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  • VANCOUVER, July 31- TransCanada Corp is still committed to building the Keystone XL pipeline despite stubborn opposition in the United States that has thrown the C $8 billion project into regulatory limbo, the chief executive of the Canadian company said on Friday. Girling spoke after the company reported that profits from existing Keystone operations...

  • HARRISBURG, Pa.— A former Pennsylvania hospital employee has been indicted on charges he performed flawed genetic tests on 124 late-stage cancer patients and then lied about it. Federal prosecutors in Harrisburg said Friday that 60- year-old Floyd Benko, of Palmyra, has been charged with health care fraud and making false statements. Court documents say Benko...

  • NEW YORK/ LONDON, July 31- Gold reversed earlier losses on Friday as the dollar fell after weaker-than-expected U.S. data, but prices remained on course for their biggest monthly decline in more than two years on expectations the Federal Reserve will soon raise interest rates. "There is no wage inflation in the U.S. and that was the trigger for the sharp move in the...

  • SAN FRANCISCO— An association of abortion providers is asking a court to block the release of recordings they say were made by an anti-abortion group that has previously revealed several surreptitiously recorded videos of a Planned Parenthood leader discussing the sale of aborted fetuses for research. The National Abortion Federation filed a lawsuit...

  • July 31- Online taxi-hailing company Uber Technologies Inc has closed a new round of funding that values the company at close to $51 billion, the Wall Street Journal reported, citing people familiar with the matter. Uber raised close to $1 billion in the round, bringing its total funding to more than $5 billion, WSJ reported on Friday, citing one of the people.

  • FRANKFURT/ SAN FRANCISCO, July 31- BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW's headquarters last year and senior Apple executives toured the carmaker's...

  • July 31- The premier of Saskatchewan, the Canadian province with some of the world's richest reserves of the crop nutrient potash, says upcoming changes to potash-mining taxes will be revenue-neutral for its treasury, and will maintain capital-spending incentives. Wall, who successfully urged Canada's federal government to block a 2010 attempt by...

  • July 31- Wall Street was mixed on Friday as a drop in energy companies' stocks was offset by expectations the U.S. Exxon Mobil shares fell 3.5 percent while Chevron was down 3.9 percent after reporting poor quarterly earnings due to weak oil prices. This definitely puts a lower probability on that, "said Stanley Sun, interest rate strategist at Nomura Securities...

  • July 31- Electronic Arts Inc is back from the "dark side". EA said on Thursday that "extremely strong" preorders for "Star Wars: Battlefront" were behind its decision to raise its full-year revenue forecast to $4.45 billion from $4.40 billion. "is merely trying to rein in runaway expectations for Star Wars, during a highly competitive holiday window for first-person...

  • ATHENS, July 31- Greece's stock market will reopen on Monday after a five-week shutdown caused by capital controls, but local investors will face restrictions aimed at stemming capital flight, a bourse spokeswoman said on Friday. The Athens Stock Exchange has been shut since June 29, when the government closed banks and imposed strict limits on withdrawals and...

  • NEW YORK— Shares of Fluor Corp. skidded Friday after the engineering and construction company slashed its annual profit forecast, saying it isn't getting as many contracts because of the falling price of oil and metals. Fluor now expects a profit of $4.05 to $4.35 per share in 2015. It had forecast a profit of $4.40 to $5 per share. KeyBanc Capital Markets analyst...

  • NEW YORK— As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting economic growth. For instance, Exxon Mobil said Friday it cut spending by $1.54 billion in the second quarter, while Chevron announced it is laying off 1,500 workers.

  • July 31- The founders of Vermillion Asset Management have left the firm after an exodus of investor cash left just $50 million in assets at its flagship fund, a person familiar with the matter said, in the latest upheaval at a big commodities fund amid a price rout. Andrew Gilbert and Chris Nygaard, who set up commodities hedge fund manager Vermillion 10 years ago,...

  • ATHENS, July 31- Foreign investors will not face restrictions on operations when trade resumes at Greece's stock exchange on Monday following a five-week shutdown caused by capital controls, a stock exchange spokeswoman said. The Athens Stock Exchange has been shut since June 29, when the government closed banks and imposed strict limits on withdrawals and...

  • WASHINGTON, July 31- The U.S. nuclear industry has made a last-minute push to urge the Obama administration to protect the country's 100 nuclear units in its forthcoming carbon rule and prevent the early retirement of several plants. Representatives of the Nuclear Energy Institute met on July 21 with White House officials who are currently reviewing the...

  • NEW YORK, July 31- A U.S. appeals court on Friday upheld a lower court's decision to clear Qualcomm Inc in a patent lawsuit by wireless chip developer ParkerVision Inc, allowing it to escape a $173 million verdict for infringement. The U.S. Court of Appeals for the Federal Circuit in the District of Columbia also ruled that nearly all of the patents ParkerVision...

  • NEW YORK, July 31- A New York judge has narrowed the scope of a $100 million defamation lawsuit filed by billionaire hedge fund manager Louis Bacon against Canadian fashion designer Peter Nygård, part of a bitter dispute over neighboring properties they own in the Bahamas. In a decision made public on Friday, Justice Cynthia Kern in State Supreme Court in...

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874.. Among major oil- and gas-producing states, New Mexico gained three rigs, Louisiana gained two and North Dakota, Ohio, Texas and Wyoming each gained one. Kansas lost four rigs, Utah declined by three, Alaska and...

  • SAN FRANCISCO— Facebook CEO Mark Zuckerberg and his pediatrician wife, Priscilla Chan, are expecting a baby. The co-founder of the world's largest social network used a Facebook post Friday to announce that Chan is pregnant with a healthy baby daughter. He didn't say when the baby is due.

  • ATHENS, July 31- Greece will make it a priority to recapitalise the nation's banks by the end of this year, probably using a bail-out fund to plug capital shortfalls, a Greek central bank official told Reuters on Friday. "It is most likely that the recapitalisation will occur like the last one, through a bank bailout fund," he said, referring to a previous cash injection...