The impact of any kind of fight in the world is seen on business and the economy. Similar effects have been seen after the Wars of Russia and Ukraine. Giants around the world want to ensure the safety of their employees in Ukraine and Russia. Due to this, some companies are expanding their business from Russia and Ukraine. Some companies are re-evaluating their business in Russia.
Brewer Carlsberg and Japan Tobacco have closed their factories in Ukraine. On the other hand, UPS and FedEx Corp have suspended their services in the country and outside the country. Apple has stopped selling its products in Russia. The company said in a statement that it was deeply concerned about the Russian attack. The company has limited access to digital services such as Apple Pay in Russia. On Monday, Facebook's parent company announced the blocking of access to Russian news outlets RT and Sputnik. This announcement has been made for the entire European Union.
Twitter has also announced to reduce the visibility and immobilization of the content of Russia's state media. Netflix also said this week that it would not broadcast Russian state television channels in the country. With this, Spotify has announced the closure of its office in Russia. "We are deeply shocked and saddened by the attack on Ukraine even after no provocation," a company spokesman said, adding that Google-owned YouTube said it had blocked Russia's state media, including RT, in Ukraine over the weekend. The video platform has reported that it is significantly limiting the recognition of these channels. Google and YouTube also said they would no longer allow Russia's state media to run ads and monetize their content. Airbnb co-founder and CEO Brian Chesky said in a tweet on Thursday that the company was suspending all operations in Russia and Belarus.
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