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| Strong first-half offsets currency headwinds at Avon Rubber Melksham-headquartered manufacturer Avon Rubber has hailed a strong half-year in the face of currency headwinds, with revenues of £77.7m. In the six months to 31 March 2018 revenues dipped by 1.5 per cent compared with the same period in 2017, the equivalent of a rise of 5.9 per cent at a ...
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| Eastern European Currencies Wake Up to Battle Dollar Gains The Polish zloty, which was the best-performing currency in Eastern Europe and Africa last year alongside the Czech koruna, has had a rough 2018. April proved its worst month against the dollar since November 2016, with a 2.7 percent decline, as it also extended its slide versus the euro to three ...
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| UK – Harvey Nash transformation nearly done, 2017 revenue up 9% in constant currency Harvey Nash (HVN: LSE) reported revenue rose 9.2% in constant currency in 2017, but operating profit fell 40.3%, according to preliminary results released last week. The London-based global IT recruitment and services firm also reported wrapping up its transformation program, and looking ahead.
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| India must decide if it hates cryptocurrencies more than a good oil deal The Venezuelan government has already entered into an agreement with Coinsecure, a Delhi-based digital currency exchange, to sell petro, its cryptocurrency, in India, according to the Business Standard newspaper. Coinsecure is reportedly building a platform to be used by all cryptocurrency players ...
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| REFILE-China's yuan settings point to concerns about EM rivals SHANGHAI, May 2 (Reuters) - China's efforts in recent weeks to guide the yuan lower through daily fixings have been much more aggressive than traders expected, in what analysts say are moves targeted at slowing the currency's gains against emerging market counterparts. Since mid-April, the ...
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