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Deflation Headlines

FOREX-Euro near 9-year low, dollar firm ahead of US jobs data

The euro wallowed near a nine-year low on Friday on growing expectations the European Central Bank will embark on quantitative easing, while the dollar held firm before U.S. jobs data that could cement the case for a rate hike by the Federal Reserve.

Tesco kicks off fightback with cost cuts and asset sales

Tesco will slash costs and sell assets to fund lower prices and mend its finances, Britain's biggest retailer said on Thursday, as its new boss set out his plan to fight back from years of market share losses and an accounting scandal.

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Reluctant U.S. Supreme Court on collision course with Trump

The U.S. Supreme Court's reluctance to take up new cases on volatile social issues is putting it on a collision course with President Donald Trump, whose Justice Department is trying to rush such disputes through the appeals system to get them before the nine justices as quickly as possible.