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  • *Samsung Electronics to build chip plant in Pyeongtaek. SEOUL, Oct 6- South Korean IT giant Samsung Electronics plans to spend $14.7 billion on a new chip facility- its biggest investment in a single plant- leaning on its semiconductor business to bolster profits as its smartphone dominance wanes. But with the higher demand for mobile devices come increased...

  • WASHINGTON, Oct 6- The Obama administration is not considering a ban on travelers from countries most affected by the deadly Ebola virus outbreak, the White House said on Monday. "A travel ban is not something that we're currently considering," White House spokesman Josh Earnest told reporters at a daily briefing. "We feel good about the measures that are already in...

  • Oct 6- Wealthy Americans contributed less of their incomes to charity while low and middle-income residents gave more in the years surrounding the Great Recession, according to a newly released report by The Chronicle of Philanthropy. Idaho, Georgia, Connecticut and Florida also ranked high on the list of increased givers. Utah residents gave the biggest...

  • Oct 6- Alcobra Ltd lost more than half its market value after it said its drug to treat adult attention deficit disorder met the main goals of a late-stage trial- but only after excluding data from patients who reacted positively to a placebo. Alcobra's stock was the biggest loser on the Nasdaq as the results also made it less likely the company would be bought.

  • WHITE HOUSE SAYS TRAVEL BAN DUE TO EBOLA OUTBREAK NOT CURRENTLY BEING CONSIDERED.

  • New York Fed President William Dudley, speaking on the Marketplace radio show on Monday, repeated his belief that the U.S. central bank could let the economy "run a little hot" to help boost inflation toward a 2 percent goal and, critically, to get long-term unemployed Americans back into the workforce. "If the economy evolves as most people are hoping over the next...

  • DALLAS, Oct 6- The fifth American to contract Ebola in West Africa arrived in the United States for treatment on Monday as the first patient diagnosed with the deadly virus on U.S. soil was in critical condition at a Dallas hospital, officials said. A private plane carrying Ashoka Mukpo, a freelance cameraman for NBC News who contracted Ebola in Liberia, landed in...

  • *Gold rebounds after hitting 15- month low earlier. NEW YORK/ LONDON, Oct 6- Gold rose nearly 1 percent on Monday, putting it on track for its biggest one-day gain in two months as the dollar's retreat and weaker U.S. equities sparked fresh demand and short covering after bullion earlier hit a 15- month low. "Gold's drop below $1,200 an ounce is sparking some more...

  • Miners help European shares to end slightly higher Monday, 6 Oct 2014 | 12:53 PM ET

    *Glencore "groundwork" for likely merger with Rio: report. Rio Tinto's American Depository Receipts were 7.4 percent higher after the European market close on a Bloomberg report, quoting people familiar with the situation, saying Glencore was laying the groundwork for a potential merger with Rio Tinto Group in 2015.. A Glencore spokesman said "we don't comment...

  • WASHINGTON, Oct 6- The number of claims of injury and death linked to a faulty ignition switch in General Motors Co cars rose 30 percent last week to 1,130, according to a report on Monday from the lawyer overseeing a program set up to compensate accident victims. Since Aug. 1, claims related to 24 deaths and 16 injuries have been deemed eligible for compensation by...

  • KOGALYM, Russia/ BUCHAREST, Oct 6- Lukoil's Petrotel refinery in Romania said on Monday that authorities had confiscated its raw materials, crude oil and products, after prosecutors said last week they were investigating it on alleged tax evasion and money laundering. "It is of particular concern that as part of the ongoing investigation the refinery was...

  • NEW YORK, Oct 6- Bank of America-Merrill Lynch on Monday wrote that buyback programs could drive third-quarter earnings above expectations, though the twin headwinds of lower oil and a stronger dollar could limit the upside surprise. "Though they slowed from, we estimate that buybacks still boosted earnings per share growth by 1.5-2.0 percent" in the third...

  • John Flannery, 53, was appointed president and chief executive officer of GE Healthcare, effective immediately. With 27 years at GE, Flannery most recently was GE's senior vice president of business development, which recently included a key role in the $16.9 billion purchase of the power assets of France's Alstom. Previously, Flannery served as president and...

  • NEW YORK, Oct 6- Micron Technologies was leading a slide in the PHLX semiconductor index on Monday after Samsung unveiled plans to spend $14.7 billion on a new chip facility. Chipmaker Toshiba Corp fell 2.6 percent overnight in Tokyo and SK Hynix Inc lost 5.1 percent in Seoul. Index snapshot at 12:03 EDT:.

  • CALGARY, Alberta, Oct 6- Malaysian state-owned oil and gas company Petronas said on Monday it could delay its planned $11 billion liquefied natural gas plant on Canada's Pacific Coast by as long as 15 years unless it can reach a favorable tax deal by month's end. Petronas said in a statement that the economics of the plant are marginal and without a favorable tax...

  • U.S. crude traded below $90 a barrel, despite a brief mid-morning rally, while Brent traded below $92 a barrel. "Supply continues to weigh heavy on the market and demand isn't keeping up with it," said Oliver Sloup, director of managed futures at iitrader.com LLC in Chicago. November crude was down 23 cents at $89.51 a barrel 11:35 a.m. EDT.

  • The deal with Kuwait Foreign Petroleum Exploration Co helps Chevron reduce production risk and gives it more capital to increase drilling in Alberta's Duvernay shale formation, one of North America's largest shale deposits. Chevron's Canadian subsidiary has exploration leases for about 330,000 net acres in the Duvernay shale formation.

  • LONDON, Oct 6- International banks are shying away from processing humanitarian deals with Iran for fear being fined for breaking Western sanctions, despite moves intended to facilitate the trade, a senior Iranian banker said. The sanctions regime, imposed by the United States and European Union over Tehran's nuclear program, allows trade in humanitarian...

  • WASHINGTON, Oct 6- The Supreme Court on Monday rejected an industry challenge to U.S. Environmental Protection Agency regulations issued by Republican former President George W. Bush's administration that set standards for ozone pollution. Those rules, which set air quality standards that U.S. states and the federal government must implement through...

  • European shares edge higher as miners advance Monday, 6 Oct 2014 | 11:17 AM ET

    The STOXX Europe 600 Basic Resources index rose 1.5 percent as prices of copper, aluminum and zinc climbed 0.3 to 1.4 percent anticipating stronger demand for raw materials in countries such as the United States. The way the market appears to be reacting to these numbers suggests that investors are more concerned about the growth outlook at this point in time...