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Sept 5 (Reuters) - SoftBank Group's (9984.T) Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year.SoftBank is offering 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece and is looking to raise up to $4.87 billion at the top of the range, Arm said in a regulatory filing.The valuation that Arm is chasing now represents a climb-down from...

U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O'Hare/File Photo Acquire Licensing RightsWASHINGTON, Aug 31 (Reuters) - The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday."While we transition to EVs, we want to ensure that workers can transition...

FILE PHOTO: A Tu-22M3 bomber performs during the "Aviadarts" military aviation competition at the Dubrovichi range near Ryazan, Russia, August 2, 2015. REUTERS/Maxim Shemetov Acquire Licensing RightsAug 22 (Reuters) - British military intelligence said on Tuesday that a weekend drone attack on an airfield deep inside Russia which Moscow blamed on Ukraine is highly likely to have destroyed a nuclear-capable TU-22M3 supersonic long-range bomber.Kyiv, which on Monday claimed to have attacked another Russian military airfield, says Russia has used the TU-22M3 to bomb targets across Ukraine with conventional munitions. Western...