Bloomberg After almost four decades spent targeting London’s office workers with upscale fare like salmon and avocado protein pots, Pret A Manger Ltd is taking aim at a different clientele: suburban Brits facing the worst cost-of-living crisis since the Thatcher era. As the sandwich chain expands across the UK, where prices are climbing at the fastest pace since 1982, ...

  Bloomberg China Eastern Airlines Corp outlined several actions it needs to undertake before operating Boeing Co’s 737 Max again, including modifications to the aircraft and further pilot training, damping hopes the narrowbody will return to Chinese skies any time soon. Li Yangmin, vice chairman of the Shanghai-based state-owned carrier, indicated to investors at a virtual briefing that the airline ...

Bloomberg J M Smucker Co is recalling some Jif peanut butter products sold in the US and Canada because of potential Salmonella contamination. The Orrville, Ohio-based company expanded its recall of the popular brand of peanut butter products to Canada, a day after announcing a voluntary recall in the US. Consumers that have various crunchy, creamy and squeeze products should ...

Bloomberg US President Joe Biden said that he wasn’t concerned about the possibility of North Korea holding a nuclear test while he’s in Asia. “We are prepared for anything North Korea does,” Biden told reporters in Seoul. “We’ve thought through how we’d respond to whatever they do, and so I am not concerned.” US intelligence has shown that North Korean ...

Bloomberg Poland’s president said he “will not rest until Ukraine becomes a full-fledged member” of the EU as he addressed lawmakers in Kyiv and met with President Volodymyr Zelenskiy. President Recep Tayyip Erdogan spoke with Nato chief Jens Stoltenberg and the leaders of Finland and Sweden, reiterating his reservations about the Nordic nations’ bids to join the military alliance. President ...

Bloomberg Recently ousted Pakistani Prime Minister Imran Khan asked his supporters to march on Islamabad, the nation’s capital, for a sit-in on May 25 as a way to press the government to quit and call new elections. Khan’s move is likely to fuel further political instability in a country already facing an economic crisis from rising inflation. At a press ...

Bloomberg Boris Johnson didn’t use a meeting with a top civil servant to try to influence her report about illegal parties held at the centre of government during the Covid-19 pandemic, said Education Minister Nadhim Zahawi. Sue Gray is expected to release her report into what the UK media has dubbed “partygate,” a scandal that’s dogged the prime minister’s administration ...

  Bloomberg Thailand’s capital was expected to vote for a new governor for the first time in almost a decade with the winner facing the challenges of rebuilding Bangkok’s pre-pandemic status as a tourism hub and tackling persistent pollution. More than 4.4 million people, including an estimated 700,000 first-time voters, will pick the next governor from a list of 30 ...

  Bloomberg European Central Bank (ECB) President Christine Lagarde said cryptocurrencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings. Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, which is ...

  Bloomberg Gold stored at the Bank of England (BOE) has been trading at an unusually low price, in a sign that central banks may be shedding some of their holdings. The Bank of England’s vaults contain 5,676 tons of bullion, one of the largest stockpiles in the world, which it holds on behalf of other central and commercial banks. ...