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  • Aug 22- Goldman Sachs Group Inc could pay about $1.1 billion to settle claims from the U.S. housing finance regulator that it sold bad mortgage-backed securities, the Financial Times reported.

  • WASHINGTON, Aug 22- The United States has approved anti-dumping duties against South Korea and other producers of steel pipes for the energy sector, a victory for domestic producers hoping to benefit from a boom in the U.S. shale oil and gas industry.

  • JACKSON HOLE, Wyo, Aug 22- European Central Bank chief Mario Draghi is confident that stimulus steps announced in June, helped by a weaker euro, will boost demand in the ailing euro zone economy, but stressed on Friday that the central bank stands ready to do more.

  • JACKSON HOLE, Wyo., Aug 22- The Federal Reserve is "mired" in debate over corners of the U.S. labor market that it has little chance of improving, and it should instead prepare the public for an interest-rate rise, a Fed official known for his hawkish views said on Friday.

  • NEW YORK, Aug 22- Wall Street and other stock markets paused while the dollar rose on Friday after Federal Reserve Chair Janet Yellen said policymakers eyeing interest rate hikes need to move cautiously, while worsening Ukraine tensions dogged trading.

  • NEW YORK, Aug 22- U.S. crude oil futures fell on Friday, putting them on track for a fifth straight week of declines, while Brent remained under pressure from a stronger dollar and plentiful supplies despite an escalation of tensions between Russian and Ukraine.

  • NEW YORK, Aug 22- Neustar Inc, a company which helps North American telecommunication carriers route calls and text messages, is considering a potential sale amid interest from private equity firms, according to people familiar with the matter.

  • WASHINGTON, Aug 22- U.S. communications regulators on Friday asked Comcast Corp for additional details about its video and broadband operations, including its web traffic management practices, to review the company's proposed merger with Time Warner Cable Inc..

  • *Russia aid convoy crossed border without OK, Ukraine says. Ukraine declared on Friday that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of trucks across the border into eastern Ukraine.

  • TORONTO, Aug 22- Royal Bank of Canada on Friday reported a bigger-than-expected increase in quarterly earnings, driven by strong results from its wealth management and capital markets divisions. Shares in the bank hit a lifetime high of C $82.15 early on Friday before easing 1.2 percent to C $80.67 on a negative day on the Toronto Stock Exchange.

  • SAO PAULO/ BRASILIA, Aug 22- Many of Brazil's biggest retailers, homebuilders and carmakers are cutting jobs as Latin America's largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff's re-election bid.

  • The action, part of the Elliott's quest to recover around US $1.7 bn in claims from its decade-long dispute with the sovereign, will target financial institutions including Citigroup, HSBC and Standard Chartered, the source said.

  • Aug 22- McDonald's Corp is changing the leadership at its struggling U.S. division for the second time in two years in a move that may signal increased pressure on Chief Executive Officer Don Thompson.

  • BUENOS AIRES, Aug 22- Argentina on Friday accused the U.S. judge who called the country's new debt restructuring plan illegal of making "imperialist" comments against the South American nation.

  • JACKSON HOLE, Wyo., Aug 22- Federal Reserve Chair Janet Yellen called for a "pragmatic" approach to U.S. monetary policy on Friday, amid calls by hawkish members of the central bank's policy committee for a quick rise in interest rates due to tightening labor markets and inflationary risks.

  • WASHINGTON, Aug 22- The U.S. Environmental Protection Agency on Friday sent its final targets for 2014 biofuel use to the White House as the long-delayed rule enters its last round of review before public release. Last year, the agency took just over 30 days to send the final targets back to EPA.

  • GM opens IT center in Phoenix, Arizona Friday, 22 Aug 2014 | 12:00 PM ET

    Aug 22- General Motors Co said it opened a fourth IT center in the United States in Phoenix, Arizona as it aims to improve performance and cut operational costs. The automaker said it expects to hire 1,000 employees at the center over the next five years. GM's three other IT centers are in Warren, Michigan, in Austin, Texas and in Roswell, Georgia.

  • U.S. crude for October was down 87 cents at $93.11 a barrel by 11:13 a.m. EDT. "I think the market is still reflecting on the big build in Cushing this week," said Dominick Chirichella, senior partner at Energy Management Institute.

  • GENEVA, Aug 22- China has appealed against a WTO dispute panel report on anti-dumping duties applied on certain Chinese products by the United States, the World Trade Organization said on Friday.

  • Aug 22- Power company Dynegy Inc said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets. Dynegy shares rose as much as 22.5 percent in early trading.