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Bloomberg Daybreak: Europe Edition
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Europe's Biggest Companies Suffer 100 Billion Euro Hit From Russia Operations
Europe's biggest companies have suffered at least 100 billion euros in direct losses from Russian operations. This is according to analysis of 600 European companies yearly reports and 2023 financial statements. Oil and gas companies have actually suffered the heaviest cost of withdrawal from Russia with three companies alone. But Bloomberg is reporting about Ukraine's drone attacks on shipping which is really putting pressure on Russia's commodity exports.
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