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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.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

Business

Top 5 destinations for “revenge travel” in 2023

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1. Greece


Greece is a beautiful country that is rich in history and culture.

The country is home to some of the most famous historical sites in the world, such as the Parthenon and the Acropolis.

Greece is also known for its stunning beaches, crystal-clear waters, and delicious food.

2. Italy


Italy is another popular tourist destination that is known for its rich history and culture.

The country is home to many famous historical sites, such as the Colosseum and the Vatican City.

Italy is also known for its delicious food, stunning scenery, and friendly people.

3. Spain


Spain is a diverse country that offers something for everyone.

The country is home to beautiful beaches, stunning mountain ranges, vibrant cities, and friendly people.

Spain is also known for its delicious food and wine.

4. France


France is a popular tourist destination that is known for its stunning scenery, delicious food, and rich history and culture.

The country is home to many famous historical sites, such as the Eiffel Tower and the Louvre Museum.

France is also known for its beautiful countryside and friendly people.

5. United Kingdom


The United Kingdom is a popular tourist destination that offers a unique blend of history and culture.

The country is home to many famous historical sites, such as Stonehenge and Westminster Abbey.

The United Kingdom is also known for its stunning scenery, friendly people, and delicious food

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Business

Wall Street smashed by months of volatility

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Wall Street neared bear market territory on Friday as stocks fell sharply to end the week with the Dow down more than 800 points.

The sell-off was driven by fears of a deeper recession, as data showed that manufacturing activity contracted for the fourth straight month.

The Dow is now down 20% from its peak in February, and if it falls below 19,000 it will officially enter bear market territory.

While some analysts believe that the market is overreacting to the latest data, others say that the sell-off is justified given the deteriorating economic conditions.

It remains to be seen whether the market can recover from this latest setback, but one thing is clear: Wall Street is in for a volatile ride in the weeks and months ahead.

The Dow was down more than 800 points, or 3.2%, at 24,608. The S&P 500 was down 3% at 2,754, and the Nasdaq Composite was down 2.8% at 7,433.

All three indexes are now down more than 20% from their all-time highs set in late September. The sell-off was driven by fears of a deeper recession as the yield on the 10-year Treasury fell below 1.6%.

The market has been deeply volatile in recent weeks on fears that the coronavirus outbreak will lead to a slowdown in global economic growth. Friday’s sell-off suggests that those fears are still very much present.

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Business

Crypto whales exchange $10 million in Shiba coins

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Two large anonymous cryptocurrency wallets exchanged a total of 855,614,973 Shiba Inu meme coins, worth approximately $9.6 million.

The data, published on the WhaleStats website, reveals that these top Ethereum wallet owners have increased their SHIB stash by $134,767,965 in value since September 21.

While it is unclear what the motives behind these transactions are, it seems that the recent surge in demand for Shiba Inu meme coins has led to a significant increase in their value.

With the price of SHIB currently sitting at $0.0016 per coin, it will be interesting to see how these anonymous investors choose to cash out their profits.

So, these whales made a profit of about $649 000 in just three days due to the price increase of both assets.

As the Ethereum blockchain network’s meme currency becomes more popular among cryptocurrency investors and traders, its price is also growing rapidly.

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