The rapacious rise of the greenback is about to wipe greater than $10bn from US company earnings within the third quarter, analysts estimate, piling strain on corporations which can be already grappling with excessive costs and a dark home outlook.
The greenback’s energy has been consuming into US earnings all 12 months, taking its toll on makers of all the pieces from youngsters’s toys to cigarettes. The pattern is turning into more and more tough for buyers to disregard as considerations develop about its knock-on…
