Reuters

(Reuters) -Apollo Global Management's affiliates will provide $11 billion to Intel to buy 49% equity interest in a joint venture entity related to an under-construction manufacturing facility in Ireland.

Located in Leixlip, Ireland, the Fab 34 facility is Intel's leading-edge high-volume manufacturing facility designed for wafers using the Intel 4 and Intel 3 process technologies, the company said on Tuesday.

The company announced plans in... (continue reading...)

WASHINGTON (Reuters) - U.S. Senator Joe Manchin on Tuesday said he was urging U.S. companies to sue the Treasury Department over the local content rules it has set for companies to receive clean energy tax credits under the Inflation Reduction Act (IRA).

Manchin told U.S. Treasury Secretary Janet Yellen during a hearing of the Senate Appropriations Committee that U.S. manufacturers were being damaged by the content rules, which he said Treasury had... (continue reading...)

By Nidal al-Mughrabi and Henriette Chacar

CAIRO/JERUSALEM (Reuters) - Israeli shelling and airstrikes killed at least 19 people in central and south Gaza on Tuesday including two policemen who were helping protect humanitarian aid deliveries in the southern city of Rafah, Palestinian medics said.

Seventeen of the deaths, they said, occurred in separate Israeli airstrikes on the al-Bureij and al-Maghazi refugee camps and the city of... (continue reading...)

By Kanishka Singh and Humeyra Pamuk

WASHINGTON (Reuters) - The U.S. said on Tuesday it expects continued close ties, along with discussions on human rights concerns, with India after elections in which Prime Minister Narendra Modi looked set to retain power but with a surprisingly slim majority.

Modi looked set to retain power at the head of a ruling coalition but his Hindu nationalist Bharatiya Janata Party lost its outright majority for... (continue reading...)

By Luc Cohen

NEW YORK (Reuters) -Netflix settled a defamation lawsuit brought by best-selling author and former Manhattan sex crimes prosecutor Linda Fairstein over her portrayal in a 2019 crime series about the Central Park Five case. 

Tuesday's settlement averts a trial over Fairstein's portrayal in the series "When They See Us," which had been set to begin on June 10 in Manhattan federal court.

Fairstein will receive no... (continue reading...)