The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
(Adds statement from Louis Vuitton)
MEXICO CITY, July 9 (Reuters) - The Mexican government has questioned Louis Vuitton's use of a traditional Mexican pattern in the design of a chair, less than a month after it sent a similar letter to another prominent fashion house.
The culture ministry said in the letter dated July 5 that it was surprised to find one chair in the Dolls by Raw Edges collection by the Paris-based fashion house featured the designs of Mexican artists in Hidalgo.
"We feel obliged to ask, in a respectful manner, if for the elaboration of the chair mentioned you sought and, in this case, worked together with the community and its artists," the letter said.
The French fashion house owned by LVMH Moet Hennessy Louis Vuitton SE said in a statement: "We are currently in a relationship with artisans of Tenango de Doria in the state of Hidalgo, Mexico, with the perspective of collaborating together to produce this collection."
It is the second time in less than a month that the Mexican government sent such a letter. In June, it questioned the fashion house founded by Venezuela-born designer Carolina Herrera for "cultural appropriation" of indigenous patterns.
Fashion designers have a history of incorporating indigenous patterns into their works but the extent to which they have done so without acknowledging their origins or fairly compensating communities has become a point of contention.
Mexico's ruling leftist National Regeneration Movement has been planning legislation to protect indigenous communities from plagiarism and having their work used by others without receiving fair compensation.
(Reporting by Diego Ore Additional reporting by Stefanie Eschenbacher Editing by Paul Simao and Lisa Shumaker)