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  • PUERTO RICO SAYS LAWSUIT IS PREMATURE UNTIL ISLAND'S ELECTRIC AUTHORITY SEEKS RELIEF UNDER THE RECOVERY ACT.

  • Netflix profit rises more than doubles Monday, 21 Jul 2014 | 4:10 PM ET

    LOS ANGELES, July 21- Netflix Inc's quarterly profit more than doubled, boosted by the addition of 1.12 million customers to its international movie and TV streaming services. The company's profit rose to $71 million, or $1.15 per share, for the second quarter ended June 30 from $29.5 million, or 49 cents per share, a year earlier.

  • NEW YORK, July 21- U.S. stocks fell on Monday, though major indexes ended well off their lows, as investors remained cautious amid ongoing instability in Ukraine and Gaza. The Dow Jones industrial average fell 48.45 points or 0.28 percent, to end unofficially at 17,051.73. The S&P 500 slipped 4.59 points or 0.23 percent, to finish unofficially at 1,973.63.

  • NEW YORK, July 21- Coca-Cola Co may have annual profits of about $9.3 billion, but that princely sum could fall short of what the world's largest soda maker needs to tempt would-be franchisees into taking over more of its regional bottling operations.

  • NEW YORK, July 21- U.S. long-term Treasury debt prices rose on Monday on safe-haven demand increased by investors' caution over turmoil in the Middle East and growing geopolitical tension following the downing of a Malaysian Airlines aircraft in Ukraine.

  • CARACAS, July 21- China will provide Venezuela with a new $4 billion credit line under an agreement signed on Monday, with the money to be repaid by oil shipments from OPEC member Venezuela. The deal was inked during a 24- hour visit to Venezuela by Chinese President Xi Jinping, who is on a tour of Latin America.

  • U.S. accuses Russia of complicity in shooting down flight MH17. *New European sanctions on Russia may heighten oil risk premium. NEW YORK, July 21- Oil prices rose on Monday as the threat of escalating tension between Russia and the West mounted, while August U.S. crude zoomed higher prior to its expiry.

  • FOREX-Dollar holds firm as stocks slip worldwide Monday, 21 Jul 2014 | 3:12 PM ET

    *Major Wall Street stock indexes pare initial losses. NEW YORK, July 21- The U.S. dollar held steady against major currencies on Monday as investors reduced holdings of stocks and other risky assets on anxiety about escalating violence in Gaza and Ukraine.

  • LISBON, July 21- Portugal's president warned on Monday that fallout from the financial troubles of the founding family of Banco Espirito Santo could affect the wider economy, while the bank said it was appointing a special financial advisor to help boost its capital structure.

  • REFILE-FACTBOX-Hacking talks axed over the years Monday, 21 Jul 2014 | 3:03 PM ET

    2008- Three MIT undergrads canceled a Def Con talk in Las Vegas on hacking the "Charlie Card" payment cards for Boston's subway system after a federal court issued an injunction.

  • FACTBOX-Hacking talks axed over the years Monday, 21 Jul 2014 | 3:01 PM ET

    2008- Three MIT undergrads canceled a Def Con talk in Las Vegas on hacking the "Charlie Card" payment cards for Boston's subway system after a federal court issued an injunction.

  • The talk was canceled at the request of attorneys for Carnegie Mellon University in Pittsburgh, where the speakers work as researchers, the spokeswoman, Meredith Corley, told Reuters.

  • *U.N. Security Council to vote Monday on Ukraine resolution. DONETSK, Ukraine, July 21- A train carrying the remains of most of the almost 300 victims of the Malaysia Airlines plane downed over Ukraine left the site on Monday, after the Malaysian Prime Minister reached a deal with the leader of pro-Russian separatists controlling the area.

  • *U.S. accuses Russia of complicity in shooting down flight MH17. *New European sanctions on Russia may heighten oil risk premium. NEW YORK, July 21- Oil prices rose on Monday as the threat grew of escalating tension between Russia and the West, while August U.S. crude zoomed higher prior to its expiry.

  • NEW YORK/ LONDON, July 21- Gold rose above $1,300 an ounce on Monday as U.S. equities slipped and political tensions simmered after the shooting down of a passenger plane in eastern Ukraine last week and incessant fighting in Gaza.

  • MEXICO CITY, July 21- Mexico's national power company CFE said on Monday it will offer $2.8 billion in natural gas and electricity infrastructure project contracts by the end of this year aimed at boosting economic growth.

  • WASHINGTON, July 21- The U.S. Securities and Exchange Commission on Monday announced it has tapped a University of Florida professor to serve as the agency's new chief economist.

  • China provides $4 billion credit line to Venezuela Monday, 21 Jul 2014 | 2:14 PM ET

    CARACAS, July 21- China will provide Venezuela with a $4 billion credit line under an agreement signed on Monday, with the money to be repaid by oil shipments from OPEC member Venezuela. The deal was inked during a 24- hour visit to Venezuela by Chinese President Xi Jinping, who is on a tour of Latin America.

  • Despite asking everyone to steer clear of politics, bringing together relatives from Russia and Ukraine a day after Kiev accused Moscow of arming rebels to bring down an airliner was never going to be easy. The father of the groom, who hails from Russia, raised his glass: "Our country is now going through difficult times.

  • July 21- New York state environmental regulators are proposing shutting the giant Indian Point nuclear power plant to protect fish in the Hudson River during summer months, when demand for electricity for air-conditioning is greatest.