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As pressure mounted, Coca-Cola, PepsiCo and Starbucks all announced today that they are pausing their business in Russia, joining a sprawling list of brands that are suspending any presence in the country during its invasion of Ukraine. The announcements from the three companies came within two hours of each other and followed closely behind that…

DETROIT – McDonald''s, Starbucks, Coca-Cola, PepsiCo and General Electric –– ubiquitous global brands and symbols of U.S. corporate might –– all announced Tuesday they were temporarily suspending their business in Russia in response to the country''s invasion of Ukraine. "Our values mean we cannot ignore the needless human suffering unfolding …

PepsiCo''s ex-CEO privately called Vladimir Putin a "great leader" at a high-level meeting in Switzerland shortly after Russia annexed Crimea in 2014 -- rankling fellow business leaders even as she cultivated unusually cozy ties with the Russian president, The Post has learned.

DETROIT (AP) — McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric __ ubiquitous global brands and symbols of U.S. corporate might __ all announced Tuesday they were temporarily suspending their business in Russia in response to the country’s invasion of Ukraine. “Our values mean we cannot ignore the needless human suffering unfolding in Ukraine,” McDonald’s President […]

DETROIT (AP) — McDonald''s, Starbucks, Coca-Cola, PepsiCo and General Electric __ ubiquitous global brands and symbols of U.S. corporate might __ all announced Tuesday they were temporarily suspending their business in Russia in response to the country''s invasion of Ukraine. “Our values mean we cannot ignore the needless human suffering unfolding in Ukraine,” McDonald''s President and CEO Chris Kempczinski said in an open letter to employees. The Chicago-based burger giant said it will temporarily close 850 stores but continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald’s brand.” Kempczinski said it''s impossible to know when the company will be able to reopen its stores. “The situation is extraordinarily challenging for a global brand like ours, and there are many considerations,” Kempczinski wrote in the letter. McDonald''s works with hundreds of Russian suppliers, for example, and serves millions of customers each day. Last Friday, Starbucks had said that it was donating profits from its 130 Russian stores __ owned and operated by Kuwait-based franchisee Alshaya Group __ to humanitarian relief efforts in Ukraine.

Coca-Cola and PepsiCo announced on Tuesday they are suspending sales of their sodas in Russia, becoming the latest high-profile Western consumer brands to curtail operations in the region following Moscow''s invasion of Ukraine, Reuters reported. Coca-Cola said its business in Russia and Ukraine contributed about 1% to 2% of the company''s net operating revenue in 2021. PepsiCo, meanwhile, said it would continue to sell daily essentials, such as milk and other dairy offerings, baby formula and baby food, in Russia.

Coca-Cola and PepsiCo are suspending business in Russia, the soft drink giants announced Tuesday, as corporations and Western governments penalize Moscow for its invasion of Ukraine.

PepsiCo suspends sale of Pepsi-Cola in Russia following Coca Cola & McDonald''s: "We''ve been operating in Russia for >60yrs, & we have a place in many Russian homes", PepsiCo CEO says: "Pepsi entered market height of Cold War & helped create common ground between US & Soviet Union h/t Holger Zschaepitz

PepsiCo has suspended all drinks sales in Russia following Vladimir Putin’s invasion of Ukraine but says it will continue to sell essential products such as baby milk and foods.

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The Coca-Cola Co. and PepsiCo on Tuesday said they will suspend their business in Russia, joining other leading U.S. brands in boycotting the country amid its invasion of Ukraine. “Our hearts are with the people who are enduring unconscionable…

An employee of Burger King restaurant, prepares an order with Coca-Cola in Moscow, Russia January 21, 2010. Denis Sinyakov | Reuters PepsiCo, Coca-Cola and Starbucks said Tuesday they were suspending business in Russia after that country’s invasion of Ukraine, joining McDonald’s and a host of other U.S. corporations. “Our hearts are with the people who […] Iconic U.S. brands Coca-Cola, Pepsi and McDonald’s suspend business in Russia

The Coca-Cola Company and PepsiCo have announced they are suspending their operations in the Russian market amid conflict with Ukraine Read Full Article at RT.com

PepsiCo is the latest consumer products multinational that is exploring options for its business in Russia. Read more.