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A crisis at Country Garden Holdings Co., formerly China’s biggest developer, deepened at the start of the week
2023-08-14 11:19

Failed North Korea Rocket Is Intelligence Win for Kim’s Foes
A North Korean satellite launch that ended in failure will provide a trove of information about the secretive
2023-06-19 08:29

Hedge Funds That Spread Quant Bets Are Having a Moment in China
Hedge funds that deploy a basket of computer algorithms for trading are gaining popularity in China after many
2023-06-20 07:46

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

China Continues to Rescue Pakistan Amid Uncertain IMF Bailout
Pakistan is pinning hopes that China will continue to ease its payments pressure by extending loans as concerns
2023-06-16 20:17

Fluor Selected to Provide Front-End Engineering and Design for Low-Carbon Blue Ammonia Facility
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2023-10-06 04:27

Chinese AI firm SenseTime denies research firm Grizzly's claim it inflated its revenue
SenseTime, a major Chinese artificial intelligence company known for its facial recognition technology, has rejected claims by a research company that it has inflated its revenue
2023-11-28 17:45

Hong Kong May Relax Some Mortgage Rules, Chan Says
Hong Kong’s government is considering marginally relaxing mortgage loan-to-value ratios for some residential property purchases, the city’s finance
2023-06-25 14:56

Cue Health Achieves Groundbreaking Milestone with FDA: First Company to Receive De Novo Authorization for a COVID-19 Home Use Test
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2023-06-07 03:53

Technip Energies and John Cockerill Reach Closing of Rely, a New Company Dedicated to Integrated Green Hydrogen and Power-to-X Solutions
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2023-11-30 14:19

Inside the Coups and Concessions That Brought Altman Back to OpenAI
The braintrust that turned OpenAI into the world’s best-known artificial intelligence startup huddled at Sam Altman’s home in
2023-11-23 04:16

Middle East conflict: Have markets really moved on from fear?
By Naomi Rovnick and Marc Jones LONDON After Hamas' incursion into Israel on Oct. 7 jolted world markets,
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