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Moves by Nestle SA, Renault SA and Philip Morris International Inc. to scale back their Russian businesses have left a dwindling handful of holdouts resisting the corporate exodus.
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By Sinead Cruise and Huw Jones
Western businesses and banks that have decided on continuing operations in Russia or are planning to exit are facing massive difficulties as they attempt to balance international calls for pulling out from the country and potential retaliation from Moscow.
On Thursday, the US Congress passed a bill which includes almost $14bn in emergency aid for Ukraine.