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A university in northwestern China has banned Christmas, calling it a "kitsch" foreign celebration unbefitting of the country's own traditions and making its students watch propaganda films instead, media said on Thursday.

DuPont and Monsanto Co have agreed to dismiss patent infringement lawsuits against each other over some seed development technologies.

A U.S. appeals court on Tuesday threw out most of the claims in an investor lawsuit against Bank of New York Mellon Corp as trustee for subpar mortgage-backed securities involved in an $8.5 billion settlement by Bank of America Corp.