RNFTF - London Stock Exchange PayPal U.K. add more financial pain for Russia

Companies, governments and markets are taking more actions to distance themselves from Russian companies in response to Russia's invasion of Ukraine. The London Stock Exchange (OTCPK:LDNXF) (OTCPK:LNSTY) has suspended trading in 27 companies, the U.K.'s Treasury is denying Russian aviation and space companies access to the U.K. insurance sector, and PayPal (NASDAQ:PYPL) has stopped accepting new users in Russia. The London Stock Exchange (OTCPK:LDNXF) has suspended trading of some of Russia's biggest publicly traded company stocks, including Sberbank (OTCPK:SBRCY), Gazprom (OTCPK:OGZPY) (OTCPK:GZPFY), Lukoil (OTCPK:LUKOY), Rosneft Oil (OTCPK:RNFTF), Novatek (OTCPK:NOVKY), and RusHydro (OTCQX:RSHYY). The LSE said it's taking the action "in connection with events in Ukraine, in light of market conditions, and in order to maintain orderly markets."  The U.K. Treasury said its further economic sanctions on Russian aviation and space companies "will limit the benefits Russian entities receive from their access to the global insurance and reinsurance market." Note that Lloyd's

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London Stock Exchange, PayPal, U.K. add more financial pain for Russia