European Companies Lost Over €100 Billion on Russia Amid War
August 8, 2023The Financial Times estimates that European companies have lost at least €100 billion ($110 billion) since the Russia-Ukraine war began. Around 176 European companies noted significant losses in their fiscal year reports for 2022, and the future remains grim as tensions continue to grow. Naturally, energy-related industries faced half of those losses, followed by banking, […]