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Guzman y Gomez (ASX:GYG) shifts focus to domestic growth, targeting 1,000 Australian stores after exiting the United States market.

Joel Montaniel, Co-Founder and CEO of SevenRooms, discussed the company's new platform, Channel Connect, which aims to simplify reservation management for restaurants by consolidating bookings from multiple channels into a single system. Unlike the hotel industry, where centralized booking systems are common, restaurants currently manage reservations across various apps and platforms, often using multiple devices, creating operational challenges. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

James Beard award wining Chef Kwame Onwuachi, chef of hit restaurants Tatiana, Dōgon, and more, talks about the opening of his new restaurant in Las Vegas, Maroon. He discusses how the infusion of his Afro-Caribbean culture into his restaurants has connected to so many people. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Yum! Brands is selling the chain to private equity firm LongRange Capital. The deal is expected to close in the third quarter. Yum! will now focus more on its better-performing Taco Bell and KFC chains. Michael Halen of Bloomberg Intelligence is on "Bloomberg Open Interest."

Ingredion Inc. agreed to buy Tate & Lyle Plc for £2.7 billion ($3.6 billion), and will end the UK company's near-century listing on the London Stock Exchange. Ingredion Chief Executive Officer James Zallie says the US company paid a "fair" premium and this deal creates an ingredients "powerhouse." He speaks on "Bloomberg The Close."

Hormel Foods reported adjusted earnings per share and organic sales for the second quarter that exceeded analyst expectations, driving a notable increase in its stock price. John Ghingo, President of Hormel Foods, discussed the company's ongoing turnaround plan and its positive impact on results. He speaks with Romaine Bostick and Katie Greifeld on "The Close."

Cava CEO Bret Schulman discusses the success of his restaurant and just what distinguishes them from the competition. He talks about the Mediterranean cuisine that distinguishes his brand. He speaks with Romaine Bostick on "The Close."

UK Chancellor of the Exchequer Rachel Reeves is set to announce a package of measures, dubbed "Great British Summer Savings," in an effort to ease cost-of-living pressures made worse by the Iran war. Bloomberg's James Woolcock reports.

Airbnb Chief Executive Officer Brian Chesky says he's trying to build "an ecosystem of services" for customers. The company will help guests arrange for luggage storage, food delivery and car rentals. He speaks on "Bloomberg The Close."

UK inflation fell to its lowest rate in more than a year, prompting traders to bet on fewer Bank of England interest-rate hikes even though economists expect price pressures to return. Bloomberg's Sam Unsted reports.