General Motors has suspended vehicle exports to Russia, where it sells approximately 3,000 units annually, in response to the invasion of Ukraine.
Icahn Enterprises founder Carl Icahn argues inflation is the biggest economic problem amid the geopolitical unrest.
The company said it is working to safeguard its staff in Russia as it analyses the implications the sanctions will have on the business. "We continue to monitor developments ant take action to implement mitigation strategies as appropriate."
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Western business flight from Russia continues with Shell, GM and others ending or suspending dealingsRussia’s business rupture with the West grew wider as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine.
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GM stops exporting cars to RussiaGeneral Motors is joining a host of other companies in cutting off its business with Russia. The Detroit-based automaker announced Friday it is halting all exports to the country which is currently invading neighboring Ukraine.
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U.N. General Assembly set to isolate Russia over Ukraine invasionThe 193-member United Nations General Assembly began meeting on the crisis in Ukraine on Monday ahead of a vote this week to isolate Russia by deploring its 'aggression against Ukraine' and demanding Russian troops stop fighting and withdraw.
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Russia attacks Ukraine: 1st UN General Assembly emergency session in 40 years setThe United Nations’ nuclear watchdog says missiles struck a radioactive waste disposal site in the Ukrainian capital of Kyiv overnight.
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Russia attacks Ukraine: 1st UN General Assembly emergency session in 40 years set (live updates)UPDATE: For the first time since 1982, the United Nations Security Council has called for a special session of the United Nations General Assembly to be held on Monday.
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Russia attacks Ukraine: U.N. General Assembly will meet Monday (live updates)Follow along for the latest on the U.S. response to tensions between Russia and Ukraine.
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