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  • WASHINGTON, Oct 14- The Federal Reserve would consider delaying an interest rate hike if inflation started to sustainably drop away from the U.S. central bank's 2 percent goal, San Francisco Fed President John Williams said in an interview on Tuesday. "If I saw a sustained reduction in the trend path of inflation, and wage growth is part of that, then clearly that...

  • WASHINGTON, Oct 14- The head of the San Francisco Federal Reserve Bank on Tuesday said he would be open to another of round asset purchases if inflation trends were to fall significantly short of the U.S. central bank's target. Although he said it would take a big shift in the U.S. economic outlook for the Fed to restart its bond buying, John Williams said the...

  • WASHINGTON, Oct 14- Ending a 40- year old ban on U.S. crude oil exports would not raise domestic gasoline prices because it would put more petroleum onto global markets, where fuel prices are primarily set, a study by The Aspen Institute said on Tuesday. As the U.S. oil boom of the last six years builds an excess of light crude along the Gulf Coast refining hub, calls have...

  • *Estimate for demand for OPEC crude cut by 200,000 bpd. The International Energy Agency said on Tuesday world oil demand growth would be much weaker than previously expected and raised questions about OPEC's willingness to rein in supplies, suggesting oil prices may drop further. Brent crude fell $2.72 a barrel to $86.17, its weakest point since December 2010,...

  • NEW YORK, Oct 14- A rebound on Wall Street buoyed global equity markets on Tuesday, but lingering anxiety over world economic growth pushed more investors into safe-haven U.S. and German debt and slammed oil prices again. With Wall Street rebounding, the VIX fell 9 percent to 22.39. An MSCI gauge of major stocks worldwide was up 0.3 percent after hitting an 8- month...

  • GENEVA/ WASHINGTON, Oct 14- India broke World Trade Organization rules by blocking imports of U.S. poultry and other agricultural products because of unsubstantiated bird flu fears, a WTO dispute panel ruled on Tuesday. India had claimed its import restrictions were justified by international rules on animal health, but the panel agreed with the United States...

  • WASHINGTON, Oct 14- San Francisco Federal Reserve Bank President John Williams on Tuesday said he is open to another of round asset purchases if inflation trends fall significantly short of the U.S. central bank's target.

  • Facebook's Zuckerberg to donate $25 mln to tackle Ebola Tuesday, 14 Oct 2014 | 11:41 AM ET

    Oct 14- Facebook Inc Chief Executive Mark Zuckerberg said on Tuesday he and his wife, Priscilla Chan, would donate $25 million to the Centers for Disease Control Foundation to fight Ebola. "We need to get Ebola under control in the near term so that it doesn't spread further and become a long-term global health crisis that we end up fighting for decades at large...

  • Oct 14- LPL Financial LLC, a unit of brokerage firm LPL Financial Holdings Inc, has agreed to reimburse more than half a million dollars to investors to settle complaints over switching annuities, a securities regulator said on Tuesday. LPL Financial acknowledged that certain annuity-switch transactions were conducted without disclosing fees for cashing...

  • DETROIT, Oct 14- Chrysler Group is recalling an estimated 184,215 sport utility vehicles globally because a possible short circuit in a part could disable air bags and seat-belt pretensioners, the automaker said on Tuesday. Chrysler, a unit of Fiat Chrysler Automobiles, said an electrical short circuit may occur in the occupant restraint control module in...

  • Oct 14- Gulfstream Aerospace Corp, a unit of General Dynamics Corp, said it had launched two new business jets, the G500 and G600, and received orders for up to 70 aircraft from Flexjet LLC and Qatar Airways. Dallas- based Flexjet LLC, a provider of fractional jet ownership and leasing services, will order up to 50 aircraft, including the G450, the G500 and G650,...

  • LONDON, Oct 14- European shares turned positive in late trading on Tuesday, tracking a sharp rally in U.S. shares on positive corporate earnings news. At 1519 GMT, the FTSEurofirst 300 index of top European shares was up 0.1 percent at 1,295.37 points after earlier falling as much as 1,274.87, the lowest since February. U.S. stocks rose 0.7 to 1.3 percent after...

  • LONDON, Oct 14- Iran, in a change of tack, is saying it can live with lower oil prices, moving closer to the views of Saudi Arabia and other Gulf OPEC members and reducing the likelihood of any collective cut in OPEC output to support prices. OPEC's traditionally second-largest producer is normally among the first members of the Organization of the Petroleum...

  • MOSCOW, Oct 14- European companies in Russia warned on Tuesday they were being hurt by a Russian embargo on food imports as well as EU sanctions and risked being "sacrificed" in the standoff over Ukraine. In comments before Foreign Minister Sergei Lavrov delivered a speech to the Association of European Businesses in Russia, the group's chairman criticized the...

  • CME Group to cut 5 percent of global workforce Tuesday, 14 Oct 2014 | 11:23 AM ET

    CHICAGO, Oct 14- CME Group Inc plans to cut 5 percent of its global workforce, or about 150 jobs, the world's largest futures exchange operator said on Tuesday. Most of the layoffs will come from CME's technology operations, with the rest coming from corporate and administration functions, the Chicago- based company said. CME, which owns the Chicago Board of Trade and...

  • WASHINGTON, Oct 14- The U.S. International Trade Commission said on Tuesday that imports of steel reinforcing bar from Mexico and Turkey put U.S. producers at risk, clearing the way for import duties on the goods. ITC commissioners voted unanimously in favor of the complaint brought by Nucor Corp, Byer Steel, Cascade Steel, Commercial Metals Co and Gerdau Long...

  • *JPMorgan falls, Citigroup climbs after results. Citigroup, up 3.2 percent to $51.48, was among the top boosts to the benchmark S&P index after the bank posted better-than-expected quarterly results and said it would pull out of consumer banking in 11 markets. But JPMorgan Chase shares lost 1.1 percent to $57.54, after the biggest U.S. bank posted third-quarter...

  • JOHANNESBURG, Oct 14- South Africa's mines minister Ngoako Ramatlhodi said he was considering declaring certain minerals such as coal and iron ore as "strategic" for the country. If that bill is signed into law, then it will give the minister the ability to declare certain minerals strategic for purposes of industrialisation in South Africa, "he said.

  • Irish tax changes may cost U.S. groups billions Tuesday, 14 Oct 2014 | 11:15 AM ET

    *Brussels investigating schemes involving minimal tax. LONDON, Oct 14- Ireland's plan to close a "Double Irish" tax loophole could cost U.S. companies including Apple and Google billions of dollars, although a new break and pressure to tackle tax avoidance elsewhere means they are unlikely to decamp. Ireland has been an attractive base for U.S. multinationals for...

  • WASHINGTON, Oct 14- The U.S. International Trade Commission said on Tuesday imports of steel reinforcing bar from Mexico and Turkey put U.S. producers at risk, clearing the way for import duties on the goods. ITC commissioners voted unanimously in favor of the complaint brought by Nucor Corp, Byer Steel, Cascade Steel, Commercial Metals Co and Gerdau Long Products...