India’s Vedanta to enter the chip market this year after Foxconn split

BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn pulled out of the $19.5 billion chipmaking project. Foxconn separately intends to apply for incentives under India’s semiconductor production plan. In an address to the…

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UN rights body passes disputed motion on religious hatred after Koran burning

By Gabrielle Tétrault-Farber GENEVA (Reuters) -The United Nations Human Rights Council on Wednesday approved a disputed resolution on religious hatred in the wake of the burning of a Koran in Sweden, prompting concern by Western states who say it challenges long-held practices in rights protection. The resolution, introduced by Pakistan on behalf of the 57-nation…

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India’s Adani aims to close planned $4 billion fundraising by end-December-source

By Dhwani Pandya MUMBAI (Reuters) – India’s Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and is actively talking to global investors about participating, a source with direct knowledge of the matter said on Wednesday. The group’s flagship, Adani Enterprises, and Adani Green have board…

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Biden’s approval rating lingers at 40%, economy remains top worry -Reuters/Ipsos

By Josephine Walker WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval rating held steady at 40% in early July, close to the lowest levels of his presidency, as economic worries continued to trouble Americans, according to a Reuters/Ipsos poll this week. The three-day online poll, which asked Americans, “Do you approve or disapprove of…

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