Robert Besser
20 Sep 2022, 00:23 GMT+10
KYIV, Ukraine: Ukrainian President Volodymyr Zelenskiy has thanked American sportswear manufacturer Nike for ending the sales of its products in Russia.
Zelenskiy said he had spoken to Nike officials and thanked them for making what he called the "right decision" to leave Russia.
"This is an example of how business can play a significant role in protecting humanity and freedom," he said in a video address. "If a state chooses the path of terror, it is the duty of every self-respecting company to distance itself from such a state."
Meanwhile, Nike officials told Reuters that it was planning to leave the Russian market back in June. In March, Nike temporarily suspended operations at all its Nike-owned and -operated stores in Russia.
Nike now joins other major western brands that have stopped conducting business in Russia since its February invasion of Ukraine.
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationSEOUL, South Korea: Thousands of South Korean educators and school staff gathered in Seoul over the weekend to demand increased ...
CHRISTCHURCH, New Zealand In a heartfelt tribute to the victims of the tragic 2019 Christchurch attacks, the Australian Federal Police ...
JAKARTA, INDONESIA: Government data released this week showed that as imports, such as raw materials and capital goods, declined more ...
SYDNEY, Australia: Contrary to earlier concerns, exports of liquefied natural gas (LNG) continued from Chevron's two Western Australian plants last ...
TAIPEI, Taiwan: This week, Terry Gou, founder of major Apple supplier Foxconn, announced that his running mate in Taiwan's presidential ...
BEIJING, China: U.S. aerospace and defense firms Northrop Grumman and Lockheed Martin have been sanctioned by China for selling weapons ...
SHANGHAI, China: A survey published this week by the American Chamber of Commerce (AmCham) in Shanghai showed that political tensions ...
DAYTON, Ohio: Under an agreement announced this week, Joby Aviation will produce state-of-the-art electric vertical takeoff and landing (eVTOL) aircraft ...
NEW YORK, New York - U.S. stocks and bonds caught on to a global trend Thursday as sellers took charge ...
CHICAGO, Illinois: The Chicago Symphony Orchestra (CSO) and the Chicago Federation of Musicians announced over the weekend that they agreed ...
ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...
NEW YORK: This week, the Wall Street Journal (WSJ) reported that U.S. electric vehicle (EV) maker Tesla and Saudi Arabia ...