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global food and beverage giants adapt to changing market dynamics

Domino’s Pizza operates over 20,500 stores globally, focusing on franchise operations in the U.S. and international markets, supported by a robust supply chain. Kraft Heinz, a leading food company with $25 billion in annual revenue, derives most of its income from North America, while Kroger, a major U.S. grocery chain, offers a diverse range of products across its various store formats.

european stocks edge up as investors await federal reserve decision

European stocks closed slightly higher as investors awaited the U.S. Federal Reserve's interest rate decision. Renault shares surged 5.39% amid merger talks with Nissan and Honda, while U.K. inflation rose to 2.6%, dampening hopes for a rate cut from the Bank of England. The cost of renting in London jumped 11.6%, marking the fastest rise on record.

market outlook remains positive amid geopolitical tensions and economic uncertainties

Policymakers face challenges in reducing debt while avoiding tax increases, with U.K. Finance Minister Rachel Reeves addressing a £22 billion financing shortfall. Meanwhile, Maersk raised its 2024 EBITDA forecast to $11-11.5 billion, driven by strong demand and market conditions. Gold prices surged above $2,700 an ounce amid macroeconomic uncertainties, with analysts predicting further gains.
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