ExxonMobil, Apple, Boeing latest US giants to cut ties with Moscow

ExxonMobil says it will look to withdraw its last remaining operation in Russia, ensuring the safety of its staff. – EPA pic, March 2, 2022.

APPLE, ExxonMobil and Boeing announced in rapid succession yesterday steps to withdraw or freeze business in Russia as more US corporate giants take action after the Ukraine invasion.

The moves – in diverse industries and following earlier announcements by Disney, Ford, Mastercard and others – highlight the rising economic toll on Russia after its assault on Ukraine unleashed massive sanctions across Western governments.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.