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| UPDATE 1-Telefonica Q1 core profit down 3.9 pct on currency pressures UPDATE 1-Telefonica Q1 core profit down 3.9 pct on currency pressures ... Spanish telecoms firm Telefonica on Thursday posted a 3.9 percent fall in first quarter core profit from a year earlier, in line with analyst expectations, as improvements in the domestic market were offset by currency pressures.
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| VW Q1 profit drops nearly 4% on accounting, currency, tech-cost factors BERLIN -- Volkswagen Group posted a surprise drop in first-quarter operating profit as accounting changes, currency headwinds and technology costs weighed on results. Group earnings before interest and taxes declined 3.6 percent to 4.21 billion euros ($5.13 billion), VW said in a statement on ...
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| Heading abroad this summer? Peer-to-peer currency sites might be the cheapest way to pay Research by currency exchange firm WeSwap has found that 31 per cent of UK holidaymakers - just over 14 million Britons - withdraw cash for their holidays upon arrival at their destination, taking out an average of £169.78 each. Across the nation, this tots up to a staggering £2.4billion in holiday ...
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| Man launches Catskills-based cryptocurrency Catskills Currency, based out of Andes, announced its activation of CatskillsCoin in the area on Friday, April 20. Dan Flora, creator and communications director for Catskills Currency, said he is approaching this as an exercise in community building, as a way to develop a system for a hyper-localized ...
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| Morgan Stanley Says Buy Australian Bonds, Sell the Currency (Bloomberg) -- Australian bonds are a buy because the central bank will keep interest rates at a record low for at least the next six to 12 months, according to Morgan Stanley Investment Management Inc. The company is underweight the Aussie dollar for the same reason. "The RBA is the furthest away ...
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