The international isolating of Russia is leaving local businesses flailing as foreign firms head for the exits, helping to drive the economy deeper into recession. Besieged by international sanctions over President Vladimir Putin’s invasion of Ukraine, the world’s 11th-largest economy is suffering a rash of departures by multinational companies in industries as varied as car manufacturing, sporting goods and consumer appliances. For those firms’ erstwhile Russian partners, the only choice is to retool on the fly in the hope of staying in business. Ikea , Renault SA , Apple Inc. , Nike Inc. and Royal Dutch Shell Plc are among those to have pulled back. At risk of losing employment are nearly 3 million Russians who work either for companies based abroad or domestic companies in joint ventures with counterparts overseas. For billionaire Oleg Deripaska, himself under U.S. sanctions […]