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Over 300 Firms Shut Down In Russia Over Ukraine War. The Big Brands Are...

Over 300 Firms Shut Down In Russia Over Ukraine War. The Big Brands Are...

NDTV
Wednesday, March 09, 2022 05:26:37 AM UTC

Western countries have announced sanctions against Russia for attacking Ukraine. The number of refugees created by the war has surpassed 2 million.

Russia is facing global condemnation for attacking Ukraine. The anger has led to sanctions by the West as well as companies shutting their outlets in Moscow and other Russian cities. There are more than 300 companies, which have left Russia in the past two weeks, according to Yale School of Management. BREAKING: Rolex halts exports to Russia

Luxury watch brand Rolex is the latest to halt Russia operations, according to Spectator Index. Fast-food giants like McDonald's, Pizza Hut and beverages maker Coca-Cola have already announced suspension of their operations in Russia, joining the international corporate chorus of outrage over Moscow's invasion of Ukraine.

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