Category: flop
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We’ve seen the flop and the turn, it is now on to the river
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With the US labor market under intense scrutiny right now, nothing is more important than Friday’s jobs data. Nonfarm payrolls will be crucial in determining how markets end the week. And it’s not just the headline numbers that will matter, the details – especially the unemployment rate – will matter…
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BAT sells factory parts on nicotine pouch licence flop
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Bat Kenya is selling the machines installed at its Nairobi nicotine pouch factory, which has been idle for about five years as the government has refused to grant a marketing license for the new product. The cigarette maker announced the decision on Thursday in a commentary accompanying its financial results…
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Analysis-China’s retail outlook dims after mid-year shopping festival flop By Reuters
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By Casey Hall SHANGHAI (Reuters) – China’s retailers face a difficult near-term future after a disappointing mid-year online shopping festival that cast a shadow over the recovery prospects of the world’s second-largest economy. E-commerce sales fell for the first time during the so-called 618 Festival that ended last week, reports…