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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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Government shutdown fizzles on spending, immigration deal in Congress

WASHINGTON Congress voted on Monday to end a three-day U.S. government shutdown, approving the latest short-term funding bill as Democrats accepted promises from Republicans for a broad debate later on the future of young illegal immigrants. | Video