Speaker 1: Idaho based company's memory chip trade secrets. The global settlement

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Speaker 1: between the two companies includes both sides dropping legal complaints

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Speaker 1: against each other. As twenty twenty three comes to a close,

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Speaker 1: winemakers in the Napa Valley are toasting this year's vintage

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Speaker 1: harvest for both red and white wines as possibly one

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Speaker 1: of the best than ever in wine country thanks to

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Speaker 1: lots of rain in a long growing season. Great growers

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Speaker 1: say this year gave them a unique harvest that they

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Speaker 1: hope will be quote off the charts. Some are calling

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Speaker 1: this year a once in a lifetime occurrence. That's news

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Speaker 1: when you want it with Bloomberg News. Now, I'm Dan Schwartzman,

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Speaker 1: and this is Bloomburgs