British soap and shampoo maker PZ Cussons said its first-half performance was hurt by weak emerging market currencies that showed no signs of improving, prompting a fall in its shares as some analysts cut their full-year forecasts. Cussons, the maker of Imperial Leather soaps, nevertheless posted a 7.9 percent rise […]
Tag: emerging market
Emerging market pain dominates G20 economy talks
Emerging and developed G20 powers struggled to find common ground on Thursday over the turmoil unleashed by the prospect of the United States reducing a flood of dollars to the world economy. The Group of 20, which united in response to global crisis in 2009, now faces a U.S. economy […]
