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| Continental profit falls after currency hit Continental AG (CON.XE) said Tuesday that net profit slipped in the first quarter, citing currency effects. Net profit in the quarter fell 1.6% to 737.6 million euros ($882 million) compared with EUR749.6 million a year earlier. Continental said it expects earnings in the first half to be hit by negative currency ...
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| Ex-PBOC adviser Li: "Extremely unlikely" for China to devalue its currency for trade war Former adviser to the People's Bank of China (PBOC) Li Daoku was reported by Reuters, as saying that that it is "extremely unlikely" for China to devalue its currency to deal with a trade war against the US. Earlier today, China's Vice Premier Liu said that he will be visiting Washington next week to ...
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| Forget the Bolívar: In Venezuela, Bartering Is the New Economy ... but unions say he is abusing his power, calling the Bitcoin alternative alternative "an invention of the government to launder drug money." (The Trump administration has banned U.S. purchases of the Petro.) Need to put the Venezuelan currency crisis in perspective? Consider this: The bolívar is worth ...
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| Financial authority warns against crypto-currency investment scams The FSMA explained that these operators claim to offer the best trading platforms, enabling anyone, from beginners to professionals, to trade in crypto-currencies instantaneously and in all confidence. Some also propose other financial products supported by crypto-currencies such as savings accounts ...
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