(Bloomberg) -- The biotech-stock selloff has run so far that many companies are now worth less than the amount of cash they have in the bank.
(Bloomberg) -- Telecom Italia SpA posted first-quarter results that slightly missed analysts’ estimates, amid fresh competition in its domestic market from France’s Iliad SA for ultrafast fiber services.
(Bloomberg) -- Enel SpA stuck to its earnings forecast for this year after the Italian utility reported an 89% jump in first-quarter revenue boosted by soaring electricity prices.
(Bloomberg) -- The number of U.K. exporters fell in the two months since Russia invaded Ukraine, underscoring the impact that sanctions against the government in Moscow is having on global trade.
(Bloomberg) -- The European Union’s proposal to ban imports of Russian oil could knock another 10% off the country’s production by year-end, doubling the supply loss that has already resulted from the invasion of Ukraine.
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