The little short before the big short?
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Supermarket still losing market share despite effort under Allan Leighton to win over customers with price cuts Asda is selling off 24 stores and a distribution centre – and leasing them back – to raise £568m in what has been called a “sign of weakness” as sales at the heavily indebted retailer continue to fall. The Leeds-based supermarket group, which is expected to release its quarterly results next week, has continued to lose market share to rivals as sales have gone backwards, despite an effort to win over shoppers with price cuts and improved stores. Continue reading… Source link…
An eight-year-old boy has died after being found unconscious at his home in Hong Kong in the early hours of Sunday. According to police, the boy’s sister contacted the force after discovering her brother unconscious at around 4am at their home in Sui Wo Court, Fo Tan. He was certified dead by medical professionals at the scene. A source said the boy had been ill and police were investigating the cause of death. Source link India News RBI intervention hoists rupee, but… Amid Delhi's toxic air… Congress must stop pretending to… Congress suffers early setback in… Stock Market Singapore's…
Hong Kong Chief Executive John Lee Ka-chiu has pledged to sharpen the city’s competitive edge to better serve the country’s development by applying the guiding principles of the fourth plenum in everyday governance. Lee also said the public should “thoroughly study and understand” the spirit of the fourth plenary session of the party to help promote the advancement of the nation’s modernisation. The calls came after a seminar by senior Beijing cadres to discuss the essence of the fourth plenum,… Source link India News RBI intervention hoists rupee, but… Amid Delhi's toxic air… Congress must stop pretending to… Congress…