Origin Energy Pulls Share Issue

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Origin Energy surprised investors by dropping plans for a share issue in favor of a European debt raising, signaling confidence in brighter days ahead.

Lexus Cuts Spare-Part Prices in China

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Toyota's luxury brand Lexus will cut the price of spare parts by 26% in China, joining other foreign car makers in appeasing Chinese regulators amid an antitrust investigation into the country's automotive industry.

Russia Shuts Four Moscow McDonald's Branches

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Russia temporarily closed four McDonald's restaurants in Moscow, citing sanitary violations, amid the country's most-serious confrontation with the West since the Cold War.

Nobel Biocare Profit Doubles On U.S. Sales

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Nobel Biocare said second-quarter profit nearly doubled after sales of its dental implants rose in the U.S. and Asia.

Family Dollar CEO Said to Guard Job

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The chief executive of Family Dollar Stores dismissed multiple requests from Dollar General to pursue a merger because he was worried about being forced to step down, Dollar General CEO Rick Dreiling said.

Ahold Profit and Sales Pressured

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Dutch retailer Royal Ahold reported a 29% fall in second-quarter profit as fierce competition and a weaker U.S. dollar continued to weigh on margins and sales.

Treasury Wine Result Takes Heat Out of Bid Battle

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Australia's Treasury Wine Estates Ltd.—enmeshed in a takeover battle led by two private-equity firms—hit the bottom end of its annual earnings guidance, easing pressure on the suitors to raise their evenly matched offers.

Coolpad Eyes Overseas Expansion

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After overtaking Samsung Electronics to become the third-largest smartphone maker in China, Coolpad, a brand little known outside of the country, is now setting its sights overseas.

Beijing Capital Airport Profit Flat

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Beijing Capital International Airport's first-half profit was flat compared with a year earlier, capped by slower air-traffic growth and limited handling capacity.

Bond Sales in Africa Losing Allure

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African governments are on pace to issue a record amount of bonds in 2014, but global investors' appetite for African bonds may be testing its limit.

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