Impacting

Kraft Heinz cuts down on 2024 predictions due to elevated prices impacting consumer demand – Reuters

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Kraft Heinz cuts down on 2024 predictions due to elevated prices impacting consumer demand – Reuters

By Savyata Mishra (Reuters) – Kraft Heinz (NASDAQ:) adjusted its annual forecasts for organic sales and profit on Wednesday due to repeated price hikes impacting demand for the company’s branded products such as Lunchables meal kits and Oscar Mayer cold cuts. Shares of the company fell more than 3% before the market opened, as it … Read more

Japan’s Ruling Coalition Faces Challenges with Poll Results Impacting BOJ Rate Path

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Japan’s Ruling Coalition Faces Challenges with Poll Results Impacting BOJ Rate Path

(Bloomberg) — Support for Japanese Prime Minister Shigeru Ishiba’s ruling coalition is continuing to soften in the runup to this coming weekend’s election, two polls showed, indicating the possibility that the vote may result in a weakened and unstable administration. Most Read from Bloomberg A Kyodo News poll showed 22.6% of respondents backing Ishiba’s ruling … Read more