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NZ dollar extends slide on weak jobs data, gains vs. euro on ECB view
Feb. 8 (BusinessDesk) – The New Zealand dollar extended its slide following yesterday’s weak employment data while gaining against a broadly weaker euro after the European Central Bank kept interest rates at a record low. The kiwi dollar fell to 83.05 US cents from 83.53 cents...
While you were sleeping ECB signals rate cut
By Margreet Dietz Feb 8 (BusinessDesk) - European Central Bank president Mario Draghi sent equities and the euro lower with comments that he's concerned about the recent strength of the region's common currency, signalling a potential rate cut. Draghi made the comments after po...
CORRECT Xero adds 23k customers since September, expects to double annual sales
(Corrects to show customer growth starting in September) Feb. 7 (BusinessDesk) - Xero, the cloud-based accounting software firm, added more than 23,000 customers to its client list since September and says it's on track to double last year's $19.3 million in annual revenue. T...
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