Europe Can’t Supply Ukraine With Weapons Fast Enough, Here’s Why
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2023-07-10 07:46
Xi Makes First Major Appearance After Floods That Ravaged North
Chinese President Xi Jinping made his first major public appearance after the country’s north was struck by devastating
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Marketmind: Inflation appetizer served before central bank main course
By Lewis Krauskopf A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent
2023-06-13 05:49
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials and underscored the pressure on the city's flag carrier to please Beijing.
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Airlines, suppliers warn of hit from RTX engine snag
Several airlines and aerospace suppliers warned of a hit from U.S. firm RTX's disclosure of a rare manufacturing
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Paragon Flags Disruption in Buy-to-Let Market: The London Rush
A recent surge in mortgage rates has led to fewer applications for buy-to-let products, Paragon said in a
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US auto workers, companies face off on day two of strike
Workers and management from the iconic "Big Three" auto giants were to face off at the negotiating table Saturday on the second day of a strike threatening to disrupt the economy...
2023-09-16 09:21
UBS Shares Rise as Lender Wins Back Credit Suisse Clients
UBS Group AG reported stronger-than-expected client inflows in its wealth-management business, boosted by the first signs of stabilization
2023-11-07 18:59
Older Americans can get RSV vaccine this fall after consulting their doctor, CDC says
Americans 60 and older can get a new RSV vaccine but should discuss it with their doctor first
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Hundreds of Wells Fargo users report issues with banking system
More than 700 users reported issues with Wells Fargo's banking system Thursday, according to Downdetector, with problems ranging from transferring funds to declining ATM cards.
2023-08-25 06:56
10 sneaky tricks restaurants use to get customers to buy more
The restaurant industry is ever-evolving and continuously bringing in new changes to menus to suit its demographic. Certain tricks in their menus allow restaurants to subtly nudge customers into enjoying a fuller dining experience, consequently increasing their spending. Sign up for our free Indy100 weekly newsletter To help diners avoid falling for these tricks, an expert at Menu Price lifted the lid on the sneaky tricks that encourage people to spend and consume more: Value menus Restaurants introduce value menus with meals of different price points. The restaurant hopes that it will motivate customers to opt for the priciest range of the value menu, which has more options, or to bypass the value menu entirely due to its limited options. This strategy ultimately translates into increased profitability. "If a restaurant's value menu features items like burgers, pizza, and spaghetti, but your preference leans towards a steak, you'll find yourself ordering the steak at its regular cost, bypassing the value menu. This scenario directly contributes to a higher profit for the restaurant," says a Menu Price expert. Emphasis on certain menu items Restaurants strategically highlight specific dishes, often those with higher profit margins, drawing customer attention to these preferred items through menu placement and design cues. The use of colour Warm hues like red and yellow can trigger hunger, while cooler shades like blue make meals seem more refreshing. Strategically deploying these colours in their menus helps restaurants subtly sway customer choices. Photographs used sparingly To maintain a sophisticated aesthetic, restaurants use photographs sparingly, only emphasising selected dishes, making them more appealing to the eye and tastebuds alike. Descriptive language Vivid descriptions of dishes can create a compelling image in customers' minds, making the menu items more appealing and increasing the likelihood of ordering. Avoiding currency symbols Menus without currency symbols can encourage higher spending, as prices appear less intimidating. "Keep a close eye on prices, even when restaurants fail to integrate dollar signs. This can help you avoid paying more than you want for a meal," the expert said. Anchor items Restaurants place some of their most expensive items next to even more costly options. The Menu Price expert added: "When customers see a pricey dish positioned next to an even more expensive option, they are more likely to perceive the less costly of the two as a 'better deal." Use of boxes Boxes and borders draw attention to specific items, creating a visual 'stage' that makes these dishes stand out. "This technique is often applied to high-profit items, specials, or unique offerings," they said. Keeping portion sizes secret Restaurants offer full or half salads or sandwiches without revealing the portion sizes. Despite any clear explanation, consumers assume that half sizes are overpriced and the full size is more cost-effective. "Customers perceive they are getting a better deal without even knowing the real serving size of the food options." Difficult-to-read font Using complex fonts in menus can slow customers' reading, promoting more profound engagement with dish descriptions. This added interaction can enhance dishes' perceived worth and exclusivity, thereby subtly inspiring a readiness to spend more. Remain vigilant during your next dining experience and see how many of these subtle tricks you can spot and how much money you can save on your meal. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-04 14:29
ECB’s Villeroy Says Fuel Jolt Won’t Affect 2% Inflation in 2025
The recent increase in oil prices won’t derail the European Central Bank’s fight to tame inflation, according to
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