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RESTAURANT INDUSTRY IMPACT
FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
India's consumption story changes track as OTT, travel and premium phones outpace staples: ReportThe report titled "The Great Consumption Shift" said, "Indian wallet has moved from cereal to data to OTT to mobiles," highlighting how Ind...
Dubai hospitality gets a nine-day breather during Eid al-Adha holidaysIn anticipation of the Eid al-Adha holidays, hotels across Dubai and Abu Dhabi are seeing a notable spike in reservations, a promising sign...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
Oil price shock to widen current account deficit, push inflation higher as US-Iran war continues: ExpertWith no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former Econom...
Eating out or ordering online may soon cost more: Food services set to become 5–10% costlier starting next week amid fuel price hikeEating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant costs. This will lead to a 5-10% rise in...
Iran war energy shock drives India's interest in ethanol and other biofuelsIndia and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil ...
Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...
Charting the global economy: US job growth exceeds projectionsUS employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised ...
In 1948, Richard and Maurice McDonald Watched Cars Pile Up Outside Their Restaurant: That Frustrating Delay Established the Foundation for McDonald’sIn the late 1940s, McDonald brothers tackled operational bottlenecks at their drive-in. They radically simplified their menu, halved prices...
Commercial LPG hike: Delhi restaurant owners warn of higher menu rates, job lossesCommercial LPG cylinder prices have surged, impacting Delhi's food businesses. Restaurant owners and street vendors warn of higher menu rat...
Job losses to worsen due to commercial LPG price hikes, Industry associations sayHotels and restaurants are facing a severe blow due to a significant hike in commercial LPG cylinder prices. Industry associations are urgi...