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Fashion Group H&M to Exit Russia Over ‘Impossible’ Situation
Swedish retailer Hennes & Mauritz AB will start winding down its operations in Russia, having halted all sales in the country in March after Russia’s attack on Ukraine.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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Press Release: U.S. International Development Finance Corporation and Gazelle Finance Launch Facility to Support Ukrainian Companies Displaced by War
The economic recovery facility will provide technical assistance to Ukrainian small and medium enterprises (SMEs) whose businesses have been negatively impacted by the war.
- Categories
- Finance
- Region
- Europe & Eurasia
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Starbucks is Exiting Russia, Shutting 130 Stores
Starbucks is leaving Russia after 15 years in business. The coffee chain had temporarily shut down its stores in March over Russia's invasion of Ukraine.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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A Non-Profit Venture Fund Aims to Back 200 Startups Established by Refugee Ukrainian Entrepreneurs
The fund hopes to help Ukrainian entrepreneurs who have fled to the West, founder Roman Tyan told Insider.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
- Tags
- migrants, nonprofits, refugees, startups
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Analysis: ‘Russia Is Half of Our Business.’ Or It Was.
European companies that relied on Russian customers are suffering collateral damage from the invasion of Ukraine and Western sanctions.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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War in Ukraine Reveals Flaws in Sustainable Investing
The public mood keeps changing, and what counted as the right thing to do before Russia invaded has suddenly switched.
- Categories
- Investing
- Region
- Europe & Eurasia
- Tags
- ESG, governance, impact investing
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Viewpoint: Russia’s Invasion of Ukraine: What Does It Mean for Africa?
The invasion has done profound damage to Russia’s relations with the West, which will be difficult to reverse as long as Putin and like-minded people around him are in power. Africa should brace itself for the challenging years ahead.
- Categories
- Agriculture, Energy, Environment, Finance, Health Care, Investing, Technology
- Region
- Europe & Eurasia
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No Ikea Shelves, No Levis: The Retail Exodus From Russia Is On
Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
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