Live Update
From the Liveblog of
Wednesday, March 23, 2022
Renault suspends work at Moscow factory
PARIS — French car giant Renault says it will immediately suspend operations at its Moscow factory after Kyiv called for a boycott of the company for remaining in Russia.
Renault is also considering “the possible options” for its Russian affiliate AvtoVAZ, the company says in a statement, adding that it had downgraded its 2022 financial outlook.
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