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Saudi bank cuts money quote

  DUBAI / Reuters Saudi Arabia’s biggest commercial bank cut its quote for three-month money in the interbank market in a signal that rates could fall further as a liquidity crunch in the banking system eases. Saudi interbank offered rates soared this year, pressuring companies and banks seeking to raise funds, as low oil prices slashed flows of petrodollars into ...

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Why fingers make handy digital keys

  SAN FRANCISCO / AP It sounds like a great idea: Forget passwords, and instead lock your phone or computer with your fingerprint. It’s a convenient form of security — though it’s also perhaps not as safe as you’d think. In their rush to do away with problematic passwords, Apple, Microsoft and other tech companies are nudging consumers to use ...

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Selfie touch-up app Meitu gauges interest in $750mn IPO

  Bloomberg Chinese mobile developer Meitu Inc. started testing demand for a proposed Hong Kong initial public offering of about $750 million, which could become the city’s biggest technology listing in nearly a decade. The Xiamen-based company, which makes apps used to touch up selfie photos, will gauge interest from potential investors from Monday through Dec. 2, according to terms ...

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