Connect with us

Hi, what are you looking for?

Business

Here are the companies that have cut ties with Russia over the Ukraine invasion

Companies have taken action to limit, put on hold or exit business activities in Russia following a wave of sanctions imposed after Moscow’s invasion of Ukraine. Below is a list of companies that have announced plans to exit Russia or to curb activities there: Film and TV Hollywood studios Disney, Warner Bros, and Sony Pictures Entertainment suspended new film releases in Russia. Sportswear and fashion Adidas has suspended its partnership with the Russian Football Union with immediate effect. Nike has made merchandise purchases on its website and app unavailable in Russia as it cannot guarantee delivery. Puma has stopped deliveries to Russia although its 100 stores in the country are open. H&M, the world’s second-biggest fashion retailer, has temporarily suspended all its sales in Russia.




You May Also Like

Business

Activist investor Starboard Value has purchased a 6.5% stake in web services firm GoDaddy worth about $800 million, according to a regulatory filing with...

Business

Contact The Author Female employees at CNN are furious that chief spokesperson Allison Gollust is keeping her job after lying about her affair with...

Business

North Korean hackers managed to steal a fortune in cryptocurrency in 2021, according to the results of a recent study. Cybercriminals based in North...

Finance

As a startup owner, you know that the accounting often receives less attention than immediate priorities. Product development and market analysis seem to be...

Businesstribuneonline.Com — News from the world of business and finance