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Russia blocks Facebook, passes ‘fake news’ law; Microsoft, EA halt sales

Mount Equity Group Tokyo Japan > News > Business > Russia blocks Facebook, passes ‘fake news’ law; Microsoft, EA halt sales

Customers shop at an IKEA store in Omsk, Russia, March 3, 2022. REUTERS/Stringer

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  • Sweeping Western sanctions create investor minefield
  • Exxon faces a ‘complicated process’ as it exits
  • SocGen warned it might be stripped of Russian assets
  • Toyota halts production, Pirelli’s Russian plants continue
  • Banks count the every changing cost of sanctions

March 4 (Reuters) – Russia said it would block Facebook for blocking state media and Britain’s BBC stopped reporting in the country in the face of a new media law as Moscow on Friday raised the stakes for foreign corporations over its attack on Ukraine.

Internet provider Cogent (CCOI.O) said it would terminate services to Russia, potentially deepening the country’s isolation. read more

Microsoft (MSFT.O) said it was suspending sales in Russia and video game maker Electronic Arts (EA.O), which had removed Russian teams from popular games,…

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