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The German chocolate manufacturer Ritter Sport has decided to continue chocolate supplies to Russia. This was said in a statement. "In order to save jobs as well as the livelihoods of many cocoa growing families, we continue to …
Holcim is exiting the Russian market, the world's biggest cement-maker said on Tuesday. "The Holcim Board of Directors has decided to initiate the process to exit the Russian market in line with the company's values to …
The Association of European Businesses (AEB) said that companies are interested in a speedy "resolution of the situation" and a return to the Russian market. "It is important to focus on addressing global challenges …
The French energy company TotalEnergies has updated its policy towards Russia amid the ongoing conflict in Ukraine and has decided to completely stop purchasing Russian oil and petroleum products no later than the end of 2022, the company said in …
Enel SpA, Italy’s largest utility, will exit from its Russia operations in a “matter of months,” Chief Executive Officer Francesco Starace said. The Italian company joins the world’s biggest energy companies, …
Italy's Pirelli said on Thursday it had halted investments in Russia, excluding those linked to security, and that the activity of its factories in the country would be curtailed. "The investments in the local market, …
Channel One CEO Konstantin Ernst is leaving the Board of Directors of MTS since March 17. Konstantin Ernst was included in the sanctions lists of the European Union, the United Kingdom and Canada in mid-March. He was …
McDonald's fast food restaurants will continue to operate in Siberia. This is stated in a message posted on the Telegram channel of the GiD franchisee company. "All McDonald's enterprises in Siberia are operating as usual …
The US drugmaker Eli Lilly said it will stop exporting non-essential medicines to Russia. The US drugmaker would continue to supply treatments for life-threatening diseases such as cancer and diabetes but that it would suspend all …
Several organizations in Russia have found themselves locked out of their Slack accounts without notice, according to Axios. The Salesforce-owned business messaging app has started cutting off Russian users from its platform to …
The new Western sanctions imposed on Russia for launching a military special operation in Donbass have already affected the Russian economy, but their impact will inevitably spread to neighboring countries as well. Candidate of Economic Sciences, …
Goldman Sachs Group Inc and JPMorgan Chase & Co announced they were unwinding their Russian businesses, becoming the first major U.S. banks to exit Russia. Operating in Russia has become harder for Western financial …
Russia's central bank said it was introducing restrictions on local firms' access to foreign-currency cash for the next six months, the latest step to preserve precious hard currency in the face of sanctions imposed over Ukraine. …
The world's largest record companies Sony Music and Warner Music Group announced the suspension of activities in Russia due to the situation in Ukraine. "We have suspended operations in Russia and will continue to support the …
The Western Union money transfer system is suspending operations in Russia, the company said in a statement. "In light of the ongoing tragic events around the situation in Russia and Ukraine, we have decided to suspend our …
The Swiss transnational corporation Nestle stops investments in Russia because of the events in Ukraine. At the same time, the company intends to continue supplying food products to the Russian market, Reuters reports. Let us …
The Coca-Cola Company has suspended its business activities on the territory of Russia, the company said in a statement on its website on Tuesday. "The Coca-Cola Company announced today that it is suspending its business in …
McDonald's will temporarily shut down all its restaurants in Russia, McDonald’s CEO Chris Kempczinski announced in a statement, published on the company’s website Tuesday. "McDonald’s has decided to …
UK-Dutch petroleum giant Shell announced on Tuesday its intention to gradually withdraw from all oil and gas projects in Russia, adding it will stop all spot purchases of Russian oil as a first step. "Shell plc (Shell) today …
The parent company of Japanese casualwear giant Uniqlo defended a decision to keep Russian stores open even. Tadashi Yanai, president of Uniqlo operator Fast Retailing, said the conflict in Ukraine should not deprive people in Russia of …
