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  • SAN FRANCISCO, Oct 14- The prospect of tens of thousands of potentially racy Snapchat photos hitting the Internet has driven home a simple fact: the mobile app's core feature- delivering photos and videos that vanish seconds after viewing- is flawed. But whether this will affect the valuation of the 3- year-old Silicon Valley start-up as it seeks another round of...

  • VANCOUVER, Oct 14- Canadian and provincial regulators on Tuesday approved a proposed C $7.9 billion hydroelectric dam in Western Canada, saying the project is in the public interest and its benefits outweigh potentially adverse impacts. British Columbia granted an environmental certificate to the Site C dam, with 77 conditions. A joint review panel in May...

  • NEW YORK, Oct 14- Saudi Arabia's move to keep crude oil production high, fueling a steep global price slump, may have an unexpected consequence: intensifying the campaign by U.S. producers to scrap Washington's decades-old ban on exports of domestic crude. But many Americans, fearful of high gasoline prices, support the ban, as do their members of Congress.

  • WASHINGTON, Oct 14- The director of the White House's Office of Management and Budget said action to combat climate change is imperative for fiscal reasons, not just moral reasons, given the mounting costs of climate events on the federal budget. Shaun Donovan, who took the reins at OMB in August, said the Obama administration's pragmatic approach echoed that of...

  • *China inflation data takes centre stage in Asia. SYDNEY, Oct 15- The euro and sterling nursed losses early on Wednesday after disappointing data out of Germany and Britain took a heavy toll on both currencies, helping send the dollar index higher. The common currency fell to $1.2640 from a near one-week high of $1.2770 after a closely watched ZEW survey showed...

  • Parent company Trump Entertainment Resorts Inc has said trimming $14.6 million from its annual union pension and healthcare costs is key to save the casino from becoming the fifth to close this year in the seaside resort. Atlantic City has lost thousands of jobs this year and Trump Entertainment has warned it could be forced to begin winding down the Taj Mahal...

  • Oct 14- France's finance minister reaffirmed the country's commitment to conducting economic reforms on Tursday after ratings agency Fitch placed its AA+ rating on French bonds on negative watch, citing risks to growth and deficit-reduction plans. "Therefore, we believe there are downside risks to France's long-term growth potential."

  • WASHINGTON, Oct 14- The Obama administration will try to convince Congress next year to ease planned austerity measures that have weighed on the U.S. economy, a top White House official said on Tuesday. "We've cut too much," Shaun Donovan, the director of the Office of Management and Budget, told Reuters in an interview. Donovan said the White House would try to build on...

  • HONG KONG, Oct 15- Hundreds of Hong Kong police used pepper spray on pro-democracy protesters in the early hours of Wednesday to clear a major road that had been barricaded with concrete slabs, heightening tensions in the financial hub. China rules Hong Kong under a "one country, two systems" formula that accords the city a degree of autonomy and freedom not enjoyed...

  • NEW YORK, Oct 14- New York will not require digital currency software developers to obtain a "BitLicense" to operate in the state, said Benjamin Lawksy, superintendent of financial services for the state of New York, on Tuesday. His comments came after New York extended the period for virtucal currency companies to comment on a set of proposed regulations, known as...

  • GOOGLE INC DISCLOSES VULNERABILITY IN SSL WEB ENCRYPTION TECHNOLOGY, SAYS FOUND BUG IN SSL 3.0.

  • Oct 14- Women's apparel retailer Ann Inc said it had entered into a confidentiality agreement with private equity firm Golden Gate Capital, a month after some hedge funds pushed the company to sell itself. Ann's shares were up about 7.4 percent at $39.50 in after market trading. Last month, hedge funds Red Alder LLC and Engine Capital urged Ann to consider selling...

  • SAN FRANCISCO, Oct 14- Employees suing Apple, Google and two other tech companies over hiring practices said an appeals court should not approve a $324.5 million settlement in the case, according to a court filing on Tuesday. Plaintiff workers accused Apple, Google, Intel and Adobe in a 2011 lawsuit of conspiring to avoid poaching each other's employees.

  • WASHINGTON, Oct 14- Pratt& Whitney, a unit of United Technologies Corp, has been awarded a $592 million contract with the Pentagon for a seventh batch of F135 engines to power the F-35 fighter plane built by Lockheed Martin Corp, the Defense Department said on Tuesday. Top Pentagon officials had expected to reach agreement on the contracts earlier this summer, but...

  • SAN FRANCISCO, Oct 14- Apple Inc and Facebook Inc will help pay for female employees to freeze their eggs, signaling a willingness to spend on perks and benefits in a race to acquire top-flight talent. From January, Apple will pay both full- and part-time employees up to $20,000 for procedure and storage costs for female employees to freeze their eggs.

  • Oct 14- The Washington Post said its Chief Revenue Officer Kevin Gentzel was quitting to join Yahoo Inc as head of advertising sales for North America, after a little more than a year at the newspaper publisher. Gentzel, who has earlier worked with online video service company News Distribution Network and Forbes magazine, will report to Yahoo's Americas head...

  • HANGZHOU, China, Oct 15- Liu Chunming almost died after a car crash in July in Taihe, a remote county in China's southeast Jiangxi province, but survived serious abdominal injuries thanks to specialist doctors who led his treatment from 1,000 kms away. Liu's case- one of a growing number of distance healthcare cases in China- reflects the rise in digital healthcare,...

  • SYDNEY, Oct 15- An Australian private equity firm is preparing the world's biggest listing of a cinema chain, in a shrinking market that's already the world leader in Internet piracy and is about to receive online streaming juggernaut Netflix. That comes ahead of an expected launch by Netflix in the home of Crocodile Dundee and Mad Max, threatening to speed up the...

  • Oct 14- A UBS AG unit will pay $5.2 million in a settlement with Puerto Rico's financial institutions regulator over the firm's practices involving sales of Puerto Rico closed-end bond funds whose values later plunged. UBS Financial Services Inc of Puerto Rico has agreed to pay $1.7 million in restitution to 34 Puerto Rico residents who invested in the funds...

  • Oct 14- Women's apparel retailer Ann Inc said it had entered into a non-disclosure agreement with private equity firm Golden Gate Capital, a month after some hedge funds pushed the company to sell itself. Last month, hedge funds Red Alder LLC and Engine Capital urged Ann to consider selling itself to a private equity firm or another apparel company, stepping up...