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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Russia's War Spurs Corporate Exodus, Exposes Business Risks

FILE - Russian President Vladimir Putin, left, meets with CEO of Royal Dutch Shell Ben van Beurden in Moscow, Russia, June 21, 2017. (Sergei Karpukhin/Pool Photo via AP, File)

Auto shipments stopped, beer stopped flowing, cargo ships dropped port calls and oil companies cut their pipelines.

Russia’s invasion of Ukraine has thrown business plans into disarray and forced a growing number of the world’s best known brands — from Apple to Ford and BP — to pull out of a country that's become a global outcast as companies seek to maintain their reputations and live up to corporate responsibility standards.

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