Volkswagen's works council demands clarity on VW brand turnaround plan
BERLIN Volkswagen's works council is demanding more information on a cost-cutting and efficiency drive being drawn up for
2023-09-19 21:16
Irish central bank warns government that it risks stoking inflation
By Padraic Halpin DUBLIN (Reuters) -Ireland's central bank said the country's inflation outlook is broadly unchanged from three months ago
2023-09-19 20:47
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
US plans to monitor $6bn to Iran. Experts are sceptical
Washington says it can police how Tehran uses the prisoner swap windfall. Analysts aren't so sure.
2023-09-19 06:23
IMF pledges to stay in 'our lane' on climate
The US, a major backer of the IMF, has been pushing to refine the mission of the global lender.
2023-09-19 04:23
Evergrande's woes deepen after police detain staff at its wealth management unit
Chinese police have detained some staff of Evergrande's wealth management unit after the company failed to repay investors, in the first criminal probe launched against the embattled property developer since it was hit by a massive debt crisis in late 2021.
2023-09-18 16:25
Thai cabinet approves higher budget of $97.6 billion for fiscal year 2024
BANGKOK Thailand's new cabinet approved on Monday a budget plan for higher spending of 3.48 trillion baht ($97.64
2023-09-18 16:23
China Evergrande shares tumble 25% after wealth management staff detained
HONG KONG Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some staff
2023-09-18 09:57
Contract negotiations: UAW strike puts the four-day workweek back in focus
When the United Auto Workers called a strike last week against General Motors, Ford and Stellantis, one of their demands focused on an idea circulating on the periphery of labor reform circles.
2023-09-18 05:24
China police detain some Evergrande wealth management staff
BEIJING Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a
2023-09-17 12:48
Chinese electric cars will reduce UK emissions but what about rivals here?
Chinese car imports will help the UK hit its net zero goal but could damage its own car industry.
2023-09-16 05:24
Former Wells Fargo executive avoids prison time for her role in fake-accounts fraud
Former Wells Fargo executive Carrie Tolstedt was sentenced to three years' probation on Friday for her role in the bank's sprawling fake-accounts scandal.
2023-09-16 02:50