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| Telefonica Q1 core profit down 3.9 pct on currency pressures MADRID, April 25 (Reuters) - 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. Operating income before depreciation and ...
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| EUR/USD En Route to 1.16? Analysts Warn Downturn on the Cards as US Yields Top 3% and ECB ... The Euro-to-Dollar rate is on the cusp of another leg downward, according to analysts, and Thursday might prove the catalyst for Europe's single currency to break below a key technical threshold. Storm clouds have been gathering above the Euro all week given the greenback is now receiving support ...
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| Basis—the "stable" cryptocurrency with $133 million invested—explained Today's most widely used stable cryptocurrency, called Tether, claims to back each unit of its currency with a dollar of hard currency reserves. However, the company has a poor transparency record, causing critics to wonder if Tether might not actually have reserves backing all of the cryptocurrency in ...
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