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By David Shepardson The United Auto Workers union said on Thursday it filed unfair labor practice charges with
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Marketmind: US inflation cheer gives stocks best week this year
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
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Hyundai, LG to spend $2 billion more on Georgia battery plant
By David Shepardson (Reuters) -Hyundai Motor Group and LG Energy Solution will boost their joint investment in a Georgia battery
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Factbox-Amgen-Horizon deal joins mega mergers facing regulatory heat
A U.S. antitrust regulator said on Tuesday it will sue to stop Amgen's $27.8 billion deal for Horizon
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Subway enthusiasts stew over launch of first ever 3-inch sandwich
Fans of Subway’s sandwiches are up in arms after stores in Pakistan launched its first ever 3-inch mini sub as a budget-friendly option. The bite-size sandwich, which recently appeared on Pakistani menus and in social media posts, provides “value” to customers, a spokesperson for Subway told Bloomberg News last week. The new size is half the length of the company’s previous smallest sandwich, which is six inches. Its largest size, otherwise known as the “footlong” sub, is 12 inches. But the newer, cheaper, size is said to be a more bite-sized option to fulfil a “snack craving”. Announcing the launch, a post shared by Subway Pakistan’s Instagram account read: “Say hello to our NEW Mini Sub! The perfect treat for your snack cravings! Get ready to fall in love with its incredible flavors!” A second post added, “Our New Mini Sub is the cutest explosion of taste you’ll ever experience!”, followed by the slogan: “Unleash the mini magic”. The reduced size comes as Pakistan contends with Asia’s fastest rates of inflation, which has seen double-digit percentage increases in the price of fuel amid a cost of living crisis. The August data from Pakistan’s statistics bureau showed that food inflation was elevated at 38.5 per cent. Confronting rising prices, many restaurants have reportedly increased prices on their menus or reduced portion sizes. Pakistan was saved from debt default after securing a further $3bn bailout disbursement from the International Monetary Fund (IMF) in July. However, the deal has come with specific measures attached, including an increase in fuel and energy prices. These rising energy costs have sparked protests among citizens across the country. Meanwhile, Subway fans have been expressing their disappointment about the “tiny” size of the new sandwich. “No one is walking outta the shop after eating this and feeling full,” wrote one Twitter/X user. “That’s like 2-3 bites!” wrote one social media user, as another added: “This would barely feed a toddler.” While it seems that the mini sub has only been rolled out in Pakistan so far, it is unconfirmed whether the menu item will be available at other global stores. The Independent has contacted Subway for comment. Read More Tea enthusiasts stew over 60-second PG Tips teabag: ‘It’s a massive step backwards’ Dunkin’ fans appalled by amount of sugar in Ice Spice’s Munchkins Drink: ‘This should be illegal’ Millennial woman reveals everything Gen Z coworker has taught her: ‘Class was in session’ Three recipes from Michel Roux’s new fuss-free French cookbook How to cook to keep your gut healthy The symbolic foods that are eaten on the Jewish New Year
2023-09-19 17:48

Sierra Bancorp and Bank of the Sierra Name Natalia Coen Executive Vice President, Chief Risk Officer
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2023-08-31 08:15

Fenwick law firm hires Gibson Dunn to defend work for bankrupt FTX exchange
By Andrew Goudsward Law firm Fenwick & West has hired its own outside legal team as it faces
2023-06-22 04:21

Hedge Fund Alum George Noble Shutters New ETF After 59% Plunge
Hedge-fund veteran George Noble’s foray into the exchange-traded fund industry is ending after less than a year. The
2023-08-11 03:47

Drugmakers Eye $23 Billion Biotech Argenx Ahead of Key Data
European biotech firm Argenx SE is scheduled to release key drug trial data this summer. Deal-hungry Big Pharma
2023-05-17 16:20

IMF sees economic growth in the Mideast improving next year. But the Israel-Hamas war poses risks
The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade
2023-10-13 00:22

Harvard to Add Antisemitism to DEI After Ackman Criticism
Harvard University President Claudine Gay responded to criticism by students and alumni including Bill Ackman that the school
2023-11-10 21:46

Delta trims full-year profit outlook on higher fuel costs
By Rajesh Kumar Singh CHICAGO Delta Air Lines on Thursday reported stronger-than-expected quarterly earnings, but trimmed its full-year
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