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Restaurant Recovery: Macquarie Has Picked Winners, And Jubilant Isn't On The List

India's quick-service restaurant (QSR) industry is showing early signs of demand recovery, but Macquarie highlights rising costs and intensifying competition from food-delivery aggregators as reasons for its cautiousness. According to Macquarie, post-fourth-quarter trends indicate a gradual improvement in dine-in demand across restaurant chains. Within the sector, Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld. However, the recovery remains uneven and is being overshadowed by inflationary pressures and the growing dominance of delivery platforms such as Zomato and Swiggy. The brokerage said same-store sales growth across the listed QSR universe is tracking broadly in line with or slightly ahead of fourth-quarter levels. However, restaurant brands continue to trail delivery aggregators in growth, highlighting a structural shift in consumer behaviour. To counter this trend, restaurant operators have increa...
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China Deliberately Engineered Coronavirus As "Bioweapon": Wuhan Researcher

A researcher in Wuhan has claimed that China deliberately engineered coronavirus as a "bioweapon". The explosive claim was made by Chao Shan in an exclusive interview with Jennifer Zeng, a member of the International Press Association, who provides first-hand information and unique insights about China and the Chinese Communist Party (CCP). Mr Chao said he and his colleagues were tasked with identifying the most effective strain for spreading among various species, including humans. The full interview has been posted by Ms Jennifer on her blog.

She has also posted a video on her Twitter handle where the human rights activist describes what Mr Chao, a researcher at Wuhan Institute of Virology, told her.

Ms Jennifer's blog mentions that the interview was conducted in September 2021. She said that Ms Chao was given four strains of coronavirus by his superior in Nanjing City in 2019 to test which one of them was the most virulent and transmissible.

Mr Chao tested the virus on human ACE2 receptor, bats and monkeys.

Mr Chao also called the coronavirus a "bioweapon".

He also mentioned in the 26-minute interview that several of his colleagues went missing during the 2019 Military World Games in Wuhan. Later, one of them revealed that they were sent to hotels where athletes from various countries were staying to "check the health or hygiene conditions". Since checking hygiene doesn't require virologists, Chao Shan suspected that they were sent there to spread the virus.

However, commenting on Mr Chao's claims, Ms Jennifer said that it is just a small piece of the entire puzzle.

So far, the true origin of the pandemic that has caused nearly 7 million deaths worldwide, or even more, is still under exploration.



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