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Apple has announced the suspension of its product sales in Russia as it joins a slew of companies making related move.

Highlights Lots of sanctions have been imposed on Russia by several countries like the US, European Union, Australia, and the UK. Economic sanctions have become the most preferred tool to overcome geopolitical tensions and hurt the country’s economy. Many industries and businesses across the globe have stopped their services and operations in the country. Russia’s military operations in eastern Ukraine have attracted sharp criticism, and many international leaders have widely condemned the attack. Within days of Russia’s invasion of Ukraine, many sanctions were imposed on the country by several countries like the US, European Union, Australia, and the UK. Economic sanctions have become a preferred tool to overcome geopolitical tensions and hurt a country’s economy that breaches international law. The current sanctions imposed on Russia are meant to discourage its military operations and look for a diplomatic way to handle tensions between the two countries. After the announcement of economic sanctions on Russia, many industries and businesses followed suit and stopped their services and operations in the country. © 2022 Kalkine Media® Let us look at some of the key industries and businesses that announced walkout or discontinuation of operation in Russia: Mastercard & Visa block services Major US-based transaction service provider has blocked Russian financial institutions from accessing their payment networks to comply with the sanctions imposed by the US government.

Apple CEO Tim Cook has said that the tech giant will match employee donations two-to-one in an email sent to employees addressing the ongoing crisis in Ukraine.

The American company Apple has stopped selling its equipment in the official online store in Russia, said Deputy Prime Minister, Minister of Digital Transformation of Ukraine Mykhailo Fedorov.

The Kremlin said on Wednesday that a Russian delegation was ready to continue peace talks with Ukraine as Moscow''s invasion of the pro-Western country entered its seventh day. “Our delegation will be ready to continue talks,” Kremlin spokesman Dmitry Peskov said, adding that Moscow''s delegation expected the talks to resume on Wednesday evening. He said that President Vladimir Putin''s aide Vladimir Medinsky remained Russia''s top negotiator on Ukraine but did not say where the next round of talks would take place. A first round of talks between Russian and Ukrainian delegations took place on the Ukrainian-Belarusian border, but brought no results. Russian troops land in Ukraine''s second-biggest city Kharkiv Meanwhile, Russian forces landed in Ukraine''s second-biggest city and triggered immediate clashes in the streets of Kharkiv, the military said, following Moscow''s relentless air assault across the ex-Soviet state. The airborne operation came as US President Joe Biden branded Vladimir Putin a “dictator”, warning the sanction campaign to cripple Russia''s economy would escalate and its oligarchs were being targeted.

Piper Sandler analyst Harsh Kumar believes Broadcom Inc (NASDAQ: AVGO ) is in a "great position to beat and raise" when it reports earnings later this week. He''s "optimistic about the print and guide for several reasons." Kumar thinks the company''s networking business has re-accelerated given the ramp in hyper-cloud and data center capex. Kumar also sees Apple Inc''s (NASDAQ: AAPL ) better … Full story available on Benzinga.com

Google has blocked users from being able to edit Maps in Ukraine, Russia and Belarus, according to BuzzFeed News . It''s also deleting all user-submitted places and contributions, such as photos, videos and business information in those countries made since February 24th. The tech giant came to the decision "out of an abundance of caution" after people claimed across social networks that the Russian military has been relying on pins created by users on Maps to coordinate air strikes on Ukraine. As BuzzFeed News explains, there are posts circulating on websites like Twitter with screenshots of Maps showing pins labeled "“ФЕРМЕРСЬКЕ ГОСПОДАРСТВО" or Ukrainian for "farm" in Kyiv. People were reportedly claiming that user-made tags saying "farm" or "agriculture" created on February 28th matched the locations of the missile strikes on cities that include Kyiv and Kharkiv. Google told the publication, however, that some of the user edits marking locations in Ukraine as "farms" were made a year ago.

Apple has become the latest major corporation to suspend all product sales in Russia, part of a growing corporate response against the country’s invasion of Ukraine. The iPhone giant said it was “deeply concerned” about the Russian invasion and stands with those “suffering as a result of the violence”. Apple Pay and other services such […] The post Apple to suspend sales and limit services in Russia appeared first on Livenews.ng .

Google, Ford, Honda, and Exxon Mobil have also shunned Russia

KYIV, Ukraine — Ukraine’s Defense Ministry says it has evidence that Belarus, a Russian ally, is preparing to send troops into Ukraine. The ministry statement, posted on Facebook at midnight, said the Belarussian troops have been brought into combat readiness and are concentrated close to Ukraine’s northern border. “During the past 24 hours, according to intelligence findings, there has been significant aircraft activity. In addition, there has been movement of a column of vehicles with food and ammunition” approaching the border,” the statement said. ___ BOSTON — A firm that tracks cryptocurrency transactions says $33.8 million in the digital currency has been donated to Ukraine’s government and non-governmental organizations there since the start of Russia’s invasion, nearly a third of it on Tuesday. Chief Scientist Tom Robinson of Elliptic said most donations to date have been in bitcoin and ether. Some people are sending non-fungible tokens, or NFTs, to the Ukrainian government’s ethereum account.

Apple has halted its products sale in Russia over the country’s invasion of Ukraine and has limited Apple Pay. To recall, Ukrainian leaders had urged … The post Apple Stops Sellings Its Products In Russia Via Apple Store appeared first on Gizchina.com .

"The process to discontinue operations will need to be carefully managed and closely coordinated with the co-venturers in order to ensure it is executed safely," said ExxonMobil in a statement.