American tobacco company Philip Morris plans to leave the Russian market by the end of 2022. The company's CEO, Jacek Olczak, said this in an interview with Bloomberg.
In March, the company said that it was working on options to exit the Russian market due to Russia's full-scale invasion of Ukraine.
Dive into the week's major events reshaping global landscapes: Middle East tensions, U.S. politics, and more. Read now for comprehensive insights!
Alison Kemper reveals how political pressures lead companies like Google and Home Depot to abandon Pride, impacting DEI efforts globally.
As drone attacks persist on Kharkiv and Odesa, Russia faces recession, and global focus wavers due to Iran-Israel conflict. What we know on day 1213.
Amidst strategic shifts and restructuring, Embracer Group sees major personnel changes with new leadership and significant staff reductions.