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| UPDATE 1-Schneider Electric ends 2017 on high note despite currency headwinds UPDATE 1-Schneider Electric ends 2017 on high note despite currency headwinds ... earnings before interest, taxes and amortization (EBITA) of 3.65 billion euros ($4.55 billion), giving an adjusted core profit margin of 14.8 percent and offsetting stronger-than-expected negative currency effects.
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| Student nonprofit collects foreign change for Boys & Girls Club That moment got him thinking about how much foreign currency gets wasted by people when they return from trips. "That really blew my mind," he said. "There's a lot of potential here. We could potentially raise money and make a difference in the community." Upon returning to Evanston, Taylor said he ...
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| Iran arrests currency traders and shuts offices Iranian authorities closed almost a dozen currency-exchange offices and arrested traders, part of an effort to stem a fall in the value of the rial that could push up prices at a time of growing discontent. The rial weakened to 49,580 to the dollar in unregulated trading on Tuesday, according to state-run ...
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| Schneider overcomes currency headwinds, closes year on strong footing Schneider Electric finished the year strongly with the French industrial group overcoming currency headwinds as the global economy pushed its results upwards. Schneider, which is involved in power distribution and produces power equipment and energy-efficiency products for business and retail, saw ...
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| Schneider Electric ends 2017 on high note despite currency headwinds Feb 15 (Reuters) - French electrical equipment producer Schneider Electric posted a 90 basis point increase in adjusted core profit (EBITA) margin on Thursday, beating its own target, driven by improving prices and cost management. The group reported "record" adjusted earnings before interest, taxes ...
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| Ringgit, Asia's second best performing currency last year The ringgit is likely to perform better this year, cemented by Malaysia's improved balance of payments (BOP) last year that enabled the country to remain as a net lender, analysts said. [NST file photo]. By NST Business - February 15, 2018 @ 1:57pm. KUALA LUMPUR: The ringgit is likely to perform ...
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| What is fiat currency? If trust in the value of a currency is eroded then it loses its value. And that trust is based on actors in the economy believing it is worth something. For example, when the government of Zimbabwe started issuing more money, that created, eventually, a situation where no-one trusted the value of the ...
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| Rand rallies to under R11.70/$ as Zuma says 'I resign' "We have seen other emerging market currencies also trade stronger today with the Brazilian real also 2.5% stronger against the greenback. The commodity market has also put in a strong performance today with gold back above $1 350 and the equity markets all in the green. US treasury yields is also ...
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