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  • Dec 18- An executive of Taiwan- based AU Optronics was found guilty of fixing the prices of certain liquid crystal displays used to make the screens of televisions and computer monitors, the Justice Department said on Tuesday. Rival LG Electronics agreed to pay a $400 million fine in 2008, while Samsung Electronics Co Ltd cut an early deal to avoid prosecution.

  • NYMEX-Crude steady near $88 after 3 days of gains Tuesday, 18 Dec 2012 | 6:29 PM ET

    TOKYO, Dec 19- U.S. crude futures were steady near $88 a barrel on Wednesday, holding gains made over the past three days, supported by optimism that a deal could be struck to avert a U.S. budget crisis and keep the world's top oil consumer from slipping into recession.

  • *Army Corps excavating Mississippi River- bottom rock. Dec 18- The U.S. Army Corp of Engineers on Tuesday began clearing rocks from a shallow stretch of the drought-hit Mississippi River- its largest such undertaking in at least 25 years- to maintain the flow of billions of dollars' worth of goods to Gulf Coast ports.

  • *Opposition stages protests in Cairo. CAIRO, Dec 18- Opponents of Egyptian President Mohamed Mursi staged protests in Cairo on Tuesday against an Islamist-backed draft constitution that has divided Egypt but looks set to be approved in the second half of a referendum this weekend.

  • The SEC's report was required by a provision known as the "Franken" amendment in the 2010 Dodd-Frank Wall Street reform law.

  • SAN FRANCISCO, Dec 18- Instagram, the popular photo-sharing service owned by Facebook Inc, said on Tuesday it has "no plans" to incorporate user photos into ads in response to a growing public outcry over new privacy policies unveiled this week.

  • FOREX-Euro outperforms majors, yen still pinned down Tuesday, 18 Dec 2012 | 5:42 PM ET

    SYDNEY, Dec 19- The euro hovered at multi-month highs against the dollar and yen on Wednesday, having extended recent gains as tentative signs of progress in the U.S. fiscal talks bolstered demand for riskier assets. The euro was at $1.3224, not far off the overnight high of $1.3238-- a level not seen since May.

  • UPDATE 1-Petrobras buys fertilizer plant from Vale Tuesday, 18 Dec 2012 | 5:38 PM ET

    BRASILIA, Dec 18- Brazil's state-led oil company Petrobras will buy a fertilizer plant from mining giant Vale for $234 million, the companies announced on Tuesday.

  • As the White House and Republicans appeared to edge closer to a resolution to avert the "fiscal cliff" that would increase income taxes for most Americans beginning Jan. 1, investors poured cash into riskier asset classes such as oil and equities, with U.S. stocks showing the biggest two-day gain in a month.

  • WASHINGTON, Dec 18- Wal-Mart Stores may be facing sizable fines related to allegations of widespread bribery at its Mexican affiliate, after a second report from the New York Times provided more details about the scope of the alleged misconduct.

  • GEORGE TOWN, Cayman Islands, Dec 18- Lawmakers in the Cayman Islands passed a vote of no confidence on Tuesday ousting embattled Premier McKeeva Bush from office one week after he was arrested on suspicion of corruption.

  • BOSTON, Dec 18- Oracle Corp's quarterly profit beat Wall Street expectations on strong software sales growth, suggesting that the approach of the "fiscal cliff" has yet to crimp corporate spending on technology. "I would call it an early Christmas present," FBR Capital Markets analyst Daniel Ives said. "

  • WASHINGTON, Dec 18- The United States on Tuesday pressed forward with plans to slap steep punitive duties on wind turbine towers from China, keeping up friction on the clean energy front as it welcomed a high-level Chinese delegation for trade and economic talks.

  • WASHINGTON, Dec 18- U.S.-based global companies may get a boost in their effort to revamp corporate taxation if the White House and Republican lawmakers can negotiate a deal to avoid the year-end "fiscal cliff."

  • NEW YORK, Dec 18- Global stocks advanced to their highest levels since September on Tuesday on signs of compromise in U.S. talks to stop automatic tax hikes and spending cuts that could hurt the economy next year.

  • GEORGE TOWN, Cayman Islands, Dec 18- Lawmakers in the Cayman Islands passed a vote of no confidence on Tuesday ousting embattled Premier McKeeva Bush from office one week after he was arrested on suspicion of corruption.

  • Martha Nelson named to top editorial job at Time Inc Tuesday, 18 Dec 2012 | 4:36 PM ET

    Dec 18- Time Inc named Martha Nelson its editor-in-chief, making her the first woman to oversee its magazine empire, which includes Time, Sports Illustrated and People. Nelson, whose appointment was announced by Time Inc Chief Executive Laura Lang on Tuesday, succeeds John Huey effective in January.

  • UPDATE 1-Oracle software sales, profit beat forecasts Tuesday, 18 Dec 2012 | 4:32 PM ET

    BOSTON, Dec 18- Oracle Corp's quarterly profit beat Wall Street expectations on strong software sales growth, suggesting that the approach of the "fiscal cliff" has yet to crimp corporate spending on technology.

  • COLUMN - In Russia, unheeded cries of corruption Tuesday, 18 Dec 2012 | 4:29 PM ET

    NEW YORK, Dec 18- In Moscow last week at a conference for young Russian journalists, I met a man named Edward Mochalov, who differed from most of the participants in having spent much of his working life as a farmer.

  • *Army Corps excavating Mississippi river-bottom rock. Dec 18- The U.S. Army Corp of Engineers, in its largest such undertaking in at least 25 years, on Tuesday began clearing a shallow stretch of the drought-hit Mississippi River of rocks impeding the flow of billions of dollars' worth of goods to the Gulf Coast.