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  • NEW YORK, Dec 20- When the Federal Reserve first started talking about cutting its massive stimulus earlier this year, emerging-market currencies went into a tailspin. The Fed cuts started this week when it reduced its monthly bond-buying to $75 billion from $85 billion.

  • NEW YORK, Dec 20- Oil prices rose and gasoline futures hit a three-month high on Friday, fueled by spread trading and supply concerns. A string of glitches at U.S. refineries and strikes at four Total refineries in France lifted U.S.

  • DETROIT, Dec 20- The judge in the Detroit bankruptcy case on Friday recommended that a federal appellate court refuse to allow a direct appeal of his recent decision declaring the city eligible for bankruptcy protection.

  • WASHINGTON, Dec 20- President Barack Obama on Friday defended his administration's decision to delay for some people the requirement to buy medical insurance under his healthcare law, explaining that the rollout of his signature domestic policy is a "messy process."

  • U.S. says still concerned about Russian car levy Friday, 20 Dec 2013 | 4:04 PM ET

    WASHINGTON, Dec 20- The United States said on Friday it still has concerns about a recycling fee Russia imposes on cars even though the country recently extended the levy to cover domestic as well as imported vehicles.

  • SAN FRANCISCO, Dec 20- As a key part of a campaign to embed encryption software that it could crack into widely used computer products, the U.S. National Security Agency arranged a secret $10 million contract with RSA, one of the most influential firms in the computer security industry, Reuters has learned.

  • DETROIT BANKRUPTCY JUDGE SAYS IN WRITTEN OPINION THAT HE IS REQUIRED TO CERTIFY DIRECT APPEAL TO 6 TH CIRCUIT AS A' MATTER OF PUBLIC IMPORTANCE'.

  • DETROIT BANKRUPTCY JUDGE RECOMMENDS THAT COURT OF APPEALS DECLINE TO TAKE UP APPEALS OF HIS DECISION TO AUTHORIZE THE CITY'S BANKRUPTCY.

  • WASHINGTON, Dec 20- Investigators believe that overseas hackers were responsible for the cyber attack on U.S. retailer Target Corp that compromised up to 40 million payment cards during the first three weeks of the holiday shopping season, a person familiar with the matter said. Target spokeswoman Molly Snyder also declined comment.

  • Dec 20- AT&T Inc will join rival Verizon Communications in disclosing details on government requests for customer data starting in 2014, after investors called on the two largest U.S. carriers to reveal more about controversial spying operations.

  • WASHINGTON, Dec 20- U.S. poultry producers have dramatically reduced the presence of harmful bacteria in poultry meat, a trade group said on Friday in defending the food safety record of the industry. "The numbers tell us we're making tremendous progress," the National Chicken Council said in a statement that described poultry as overwhelmingly safe to eat.

  • But Eric Rosengren, president of the Federal Reserve Bank of Boston, who cast his first dissenting vote since 2007 on Wednesday, still believes the economy will improve and the Fed will end the bond buying sometime late in 2014..

  • WASHINGTON, Dec 20- Rival political factions facing each other on the streets of Ukraine have also enlisted heavyweight lobbyists in Washington, some with connections at the highest levels of U.S. government, to promote their causes to American policymakers, media and members of Congress.

  • Dec 20- A website associated with Jon Carnes, a short seller who targeted miner Silvercorp Metals Inc, said on Friday that a Canadian securities regulator that accused him of fraud was wrong. Calls to the New York office of EOS Holdings LLC, a hedge fund the BCSC said Carnes ran, went directly to an answering machine on Thursday and Friday.

  • WASHINGTON, Dec 20- The U.S. oil industry's powerful lobbying arm said Friday it will push Congress and the Obama administration to consider lifting a ban on crude oil exports in the new year as domestic production is due to hit a record in 2016..

  • If the city cannot reach an agreement over costly interest-rate swap deals with banks and objecting parties, attorney Thomas Cullen of law firm Jones Day said, Detroit would retain its rights to litigate an end to the swaps.

  • NEW YORK, Dec 20- Oil prices rose and gasoline futures hit a three-month high on Friday, fueled by spread trading and supply concerns. A string of glitches at U.S. refineries and strikes at four Total refineries in France lifted U.S.

  • BOSTON, Dec 20- Hedge fund billionaire William Ackman is facing mounting pressure as his high-stakes bet against nutrition and weight loss company Herbalife enters its second year, but for now, his investors look ready to stick with him.

  • News Corp acquires social media tool Storyful Friday, 20 Dec 2013 | 3:19 PM ET

    Dec 20- News Corp on Friday made its first acquisition as a stand-alone company with the $25 million purchase of social news tool Storyful.

  • White announced her plans at the same time that SEC staff on Friday released a 106- page study that reviewed "Regulation S-K" which are the rules that set forth disclosure requirements other than financial statements for companies.

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