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Hyundai Motor posts small profit rise, but sales, currency woes weigh SEOUL (Reuters) - Hyundai Motor eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency and weak U.S. and Chinese sales eroded the automaker's bottom line for 2017. While this was the first gain in quarterly profit in four ...
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Gold inches up, as currency markets shrug off Trump's 'strong dollar' comment Bengaluru — Gold prices edged up on Friday, after falling from one-and-a-half-year highs in the previous session, as the dollar remained weak despite US President Donald Trump backing a stronger currency. Spot gold rose 0.3% to $1,351.40 an ounce at 3.33am GMT. The metal has gained 1.5% so ...
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Currency hoarders risk huge losses over naira's positive outlook The naira is set for a smooth sail against other currencies from now till a greater part of 2018. This could spell doom for hoarders including politicians who may have reserved some of such currencies for the 2019 electioneering. The positive outlook is riding on the back of resurging reserves' profile, now ...
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Bitcoin back story: Missoula Independent tells tale of Bonner crypto-currency mine The operators of a bitcoin mining operation at the former Stimson Lumber Mill site in Bonner have a checkered history, according to a story in the Missoula Independent. Public agencies and creditors were left holding the bag when one of the key owner's previous ventures went bankrupt in California.
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