Coach Sales Fall Again

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Coach Inc. said profit plunged in its latest quarter as the handbag and accessories maker reported deteriorating sales and restructuring-related charges. But the company issued upbeat guidance.

Ctrip and Tencent Take an eLong Journey

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Tencent’s bid for a piece of eLong shakes up Ctrip’s plans to consolidate China’s burgeoning online travel market.

BMW Isn't Priced to Move

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BMW’s profitability is under pressure on higher costs amid new model launches, but China remains the biggest uncertainty.

China's Response to Stock Rout Exposes Disarray

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Conflicting moves and a lack of coordination hampered Beijing’s initial response to its stock-market rout, raising questions about whether Chinese authorities will be up to the challenge of implementing market changes.

Office Depot Sees Sales Slide 10%

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Office Depot Inc., awaiting regulatory approval of its merger with rival Staples Inc., saw sales slide in its second-quarter as currency headwinds, store closures and a declining market in the face of an increasingly digital workplace dented results.

Global Inflation Remains Stubbornly Low

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Global inflation rates were unchanged in June even as some central banks prepare to raise their key interest rates for the first time since the global financial crisis.

Higher Spending Should Drive Up Car Makers' Margins

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Car sales probably can’t get much stronger than they were in July, but Americans will find another way to spend their money.

Puerto Rico Defaults on Most of Debt Payment

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Puerto Rico missed most of a $58 million bond payment Monday, the first default by the U.S. commonwealth in what may become one of the largest restructurings in the history of the $3.7 trillion market for debt sold by U.S. state and local governments.

China Manufacturing Gauge Hits Two-Year Low

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The Caixin China manufacturing purchasing managers index, a gauge of nationwide manufacturing activity, fell to 47.8 in July from 49.4 in June.

Big Banks Charge Ahead With Cards

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Consumer demand for credit is rising while big banks lower their standards and raise credit limits.

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