WRAPUP 1-For companies, a rocky road ahead in emerging markets

Newswire

By James B. Kelleher and Martinne Geller CHICAGO/LONDON, Jan 31 (Reuters) - International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently. While executives are not hitting the panic button just yet, and many say the risks they face are hardly unique, they are still aggressively tackling ...

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