Doritos, Ruffles, Lay’s bags to get bigger in temporary fix to reverse ‘shrinkflation’

Doritos, Ruffles, Lay’s bags to get bigger in temporary fix to reverse ‘shrinkflation’

PepsiCo is trying to win back customers turned off by “shrinkflation” with a special promotion that offers more potato chips in bags of Lay’s, Doritos, Tostitos and Ruffles. The company told CNN that “bonus” bags of Tostitos and Ruffles will contain 20% more potato chips for the same price as standard bags in select locations. … Read more

WTI, Brent edge lower after selloff

WTI, Brent edge lower after selloff

U.S. crude futures edged lower Wednesday to close below $71 per barrel, after selling off steeply in the previous session on reports that Israel will not attack Iran’s oil facilities. The U.S. benchmark tumbled more than 4% on Tuesday after Israel told the U.S. that it will limit its retaliatory strikes to military targets in … Read more

Mayor and 15 others killed in Israeli strike

Mayor and 15 others killed in Israeli strike

The UN’s special coordinator for Lebanon has criticised Israel after air strikes on municipal buildings in the southern city of Nabatieh killed the mayor and 15 other people. Jeanine Hennis-Plasschaert called the killing of mayor Ahmad Kahil “alarming” and said any violations of international humanitarian law were “completely unacceptable”. At least five of those killed … Read more