LM NEWS 24
LM NEWS 24

Universal Music Group Suspends Ops In Russia

The multinational music corporation Universal Music Group on Tuesday said it is suspending its operations in Russia in response to the country’s invasion of Ukraine.

As per an official statement, the company announced the closing of Universal Music Group offices in Russia.

“Effective immediately, we are suspending all operations in Russia and closing our offices there. We urge an end to the violence in Ukraine as soon as possible. We are adhering to international sanctions and, along with our employees and artists, have been working with groups from a range of countries to support humanitarian relief efforts to bring urgent aid to refugees in the region,” said the statement.

Earlier, US beverage giants PepsiCo and Coca-Cola, along with fast food major McDonald’s and coffeehouse chain Starbucks all announced that they were temporarily suspending their business in Russia.

The slew of sanctions and suspensions of businesses come following Russia’s invasion of Ukraine after recognising the Ukrainian breakaway regions of Donetsk and Luhansk as independent republics.

Russia continues to maintain that it started the “military operations” in Ukraine to save the residents of eastern Ukraine and “demilitarise” and “denazify” the political leadership of the country. (ANI)

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are essential in order to enable you to move around the website and use its features. Without these cookies basic services cannot be provided.

Cookie generated by applications based on the PHP language. This is a general purpose identifier used to maintain user session variables. It is normally a random generated number, how it is used can be specific to the site, but a good example is maintaining a logged-in status for a user between pages.
  • PHPSESSID

Used on sites built with Wordpress. Tests whether or not the browser has cookies enabled
  • wordpress_test_cookie

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services
0
Would love your thoughts, please comment.x
()
x