Rising Inflation in Brazil
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Rising Inflation in Brazil

Brazil's inflation rate has risen due to a rise in electricity bills after a temporary discount expired. Housing costs increased the most while food prices continued to decline.

Challenges Faced by Petco Health & Wellness
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Challenges Faced by Petco Health & Wellness

Petco Health & Wellness is facing challenges amidst changing consumer behavior and rising costs in the pet industry. The company is adapting its strategies to cater to both premium and value-oriented pet food preferences.

Petco Reports Second Quarter Loss and Lowers Profit Outlook
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Petco Reports Second Quarter Loss and Lowers Profit Outlook

Petco Health & Wellness Co. reports second quarter loss and lowers profit outlook for 2023. CEO emphasizes commitment to improving business and cost-saving initiatives.

Norwegian Air Shuttle Reports Fall in Q2 Net Profit
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Norwegian Air Shuttle Reports Fall in Q2 Net Profit

Norwegian Air Shuttle reports decrease in Q2 net profit but remains optimistic about future demand. Total revenue rises by 41%. Passenger numbers increase. Company expects strong summer season.

Trump's Decision to Skip the Fox News Debate
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Trump's Decision to Skip the Fox News Debate

Former President Donald Trump discusses his decision to skip the Fox News debate and engages in an interview with Tucker Carlson, attracting significant attention and raising expectations among viewers.

Workers at Woodside Energy-Operated Offshore LNG Platforms Consider Strike Threat
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Workers at Woodside Energy-Operated Offshore LNG Platforms Consider Strike Threat

Workers at Woodside Energy-operated offshore LNG platforms are deliberating a potential strike that may disrupt global gas supplies. The agreement reached between Woodside and union representatives will now be voted on by members of the Off...

Netflix's Stock Surges on Promising Revenue Outlook
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Netflix's Stock Surges on Promising Revenue Outlook

Netflix's stock surged 5% on Wednesday after analysts expressed confidence in its revenue growth potential through new strategies. These initiatives include ad sales, subscription price hikes, and cracking down on password sharing.

U.S. Crude-Oil Stockpiles Projected to Decline
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U.S. Crude-Oil Stockpiles Projected to Decline

The Energy Department is set to release data on U.S. crude-oil stockpiles, with analysts and traders predicting a decrease from the previous week. Gasoline inventories are expected to decrease, while distillates stockpiles are projected to...

Analog Devices Shares Sink After Disappointing Guidance
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Analog Devices Shares Sink After Disappointing Guidance

Analog Devices shares fall after reporting underwhelming guidance for July quarter. CEO acknowledges challenges and mentions deteriorating economic conditions. Stock decline sends ripples of concern throughout semiconductor sector.

Harmony Gold Mining Expects Strong Fiscal 2023 Earnings
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Harmony Gold Mining Expects Strong Fiscal 2023 Earnings

Harmony Gold Mining predicts strong fiscal 2023 earnings due to higher gold prices, with a significant increase in earnings per share and met production target.