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China's currency reserves plunge

2016-02-07 11:53:16| BBC News | Business | UK Edition

China's efforts to prop up its currency result in a $99.5bn plunge in its foreign currency reserves in January.

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Nintendo Profit Falls 36% on Lack of Hit Games, Currency

2016-02-02 11:03:28| Electronics - Topix.net

Nintendo Co. reported a 36 percent fall in third-quarter profit after a lack of hit game titles hurt holiday sales of its Wii U and 3DS hardware and the absence of currency windfalls that boosted the year earlier.

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Diageo 'resilient' in first half despite currency woes

2016-01-28 13:36:29| Beverages - Topix.net

Diageo chief executive Ivan Menezes said the company had "momentum and resilience", as sales grew 1.8%, on volumes up 1% in the first six months of the year. However the global drinks giant was badly affected by foreign exchange and the impact of disposals, which reduced net sales on a reported basis by A 400m to A 5,606m and operating profit by A 156m to A 1,613m.

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VIDEO: Nigeria implements currency controls

2016-01-22 13:28:45| BBC News | Business | UK Edition

Nigerian authorities are to start a series of controls designed to stop dollars fleeing the country.

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Unifi reveals lower Q2 profit on currency woes

2016-01-21 11:58:00| Daily apparel & textile news and comment - from just-style.com

US yarn manufacturer Unifi has booked lower earnings and sales in the second quarter, hurt by lower earnings from Parkdale America and the devaluation of the Brazilian Real.

Tags: lower profit currency reveals

 

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