U.S. corporations suspend business in Russia, citing war with Ukraine

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From delivery services to soccer teams, companies are distancing themselves from Russia over its attack on Ukraine.

The movie production and studio arm of The Walt Disney Company on Monday said it will not immediately release its slate of theatrical films in Russia, citing the country's"unprovoked invasion of Ukraine."

WarnerMedia is also yanking its films from Russian theaters for the time being, delaying the release of"The Batman," starring Robert Pattinson, which opens in the U.S. Friday.FedEx and UPS, two of the largest shipping companies in the world, have both stopped sending shipments to Russia, effective immediately. The shippers have also announced the suspension of both inbound and outbound package deliveries in Ukraine, citing a need to prioritize the safety of their employees there.

UPS also announced service disruptions due to Russia's invasion of Ukraine. On Thursday, UPS suspended all shipping services to, from and within Ukraine. The following day, the shipper said it won't be delivering international packages with destination addresses in Russia. UPS also"Our focus is on the safety of our people, providing continued service and minimizing disruption to our customers.

 

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