Reuters reveals Nike to make full exit from Russia – Reuters News Agency

Business & Finance

Reuters exclusively revealed that Nike is making a full exit from Russia three months after suspending its operations there, as the pace of Western companies leaving the country accelerates. Foreign companies seeking to exit Russia over the war in Ukraine face the prospect of new laws being passed in the coming weeks allowing Moscow to seize assets and impose criminal penalties.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Europe

Countries: Russia

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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