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China's Commerce Ministry defends devaluation, sees 'limited' impact

BEIJING (Reuters) - China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment".

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Tropical storm losing strength as it nears Florida, 20 dead in Dominica

Waves crash along the shores of the Malecon in Santo Domingo, Dominican RepublicBy David Adams MIAMI (Reuters) - Tropical Storm Erika was soaking Haiti with heavy rain and strong winds on Friday as it swirled across the Caribbean but showed signs of losing steam as it headed toward south Florida, the U.S. National Hurricane Center (NHC) said. Twenty people were confirmed dead on the island of Dominica, Prime Minister Roosevelt Skerrit said in an address carried on television and online late Friday.

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Hurricane Ignacio marches across Pacific toward Hawaii

(Reuters) - Hurricane Ignacio was churning across the Pacific on Friday on a path that could take it past Hawaii in coming days, the National Hurricane Center said. A coastal storm watch could be issued for the Hawaiian islands early on Saturday, the center said. Hawaii officials urged residents to prepare in the event the storm hits the island early next week.

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Houston sheriff's deputy fatally shot at gas station

A search was under way for the officer's killer, who was described as a male dressed in a white t-shirt, driving a red truck, the Harris County Sheriff's office said. The deputy was in uniform and filling up his car with gas when the gunman approached from behind and fired several shots, sheriff's office spokesman Deputy Thomas Gilliland told reporters. Live video from the scene in northwest Houston, about 20 miles from downtown, showed police tape across the perimeter of the gas station.

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Pensioner killed in Venezuela supermarket melee, opposition says

By Andrew Cawthorne CARACAS (Reuters) - An 80-year-old Venezuelan woman died, possibly from trampling, in a scrum outside a state supermarket selling subsidized goods, the opposition and media said on Friday. The melee at the store in Sabaneta, the birthplace of former Venezuelan leader Hugo Chavez, was the latest such incident in the South American nation where economic hardship and food shortages are creating long queues and scuffles. The opposition Democratic Unity coalition said Maria Aguirre died and another 75 people were injured - including five security officials - in chaotic scenes when National Guard troops sought to control a 5,000-strong crowd with teargas.

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To regulate or not to regulate? EU to launch study on Uber

Brussels (Reuters) - The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S. start-up against conventional taxis across Europe, three people familiar with the matter said on Friday.

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Focus turns to U.S. data as China slowdown looms

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkAfter a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings. The economic figures will culminate in Friday’s jobs report that should reveal more about the strength of the U.S. economy.

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Exclusive - Carlyle looks to sell Landmark Aviation for $1.7 billion - sources

(Reuters) - Private equity firm Carlyle Group LP has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion (1 billion pounds), including debt, people familiar with the matter said on Friday.

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The 52-Week Low Club for Friday

The 52-Week Low Club for Friday

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