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Is spotify down in russia5/30/2023 In the auto sector, Volkswagen just the latest to say it is halting its business in Russia, suspending all production and vehicle exports. The companies also restricted the discoverability of Russian government backed content from other outlets on its streaming site. Meanwhile, Spotify says it is closing its offices in Russia indefinitely and removing all content from state sponsored media outlets, RT and Sputnik. The company will continue to pay its 15,000 workers in the country. And it's had a major impact on trading conditions. The world's largest furniture company says that Russia's military invasion is resulting in serious supply chain disruptions. IKEA said it is temporarily halting all operations there and closing 17 stores. Video TranscriptĪKIKO FUJITA: In our worldview today, yet another major retailer is closing up shop in Russia for now, as Western brands continue to reconsider their operations in the country. Yahoo Finance's Akiko Fujita breaks down today's world news. Ikea, Volkswagen, and Spotify announce they are shutting down operations in Russia while France and Germany seize two Russian mega-yachts.
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