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EU approves Italian aid for $5.4 bln STMicro energy chip plant (www.reuters.com)

CATANIA, Italy May 31 (Reuters) - The European Commission on Friday approved Italian state aid for chipmaker STMicroelectronics (STMPA.PA), to build a 5 billion euro ($5.4 billion) plant in Catania, Sicily, to make specialist microchips that boost energy efficiency in electric cars....

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