Australian companies and investors scramble to cut ties with Russia

  • 📰 abcnews
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 83%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Australian miners and superannuation funds are starting to sever their Russian ties, as a global push to isolate Moscow gathers pace.

Australian miners and superannuation funds have started to sever their Russian ties, as a global push to isolate Moscow gathers pace.Corporate social responsibility advocates say some of the moves to reduce ties are "window dressing"Russian businessman Maxim Mayorets has agreed to step down from the board of Falcon Oil and Gas, which is a partner in Origin Energy's Beetaloo Basin gas project in the Northern Territory.

"We are closely monitoring the situation in Ukraine and related sanctions," a Rio Tinto spokesman told AAP. Australia's sovereign Future Fund and the country's second-largest superannuation fund Aware Super have announced they will dump Russian assets.

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:

 /  🏆 5. in NG
 

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

The world has to cut business ties with both Russia and China. DO NOT MAKE THEM POWERFUL. They will eat the world up.

I have a friend in Kiev. If Russia is winning I hate to see them winning. 😡

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines