What global companies are abandoning Russia, and why

Canada News News

What global companies are abandoning Russia, and why
Canada Latest News,Canada Headlines
  • 📰 axios
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

NEW: KPMG and PricewaterhouseCoopers, two of the Big Four accounting firms, announced they're cutting business ties in Russia due to the invasion of Ukraine

Businesses operating in Russia have an increasingly limited ability to collect revenue or pay workers and suppliers.Some workers are being moved out of Russia. Restricted airspace and travel are preventing companies from getting equipment they need to continue to operate.

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:

axios /  🏆 302. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More Universities Cut Student, Research And Financial Ties With RussiaMore Universities Cut Student, Research And Financial Ties With RussiaWith the war in Ukraine intensifying, several U.S. universities are ending various relationships they’ve had with Russia both out of concerns for the safety of students studying abroad and as an expression of condemnation against the brutal, unprovoked aggression against Ukraine.
Read more »

Russia-Ukraine live updates: Thousands trapped in Mariupol as Russia shells escape routeRussia-Ukraine live updates: Thousands trapped in Mariupol as Russia shells escape routePeople in Irpin, Ukraine, flee amid shelling as Russia's war on the eastern European country continues. LIVE UPDATES:
Read more »

West says Russia attacked nuke plant, Russia blames UkraineWest says Russia attacked nuke plant, Russia blames UkraineThe United States and its allies are accusing Russia of attacking Ukraine’s largest nuclear power plant and putting the lives of millions of Europeans at risk of radiation fallout.
Read more »

Russia-Ukraine updates: Zelenskyy says Russia openly announcing 'planned atrocity'Russia-Ukraine updates: Zelenskyy says Russia openly announcing 'planned atrocity'Over 1 million Ukrainian refugees have fled to Poland since the Russian invasion, Poland's Border Guard said on Sunday.
Read more »

Russia-Ukraine live updates: Ukraine: Next talks with Russia on MondayRussia-Ukraine live updates: Ukraine: Next talks with Russia on MondayThe next round of talks between Ukraine and Russia will be held on Monday, Ukrainian official Davyd Arakhamia said Saturday.
Read more »



Render Time: 2025-03-11 00:31:08