The strong euro is taking a bite out of European earnings, with the region’s companies bracing for more pain ahead and searching for ways to protect their bottom line. On Wednesday, Inditex SA, the Spanish company that owns apparel retailer Zara, reported first-half results that indicated net income rose 1.5% in the second quarter, a modest increase for a company that booked 18% profit growth in the first quarter. Inditex’s gross...

Source: Wall Street Journal September 20, 2017 18:11 UTC