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NEW DELHI: UGC launches common faculty recruitment portal for central universities. - May 4, 2023
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LONDON: KL Rahul, Jaydev Unadkat ruled out of IPL 2023, in danger of missing WTC final for India. - May 4, 2023
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GENEVA: World should prepare for El Nino, new record temperatures: UN. - May 3, 2023
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WASHINGTON: US philanthropy platform raises over $1 million for 25 Indian NGOs with help of young Indian-Americans. - May 3, 2023
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MOSCOW: India’s Urals oil imports dip in April as China ups competition. - May 2, 2023
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CUPERTINO: Apple opens its first retail store in India. - May 2, 2023
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KHARTOUM: Operation Kaveri, India brings home 754 more citizens from Sudan. - May 1, 2023
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BAHRAIN: Visit of MOS Shri. V. Muraleedharan,to Saudi Arabia & Bahrain. - May 1, 2023
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CALIFORNIA: Google took action against over 3,500 loan apps in India for violating norms in 2022. - April 28, 2023
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SAN JOSE: Startup with Indian roots beats Nvidia at ML Olympics. - April 26, 2023
MOSCOW: Nike says will permanently leave Russian market
MOSCOW: Nike said on Thursday it will be permanently leaving the Russian market and will not reopen its stores after temporarily shuttering them shortly after Moscow started a military campaign in Ukraine.
The US sports apparel giant is among a growing list of Western companies — including McDonald’s and Starbucks — that decided to pull out of Russia over Ukraine.
“Nike made a decision to leave the Russian market… The Nike stores were temporarily closed recently and will not reopen,” the company said in a statement.
It added that its website and app will no longer be available in the country.
Last month, Nike said it will not be renewing licensing agreements with Russian retailers.
Russia’s President Vladimir Putin ordered troops into pro-Western Ukraine on February 24, triggering unprecedented sanctions and sparking an exodus of foreign corporations including H and M, Adidas and Ikea.