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It has been clear for some time what the outlines of a potential deal to save the euro would be. But, contrary to what the more breathless newspaper headlines have suggested, there was no comprehensive deal on the table in Washington this weekend for ... LONDON—Bank of England policy maker Ben Broadbent said Monday that he was close to voting for a further round of asset purchases at the BOEs September policy meeting. It wasnt supposed to be like this. Gold, touted as the ultimate haven, was supposed to rise in a crisis. And yet in the past four days, its behaviour has been in line with the riskiest of assets. Farmers have warned it would be unacceptable for suppliers to share the pain of Tescos multimillion-pound price-cutting campaign. Reed Elsevier Plc, the owner of the LexisNexis database, agreed to buy Accuity Holdings Inc. from Investcorp for 343 million pounds ($530 million) in cash. Defence and aerospace giant BAE Systems, Britains biggest manufacturing company, is considering huge redundancies as savage Government spending cuts start to bite.
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