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South Asian lead market eyes Iran while currency meltdown limits exports Tuesday April 10, Iranian vice-president Eshaq Jahangiri said the government would fix an official exchange rate of 42,000 rials against the US dollar in an attempt to stem a run on the currency. The rate was an 11% drop against the previous day's official rate but below the 60,000 rial-to-dollar level ...
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Schneider Electric makes strong start to 2018 as China demand offsets currency impact April 19 (Reuters) - French electrical equipment maker Schneider Electric beat market expectations with 6.2 percent organic growth in first-quarter revenue, buoyed by an upbeat performance by both of its businesses and strong demand in China. The company reported revenue of 5.80 billion euros ...
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