The company grew international sales by 5.3 % year over year on a constant
currency basis in its most recent quarter.
Sales on a like - for - like 52 - week constant
currency basis in Western Europe grew by 7 %, reflecting the higher volumes and boosted by the launch of Hilton Food Solutions, its new meat trading business.
Not exact matches
Such statements are
based on management's current views and assumptions that could ultimately prove inaccurate and are subject to risk factors such as (but not limited to) changes
in raw materials prices,
currency fluctuations, the pace at which cost - reduction projects are implemented and changes
in general economic and financial conditions.
Bitfinex is the world's largest dollar -
based exchange for bitcoin, and is known
in the digital
currency community for having deep liquidity
in the U.S. dollar / bitcoin
currency pair.
I am on the lookout for the CBOE, CME and even NASDAQ and New York Stock Exchange to shift from the current method of asset tracking to one
based in blockchain, the technology behind Bitcoin and other digital
currencies.
The crackdown on Seoul -
based operators of some of the world's busiest virtual
currency exchanges comes as the government attempts to calm frenzied demand for cryptocurrency trading
in Asia's fourth largest economy.
(
In 2014, Nike's global sales grew more than 10 % and Under Armour's grew nearly 30 % while Adidas's grew only 2 % on a currency - neutral basis, and declined when measured in U.S. dollars
In 2014, Nike's global sales grew more than 10 % and Under Armour's grew nearly 30 % while Adidas's grew only 2 % on a
currency - neutral
basis, and declined when measured
in U.S. dollars
in U.S. dollars.)
Once fiat
currencies, which derive their value
based on laws rather than metallurgical content, became common, governments could simply print bank notes
in large quantities.
Tokyo -
based GMO Internet Group announced the new payment option will launch
in February 2018, according to digital
currency news site coindesk.com.
• Coinbase, a San Francisco -
based digital
currency exchange, raised a $ 100 million
in Series D funding.
Now, the digital
currency could ramp up another 165 % over the course of 2017 thanks to Donald Trump's «spending binge,» Denmark -
based Saxo Bank wrote
in a report titled «Outrageous Predictions for 2017.»
And if you're paying your employees
in Bitcoin, the IRS says that pay is now subject to withholding taxes
based on the virtual
currency's fair market value.
«Derivatives should have the effect of bringing a deeper liquidity to the market which should reduce volatility,» said Alistair Milne, chief investment officer and co-founder of Altana Digital
Currency Fund that is
based in Monaco.
The Switzerland -
based company, whose service lets users instantly convert one type of digital
currency to another, built an API that allows Overstock to accept any major digital
currency and get paid
in bitcoin on the backend.
NEW FUNDING: CoinList, a San Francisco -
based token sale platform which spun out of AngelList, raised $ 9.2 million
in funding from investors including Polychain Capital, Blockchain Capital, Accomplice, FBG Capital, Libertus Capital, Digital
Currency Group, and CoinFund.
Adidas confirmed Thursday its outlook for the year — an increase
in sales of around 10 percent on a
currency - neutral
basis, driven by growth
in North America and Asia - Pacific.
Second - quarter core profit (EBITDA) was up 11.8 percent excluding
currency shifts and on a like - for - like
basis, at $ 5.35 billion, compared with the average forecast
in a Reuters poll of $ 5.40 billion.
Moro said Hong Kong -
based Xapo is currently the leading custodian
in the digital
currency world, but added that Xapo is limited by the fact it only holds bitcoin and not Ethereum or many other newer crypto
currencies.
An oil futures market
based in yuan will stimulate demand for the Chinese
currency, which China believes will lend it strategic clout.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity prices, interest rates and foreign
currency exchange rates, levels of end market demand
in construction and
in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes
in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate, including the effect of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and
currency exchange rates
in the near term and beyond; (16) the effect of changes
in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely
basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Spot gold slipped to $ 1,334.10 an ounce, the lowest since Jan. 23, also weighed by the stronger U.S.
currency, while a 2.2 % drop by nickel led a broad -
based sell - off
in industrial metals.
High interest rates, of course, can compensate purchasers for the inflation risk they face with
currency -
based investments — and indeed, rates
in the early 1980s did that job nicely.
Align Commerce, a San Francisco —
based startup, is already facilitating business - to - business transactions across borders
in local
currencies using the bitcoin blockchain; Canadian companies can currently receive payments via the service but not send them.
HaoBTC is a Beijing -
based bitcoin company that offers a wallet for storing the digital
currency as well as a traditional mining service with a mine
in Kangding, China.
These include
currency - hedged ETFs, triple - levered ETFs
based on commodities, unconstrained bond funds with short positions betting against U.S. Treasurys, private equity funds, emerging market debt instruments, historically less - liquid bank loan funds, and all manner of actively managed strategies packaged
in supposedly easy to buy and sell wrappers.
Street estimates finally look safe while Y / Y compares on iPhone units and overall AAPL revenue are bottoming
in [calendar] Q1 and should turn flat to up as soon as [calendar] Q4 additionally fueled by less severe [
currency exchange] headwinds... iPhone 7 will benefit if nothing else from the 6/6 + «echo» effect as these units enter the upgrade
base, OLED
in ’17 solves growth concerns and builds a bridge to new «dreamy» form factors.
Hong Kong -
based Binance was operating
in Japan through the internet without a license for a virtual
currency exchange, according to a Google translation of the Japanese - language statement.
The intervention likely has provided a lot of support to the spot exchange rate,
based on the spread with the non-deliverable forwards (NDF), or a forward contract
in which the parties settle the difference between the spot and contract exchange rates without actually delivering the
currency.
The velocity of the move will be
based on the movement of the dollar
in conjunction with other major global
currencies; A fast move higher
in the U.S. dollar will force the price of crude lower quickly (crude is denominated
in dollars globally) and force selling by those who need capital.
Users of digital
currency bitcoin more than doubled
in the Philippines
in the first half of last year from a year earlier, Espenilla said, while bitcoin transactions purportedly passing through registered companies
in the country range from $ 2 million to $ 3 million per month
based on available estimates.
«
In order to trade securities, they need to be a broker - dealer,» said Jerry Brito, executive director at Coin Center, a digital currency advocacy group based in Washington, D.C. «I could imagine [Coinbase] could sell a number of other tokens» with the licens
In order to trade securities, they need to be a broker - dealer,» said Jerry Brito, executive director at Coin Center, a digital
currency advocacy group
based in Washington, D.C. «I could imagine [Coinbase] could sell a number of other tokens» with the licens
in Washington, D.C. «I could imagine [Coinbase] could sell a number of other tokens» with the license.
Billionaire fund manager Eric Sprott has partnered with Continental
Currency Exchange, an Ontario - based currency trading company, to launch a new bricks - and - mortar bank, something Canada hasn't seen in a long time (see s
Currency Exchange, an Ontario -
based currency trading company, to launch a new bricks - and - mortar bank, something Canada hasn't seen in a long time (see s
currency trading company, to launch a new bricks - and - mortar bank, something Canada hasn't seen
in a long time (see sidebar).
Aurora, Ont. -
based Magna, which reports
in U.S.
currency, said its annual sales increased seven per cent last year to $ 38.9 billion.
Japan's government said on January 29 it would impose administrative measures on virtual
currency exchange Coincheck after hackers stole hundreds of millions of dollars
in digital assets from the Tokyo -
based firm.
As Deutsche Bank strategist George Saravelos notes, the only countries
in the Western world with higher rates are Australia and New Zealand, neither of whose
currencies are needed on a day - to - day
basis by anyone else.
The trading hype has persisted despite a massive hack of Tokyo -
based exchange Coincheck
in January that resulted
in losses of about 58 billion yen ($ 533 million) worth of virtual
currency, according to Coindesk.
The San Francisco -
based company, which also sells the digital
currencies Ethereum and Bitcoin, is hardly the only exchange but it is by far the best known
in North America.
For instance, CCL Industries Inc. (TSX: CCL - B), a Toronto -
based packaging company that makes most of its sales outside Canada, saw its earnings per share rise 21 cents
in the third quarter due to
currency alone.
Russia's central bank took drastic action to defend its rouble
currency in a surprise midnight raising of interest rates by 650
basis points to 17 percent.
Britain's
currency, the pound sterling, and shares
in Scotland -
based financial institutions have both sagged amid uncertainty over what
currency an independent Scotland would use and whether businesses and capital would flee across the border.
ScriptSave, a company
based in Tucson that manages prescription - drug - benefit programs, has even created its own
currency, called Bravo Bucks (redeemable for gifts), that's awarded to employees who excel
in providing customer service.
Esposito, who is
based in London, is chief strategy officer of the securities division and cohead of global fixed income,
currencies, and commodities sales.
Jonathan Mohan, founder of BitcoinNYC, a volunteer organization
based in New York that unites Bitcoin enthusiasts, says the Fed's takedown of Liberty Reserve was downright good for Bitcoin — and that many people
in the Bitcoin community see the Liberty takedown as a «benefit» for virtual
currencies.
A carry trade is typically
based on borrowing
in a low - interest rate
currency and converting the borrowed amount into another
currency, with proceeds placed on deposit
in the second
currency if it offers a higher rate of interest or deploying proceeds into assets — such as stocks, commodities, bonds, or real estate — that are denominated
in the second
currency.
Walter Kemmsies, managing director, economist and chief strategist at JLL Ports Airports and Global Infrastructure, notes that that many of the job losses that are popularly blamed on NAFTA would likely have taken place even
in the absence of NAFTA,
in part because of growing competition from China -
based manufacturers, many of which have taken advantage of
currency manipulation by the Chinese government that has rendered China - made products more price - competitive
in the U.S. Likewise, Mauro Guillen, head of Wharton's Lauder Institute, agrees that without NAFTA, many American jobs that were lost over this period would probably have gone to China or elsewhere.
Revenues for Converse were $ 483 million, down 8 percent on a
currency - neutral
basis, as international and digital growth were more than offset by declines
in North America.
In the case of bitcoin, it was a scheme aimed at certifying
currency -
based exchanges.
BTCChina said its decision was
based on a Sept. 4 directive from Chinese authorities that expressed concern over investment risks involved
in cryptocurrencies and ordered a ban on so - called initial coin offerings, or ICOs — the practice of creating and selling digital
currencies or tokens to investors to finance start - up projects.
With extended operating hours
in some countries and access to domestic payments systems being on a real - time gross
basis, payments by banks
in different
currencies into and out of the special purpose bank would be made with finality on a continuous
basis.
New regulatory stipulations published today, April 3, 2018, by Australia's financial intelligence agency, Australian Transaction Reports and Analysis Centre (AUSTRAC), are
based on legislation that was proposed
in 2017 and aren't likely to catch any domestically -
based digital
currency exchanges (DCEs) off guard.