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In the U.S. Commerce Department issues Business Inventories for July at 1230 GMT. Economists expect a median fall of 0.2 percent, versus a rise of 0.1 percent in June. Production figures from the world's largest economy are due out at 1315 GMT and are expected to show a rise of 0.2 percent, versus a gain of 0.5 percent in July. Sweden has decisively rejected the European Union's single currency Astra Zeneca launch's its top new drug hope Crestor in the crucial U.S. market on Monday, London's Times newspaper said, without citing sources.BP Shell Oil prices hit their lowest level in four months on Friday as a powerful hurricane in the Atlantic looked likely to pass to the north of U.S. Gulf oil and gas installations.Telewest agreement on restructuring is likely to be posted to creditors over the next two months, a source close to the talks said on Friday. Aegis Group media advertising said it had agreed to buy Belgian research business Censydiam Group for up to 8.75 million euros Whitbread possibly wants to buy Premier Lodge The average house price rose by nearly 15 percent in the year through July with the average price of a property in July was 156,273 pounds, up 14.6 percent from a year earlier. The new monthly index, which is being compiled on an experimental basis by the office of the deputy prime minister, is based on the price of 25,000 properties sold each month.
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