{"id":1052406,"date":"2022-04-11T08:49:46","date_gmt":"2022-04-11T08:49:46","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/04\/11\/ericsson-suspends-all-business-in-russia-business-news\/"},"modified":"2022-04-11T08:49:46","modified_gmt":"2022-04-11T08:49:46","slug":"ericsson-suspends-all-business-in-russia-business-news","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/04\/11\/ericsson-suspends-all-business-in-russia-business-news\/","title":{"rendered":"Ericsson Suspends All Business In Russia | Business News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Swedish telecom equipment maker Ericsson (ERICb.ST) said on Monday it was suspending its business in Russia indefinitely.<\/p>\n<p>&#8220;In the light of recent events and of European Union sanctions, the company will now suspend its affected business with customers in Russia indefinitely,&#8221; it said in a statement.<\/p>\n<p>Employees in Russia will be placed on paid leave, it said.<\/p>\n<p>Ericsson said it would record a 900 million crown ($95 million) provision in the first quarter for impairment of assets and other exceptional costs related to the move.<\/p>\n<p>In February, Ericsson paused deliveries to customers in Russia.<\/p>\n<h3><strong\/><\/h3>\n<p><span class=\"peace_black_text_4\">Source: REUTERS<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<table width=\"100%\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" style=\"clear:both\">\n<tr>\n<td><span class=\"peace_red_text_1\">Disclaimer<\/span>: <span class=\"peace_ash_text_1\">Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.<\/span><\/td>\n<\/tr>\n<\/table>\n<p>Featured Video\n<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"wB2-NHndouE\"><iframe loading=\"lazy\" title=\"Our Fight Against Sim Card Registration Is Unending- Hon. Ras Mubarak Cautions Gov&#039;t\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/wB2-NHndouE?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Swedish telecom equipment maker Ericsson (ERICb.ST) said on Monday it was suspending its business in Russia indefinitely. &#8220;In the light of recent events and of European Union sanctions, the company will now suspend its affected business with customers in Russia indefinitely,&#8221; it said in a statement. Employees in Russia will be placed on paid leave, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1052416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2009,7305,86,5339,259],"class_list":["post-1052406","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ericsson","tag-news","tag-russia","tag-suspends"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1052406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1052406"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1052406\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1052406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1052406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1052406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}