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Weekly Global News Wrap: McDonald’s pledges net-zero emissions by 2050; Burger King to test meatless nuggets; Mass exodus of U.S. hospo workers looming

Here is a summary of the most interesting news stories of the week from around the world.

McDonald’s upped the ante on its sustainability targets, promising to effectively eliminate emissions across all its global restaurants and supply chain by 2050. As reported by Restaurant Business, the fast food giant claims to have cut back on emissions at its restaurants and offices by 8.9% since 2018 and has cut back on emissions in its supply chain by 5.9% since 2018. Read more here

Burger King will test Impossible Foods’ meatless nuggets in several markets, making it the first chain to offer the chicken alternative, CNBC reported. The chain first worked with Impossible Foods two years ago to sell its meatless burgers. Read more here.

TGI Fridays has partnered with Reef Technology to launch as many as 300 delivery restaurants in the United States, Canada and elsewhere internationally over the next five years. As Nation’s Restaurant News reported, the first TGI Fridays ghost kitchen is expected to launch in Reef’s headquarters city of Miami. Read more here.

U.S. restaurants struggling to hold onto their employees are expected to be hit by a major setback. New research.cited by Restaurant Business said a survey of 13,659 wage earners by online job marketplace Joblist saw that 58% of restaurant and hotel employees intend to quit their jobs by the end of the year. Read more here.

Raising Cane's Chicken Fingers is responding to the country’s restaurant industry's labor shortage with an unconventional move: asking its corporate employees to work as fry cooks and cashiers, CNN reported. Read more here.

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Lim Hee Liat and Chia Cher Khiang stepped down from their roles in the company after they were charged under Singapore’s Securities and Futures Act.
It previously announced it will be shutting down or suspending the operations of around 300 restaurants.
The owners of the Wagas business are seeking a valuation of US$800 million to US$1 billion or more.
The chain also launched its own ready-to-eat items under its own brand 7-SELECT.
It is also getting a majority stake in the firm that owns bubble tea chain Milksha.
Over eight neighbourhoods will be catered for by the new site.
The partnership will help Zomoz scale to more than 300 retail and cloud outlets pan India over the next 30 months.
Affected employees would be redeployed within the group.
The American seafood chain has 21 locations in Singapore.