Last week when I was in Japan, I met up with an old friend of mine who is a senior executive at one of the world’s largest automobile manufacturers. He’s one of the top people in the organization– reports to the CEO, flies around on the corporate jet, the whole nine yards. So he knows […]
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One of the world’s largest tobacco manufacturers, Philip Morris International (PMI), said on Wednesday it was reducing production volumes and suspending planned investments in Russia amid ongoing supply chain disruptions and a changing regulatory framework.
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Europe’s largest energy company, Shell, announced plans to donate the profits from its latest purchase of Russian crude oil to a fund that helps Ukrainian refugees. The decision followed sharp criticism from Ukraine’s foreign minister Dmytro Kuleba over the move, however, it did not violate any Western sanctions.
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