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US retail sales weaken

America's retailers enjoyed a record 2011 and their first $US400 billion ($A389 billion) sales months ever. But the final month of the year was a dud. Sales eked out a 0.1 per cent increase in Dece..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday: BHP - BHP BILLITON LTD - up 19 cents, or 0.53 per cent, at $36.37 FMG - FORTESCUE METALS GROUP LTD - down three cents, or 0.64 per cen..

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Key debt crisis deals near

Negotiators on Thursday reached an outline deal on a European pact to restore balanced budgets and Greece voiced hope it will secure a private debt write-down, as Italy and Spain sailed through their ..

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