U. S. corporations operating in Russia are closing stores after the country invaded Ukraine.
The film production and studio division of The Walt Disney Company said Monday it will not release its list of cinematic films in Russia, bringing up “the unprovoked invasion of Ukraine. “
“We will make long-term business decisions based on developments,” the company said in a statement. Disney added that it is being run to provide humanitarian aid to refugees.
WarnerMedia is also pulling its films from Russian theaters for now, delaying “The Batman,” starring Robert Pattinson, which opens in the United States on Friday.
FedEx and UPS, two of the world’s largest shipping companies, stopped shipping shipments to Russia, effective immediately. The carriers also announced the suspension of deliveries of incoming and outgoing packages to Ukraine, raising the desire to prioritize the protection of their workers there. .
Over the weekend, FedEx said on its online page that the company was “closely monitoring the situation” and had “contingency plans in place, adding the temporary suspension of entry and exit facilities to Ukraine and entry service to Russia until further notice. “”
A FedEx spokesperson told CBS MoneyWatch that the carrier continues to “provide domestic services and export to Russia where situations permit. “
UPS also announced service interruptions due to the Russian invasion of Ukraine. On Thursday, UPS suspended all shipments to, from and within Ukraine. The next day, the sender said he would not deliver foreign packages with destination addresses in Russia. UPS also said it would return packages that cannot be delivered to their shippers whenever possible.
“Our purpose is to protect our staff, offering continuous service and minimizing disruptions for our customers. UPS continues to closely monitor the scenario and will repair service as soon as imaginable and safe,” UPS said in a statement. on their website.
The aviation industry is also reacting to the Russian-Ukrainian crisis. Delta Air Lines, one of the largest airlines in the U. S. While the U. S. announced friday the suspension of its “codeshare services” with Russia’s Aeroflot, the two airlines will no longer cooperate on flights.
Previously, the agreement allowed Delta to sell tickets for Aeroflot-operated flights to Russia and market them as its own. The deal also allowed Aeroflot to sell tickets on flights operated through Delta. Delta operates all flights to Ukraine or Russia on its own.
“We have gotten rid of our code to operate through Aeroflot beyond Moscow’s Sheremetyevo airport and we have gotten rid of the Aeroflot code to operate through Delta from Los Angeles and New York-JFK [the airport]. Adjustments will be made for consumers affected by those changes, Delta said in a report.
Aeroflot did not respond to CBS MoneyWatch’s request for comment.
In another blow to the Russian airline, British football club Manchester United said it had recently terminated its sponsorship deal with Aeroflot following Russia’s attack on Ukraine, according to an article on its website.
“In light of the occasions in Ukraine, we have withdrawn Aeroflot’s sponsorship rights,” the Premier League team said in a statement. “We share the considerations of our fans around the world and send our condolences to those affected. “
Big Oil is also moving away from Russia. Oil Shell and BP left Russia to protest their attack on Ukraine, pressuring their competition to give up their own stakes in RussianArray.
Quotes delayed by at least 15 minutes.
Market knowledge through ICE Data Services. ICE Limitations. Developed and implemented through FactSet. News through the Associated Press. Legal statement.