Ikea, Apple, Ford among companies cutting ties with Russia over Ukraine invasion: LIST

  • 📰 abc13houston
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Boeing said that it had suspended major operations in Moscow, while some entertainment studios have stopped releasing films in the country.

Martha Raddatz and retired Col. Steve Ganyard discuss how sanctions have impacted the Russian president's inner circle and their potential effect on Putin's plans in Ukraine.

The move comes after receiving"requests from a number of governments and the EU to take further steps in relation to Russian state controlled media," Nick Clegg, the company's VP of global affairs, wrote in a tweet. Netflix also said Monday it was refusing to air Russian state TV channels in the country - something that the streamer would have been required to do by Russian law starting this week.

"We are deeply shocked and saddened by the unprovoked attack on Ukraine," the spokesman added."Our first priority over the past week has been the safety of our employees and to ensure that Spotify continues to serve as an important source of global and regional news at a time when access to information is more important than ever."

Google and YouTube have also said they will no longer allow Russian state media outlets to run ads or monetize their content.BP said Sunday it was planning to exit its 19.75% stake in Russia's biggest oil company, Rosneft, and their joint ventures - amounting to one of the biggest foreign investments in Russia.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If China gives Russia aid and business then we need to be ready to sanction them and stop purchasing Chinese made goods. If you think that’s inconvenient try living in a war economy

Great idea- cut them off from outside information and ideas, freeze their assets and possibly take their jobs, isolate them from the world, and leave them completely dependent on the russian government for everything from food to philosophy. I’m sure this will work out fine.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 255. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vodka company launches ‘American Stallion,’ calls for rebranding Moscow Mule amid Russia’s invasion of UkraineAn Indiana-based vodka company is launching a new drink, “American Stallion,” while calling for the suspension of the Moscow Mule amid Russia’s invasion of Ukraine. Cultural appropriation is never cool. Dumb name too. You’re welcome to try our Texas Mule’s. Thank you for breaking this completely relevant news amid the largest investigation of our Market's integrity.
Source: FoxBusiness - 🏆 458. / 53 Read more »