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Growing list of companies taking a stance against Russia

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Another major company has taken a stance against Russia’s invasion of Ukraine

Onlyfans has temporarily suspended the accounts of Russian content creators.

The move has left many creators like sex workers out of income.

Until now, Russian creators have been allowed to remain on the platform.

In February, Rolling Stone reported that Russian OnlyFans creators briefly lost access to their accounts with little warning but the access was then granted once again.

Since Russia’s invasion of Ukraine, Russian content creators have quickly begun losing access to popular online services.

Major corporate organisations have also continued to block, suspend or cease operations in Russia

From oil giants to media companies and sporting bodies, Russia is facing a multi-billion dollar exodus as companies pull out to condone actions by the Kremlin.

  • Nestlé: Suspending sales of “the vast majority” of its prewar volume of products in Russia, including pet food, coffee and candy sold under KitKat and Nesquik brands.
  • British American Tobacco: Exiting its Russian business.
  • Fast Retailing (Japanese clothing company that operates Uniqlo): Suspend its operations in Russia.
  • Unilever: Suspended imports and exports.
  • Ikea: Suspended imports and exports.
  • H&M: 170 Store operations paused.
  • Nike: 116 Store operations paused.
  • Canada Goose: Ceasing wholesale and e-commerce sales.
  • Adidas: Suspending sales in Russia.
  • Heineken: Stop producing, advertising and selling beer in Russia.
  • McDonald’s: Temporarily closing 850 locations in Russia.
  • Starbucks: Closing all stores and operations in Russia.
  • Pepsi: Said it would stop selling soda in Russia.
  • Yum Brands: Closing its 70 company-owned KFC restaurants and all 50 franchise-owned Pizza Hut restaurants.
  • French bank Société Générale: Selling its controlling stake in Rosbank, a Moscow-based lender.
  • Deutsche Bank: Scaling down operations.
  • Goldman Sachs: Scaling down operations.
  • Western Union: Suspending operations.
  • American Express, Mastercard and Visa cards issued by Russian banks will not work in other countries, and cards issued elsewhere will not work for purchases in Russia.
  • Deloitte, EY, KPMG and PWC: Ceasing operations.
  • Shell: Exiting joint ventures with Gazprom, the Russian natural gas giant.
  • BP: Set to sell its approx. 20 percent stake in Rosneft, the Russian state-controlled oil company.
  • Exxon Mobil: will end its involvement in a large oil and natural gas project.
  • Bloomberg: Suspending operations in Russia and Belarus.
  • Netflix: suspended its service and halted future projects in the country.
  • The Walt Disney Company New movie releases paused, operations in Russia halted.
  • Nokia: Leaving Russia completely.
  • Intel: Suspending all operations in Russia.
  • LG: Suspending new shipments to Russia.
  • Google: Advertising suspended.
  • Sony: New hardware shipments suspended.
  • Amazon Web Services: No longer accepting new customers in Russia
  • Microsoft: Paused sales.
  • Apple: paused sales.
  • Hyatt Hotels: New developments and investments suspended.
  • Hilton Hotels: New developments suspended.
  • UPS: Suspended shipments to and operations within Russia and Belarus.
  • FedEx: Suspended shipments to and operations within Russia and Belarus.
  • DHL: Suspended shipments to and operations within Russia and Belarus.
  • Airbus: Suspended the supply of parts, maintenance and technical support services to Russian airlines.
  • Boeing: Suspended the supply of parts, maintenance and technical support services to Russian airlines.
  • American Airlines: Codeshare agreements with Russian airlines scrapped. Flights to Moscow suspended.
  • Delta Airlines: Codeshare agreements with Russian airlines scrapped. Flights to Moscow suspended.
  • United Airlines: Codeshare agreements with Russian airlines scrapped. Flights to Moscow suspended.

Money

Australia’s inflation report and Nvidia earnings impact explained

Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.

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Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.


Australia’s latest inflation report is creating waves across the market, with questions about interest rates, the strong performance of the Aussie dollar, and the uneven nature of the stock market rally. Investors are watching closely as changes in carry trade risks this month add another layer of complexity.

David Scutt from StoneX discusses what these shifts mean for trading strategies and the broader economic outlook. He provides insight into how underlying factors are shaping investor confidence and market dynamics.

On the tech side, Nvidia’s upcoming earnings are expected to influence AI development and the broader tech sector. Coupled with trends in SaaS and bitcoin price action, these movements are signalling how investor sentiment is evolving in a fast-changing landscape.

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U.S. stocks rally as AMD, Home Depot, and AI software lead gains

U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.

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U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.

U.S. tech stocks surged as investors’ fears over AI disruption eased. Advanced Micro Devices jumped 9% after Meta announced a multiyear deal to deploy AMD’s graphics processing units for AI data centres. The move highlights growing corporate confidence in AI infrastructure investments.

DocuSign also rose 3% following Anthropic’s confirmation that Claude Cowork can integrate with DocuSign, Google Drive, and Gmail, signalling stronger adoption of AI tools across industries.

The iShares Expanded Tech-Software Sector ETF climbed 2% despite remaining over 30% below its 52-week high, showing tech stocks are recovering but still have room to run.


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Stocks tumble amid AI concerns and Trump tariff update

Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.

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Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.

Stocks plunged sharply as concerns over artificial intelligence and trade tensions rattled investors, sending the Dow down more than 800 points. Heavyweights like American Express, Goldman Sachs, and JPMorgan were key contributors to the drop.

Software companies were hit particularly hard after a report suggested AI could impact economic growth, triggering further losses across tech shares.

Trade-sensitive retailers including American Eagle Outfitters, Ralph Lauren, and Yeti Holdings also faced setbacks as market uncertainty spiked. Bonds, meanwhile, rallied as investors sought safety in a volatile market.

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