Harsh words, tough action: How companies have rebuffed Russia | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Corporate actions to censure Russia after its invasion of Ukraine vary widely and include some measures required by law and some voluntary. | Fin24

Subscribers can listen to this articleCorporate actions to censure Russia after its invasion of Ukraine vary widely and include some measures required by law and some voluntary, with comments ranging from harsh condemnations to more measured promises to review business in the country.Energy companies led by BP, Shell and Exxon Mobil are promising to sell Russia stakes and exit the country. Austrian oil company OMV is to pull back from Russia, saying it would take an anticipated 1.5-1.

US payments firms Visa Inc and Mastercard Inc said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with clients and partners to cease all transactions there. Travel booking software provider Sabre Corp said it has terminated its distribution agreement with Aeroflot , hurting the Russian flag carrier's ability to sell tickets.Clothing retailer H&M, car companies including GM and BMW, as well as spirits maker Diageo and motorcycle maker Harley Davidson, are among global companies that are not selling. Most are not exporting goods to Russia, which would be difficult given decisions by shipping companies to drop Russian service.

 

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

Fin24 Stand with Russia. Ukraine people are so idiots to listen to Americans. Ukraine should apologize, not Russia, thank you. God bless Russia. Do not listen to stupid Americans, they will put you in danger, this is the only rule in the world

Fin24 Ukraine War is a Universal Case morally & materially that is created & controlled by Demons through Human Satanists who are preparing the Emergency of Antichrist, a very destructive & sinful man ever existed, who will inflict severe trails and tribulations on Mankinds. Be Alert.

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:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines