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Daimler sees currency effects tempering Mercedes revenue growth FRANKFURT (Reuters) - Daimler (DAIGn.DE) said currency headwinds will dampen revenue growth at its Mercedes-Benz luxury vehicles division this year, after foreign exchange effects and the absence of one-off gains pushed the group's first-quarter operating profit 12 percent lower.
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Continental Q1 adj EBIT falls 9 pct on currency effects BERLIN, April 27 (Reuters) - Continental's adjusted earnings before interest and tax (EBIT) declined a more-than-expected 9 percent in the first quarter on exchange rate effects. Adjusted underlying earnings fell to 1.06 billion euros ($1.28 billion) from 1.16 billion a year earlier, the German automotive ...
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Analysts foresee single world currency in growing technology disruption Financial and technology analysts have said a single world currency is imminent given the growing technology disruption in the financial services industry typified by the popularity of blockchain adoption and its offshoots, cryptocurrencies. The Managing Director and Chief Executive Officer of Precise ...
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