Treasury Wine Result Takes Heat Out of Bid Battle

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Australia's Treasury Wine Estates Ltd.—embroiled in a takeover battle between private-equity firms—hit the bottom end of its annual earnings guidance, easing pressure on the suitors to raise their bids.

Lexus Cuts Parts 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.

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.

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.

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.

Australia Watchdog Supports Fung's Casino Takeover

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Hong Kong investor Tony Fung's bet on Australian gambling has support of competition regulator, which said it wouldn't block the planned acquisition of a casino.

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.

Market Chilly to Argentine Debt Proposal

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Argentina's options are dwindling after its latest proposal to exit default by sidestepping a U.S. court order met with skepticism in financial markets on Wednesday.

Corn, Soybean Yields Shoot Higher

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Estimates of corn yields from the Pro Farmer crop tour mostly have exceeded U.S. Agriculture Department estimates, adding pressure to corn prices. Also, much of the nation's soybean crop is in good health.

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