Among those most immediately hit were airlines and tourism companies operating across currencies. The pound’s sharp fall against major currencies since the June 23 referendum has hurt some firms and benefited others. Companies world-wide are trying to predict fallout from the U.K.’s vote to leave the European Union but for many with heavy U.K. exposure, one impact is already clear: big currency jolts. British importers of...
Source: Wall Street Journal July 03, 2016 18:00 UTC