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Lloyds, Britainâs biggest mortgage lender, reported itsfirst profitable six-month period in three years, and Metro,Germanyâs largest retailer, lowered prices at its electronicsunit to lure shoppers. A Chinese government gauge of purchasingmanagers was at 50.3 in July, compared with a median 49.8 estimate in a Bloomberg survey. While data in the U.S. showed gross domestic product beat forecasts in the second quarter, the Fed maintained its bond-buying program and said persistently low inflation poses a risk.
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