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ArcelorMittal JV, others commit $86 billion in India’s Gujarat ahead of investment summit, says state

By Sumit Khanna AHMEDABAD, India (Reuters) -India’s Gujarat state on Wednesday said it has signed initial investment agreements worth $86 billion with 58 companies including steelmaker ArcelorMittal’s joint venture and others operating in sectors such as energy, oil and gas, and chemicals. Gujarat, the home state of Prime Minister Narendra Modi, has been signing these …

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Discounters, Sainsbury’s and Tesco are UK Christmas winners -Kantar

By James Davey LONDON (Reuters) – German-owned discounters Aldi and Lidl, No. 2 player Sainsbury’s, and market leader Tesco were the biggest winners among British supermarkets at Christmas, according to industry data published on Wednesday. Market researcher Kantar said those performing not so well included Asda, Morrisons, Waitrose and Iceland. Marks & Spencer, which analysts …

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Hamas leader’s killing raises fears of wider war, Israel keeps up bombardment of Gaza

By Laila Bassam, Nidal al-Mughrabi and Arafat Barbakh BEIRUT/CAIRO/GAZA (Reuters) -Israeli forces kept up their assault on the Gaza Strip on Wednesday and told civilians to leave a refugee camp in the north of the Palestinian enclave after the war reached into Lebanon with the killing in Beirut of the Hamas deputy leader. Israel has …

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Record-breaking doctors’ strike piles pressure on England’s health service

By Muvija M LONDON (Reuters) -Junior doctors in England started a six-day walkout over pay on Wednesday, the longest strike in the 75-year history of the state-run National Health Service (NHS), which will hit patient care during a seasonal winter peak in demand. As in other key sectors over the past year, junior doctors represented …

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IT, metals drag Indian shares lower ahead of Fed policy minutes

By Bharath Rajeswaran BENGALURU (Reuters) -India’s benchmark indexes declined on Wednesday, dragged down by information technology and metal stocks, as global markets slid amid fading optimism about early U.S. interest rate cuts ahead of the release of the Federal Reserve minutes. The NSE Nifty 50 index fell 0.69% to 21,517.35, while the S&P BSE Sensex …

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