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| Kathmandu hit with $4 million in currency woes: still smashes profit Outdoor retailer Kathmandu has lifted net profit by 23% to $NZ12.3 million for the first half of fiscal 2017. CEO Xavier Simonet said the result defied market conditions. "It is pleasing to exceed last year's first- half net profit while absorbing c. $ 4m ofadverse foreign currency impacts in gross margin.
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| President Trump issues new sanctions against Venezuelan digital currency President Donald Trump imposed new sanctions against the Venezuelan government Monday targeting the government's new digital currency. The measures were spelled out in an executive order Trump signed blocking U.S. financial transactions involving Venezuela's version of the "bitcoin" created ...
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