Guardian Glass has sold its business in Russia, which included two glass plants employing approximately 600 people. The purchaser is a private enterprise in the…
invasion
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Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation
The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse…
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Koch Industries to Close Glass Plants in Russia
Koch Industries, the parent company of Guardian Glass, is calling for employees to shut down its two glass plants in Russia as a number of…
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United States, EU Throw Weight Behind Sanctions
Financial sanctions have dealt a “pretty significant blow” to Russia, says Isabelle Icso, director of international policy at the U.S. Chamber of Commerce in Washington,…
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VELUX Group Permanently Closes its Operations in Russia and Belarus
VELUX Group recently announced that it has decided to permanently close its operations in Russia and Belarus. The decision follows the company’s suspension of all…