Major multinational corporations pull out of Moscow’s markets amid Western sanctions and worldwide outrage over Russia’s invasion of Ukraine
Major multinational corporations have begun pulling out of Moscow’s markets in retaliation to Russia’s invasion of Ukraine.
The tech company said in a statement on Tuesday that it was concerned about the attacks and “stands with all of the people who are suffering as a result of the violence”. Microsoft said it will also ban RT's mobile apps from the Windows App store and block advertisements on Russian state media. US-based Exxon said it will leave its last project Sakhalin-1, which it operates “on behalf of an international consortium of Japanese, Indian and Russian companies.”Meanwhile, France’s TotalEnergies said in a
General Motors followed suit, saying it would suspend all vehicle exports to Russia "until further notice.” Daimler Truck, owned by the Mercedes-Benz Group, has suspended all cooperation with Russia's largest truck maker Kamaz, according to the Handelsblatt newspaper.US airplane manufacturer Boeing said it was suspending parts, maintenance and technical support for Russian airlines.
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