Another round of American-based multinationals, including McDonald’s, Starbucks, Coca-Cola, and General Electric, have said that they were temporarily suspending business in Russia in response to the country’s invasion of Ukraine. Many international corporations have already ceased operations in Russia in protest of its invasion in Ukraine last month. Pressure has been mounting for two weeks on […]
Russia Ukraine War Live News, Russia Ukraine Conflict Crisis News Today, 8 Mar: More global brands including McDonald''s, Starbucks and Coca-Cola stopped sales in Russia
As Russia faces unprecedented sanctions following its invasion of Ukraine, an equally extraordinary number of corporations are pulling out of the country – often going above and beyond what is required by law. From Shell, Exxon, Boeing and Airbus, to Apple, Disney, TikTok, McDonald’s and Starbucks, top brands and industry leaders are suspending their operations in Russia …

McDonald’s leads fresh exodus of brands from Russia

01:24am, Wednesday, 09'th Mar 2022 Newslanes
McDonald’s led a fresh exodus of the west’s biggest consumer brands from Russia on Tuesday, with Coca-Cola, PepsiCo, Starbucks and Unilever among those halting or cutting operations in response to Vladimir Putin’s invasion of Ukraine. The first McDonald’s to open in Moscow in January 1990 was seen as one of the markers of the end […] McDonald’s leads fresh exodus of brands from Russia
PepsiCo, Coca-Cola, McDonald’s and Starbucks each said Tuesday they are suspending business in Russia after that country’s invasion of Ukraine, a symbolic move by four iconic U.S. brands. Pepsi has sold it products in Russia for more than six decades, even when the company had to trade its soda concentrate for Stolichnaya vodka and warships. […] The post Coca-Cola, McDonald’s, Pepsi and Starbucks suspend business in Russia appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
Business leaders are feeling increasing pressure to contribute to the global rebuke against Vladimir Putin’s regime and the humanitarian crisis it has wrought in Ukraine

Food Companies, Long Symbols of the West in Russia, Pause Operations

12:14am, Wednesday, 09'th Mar 2022 New York Times
After years of cultivating the Russian market, McDonald’s, Starbucks, PepsiCo and Coca-Cola said they would temporarily close locations or stop selling products there.
“We’ll continue to subject Russians to our Pumpkin-Spiced Lattes”
The corporate exodus from Russia continued Tuesday as McDonald''s, Coca-Cola, Starbucks, and Pepsi announced that they are temporarily suspending business in Russia over Putin''s invasion of Ukraine.
McDonald''s, Starbucks, Coca-Cola and General Electric all announced Tuesday they were temporarily suspending their business in Russia
Coca-Cola, Starbucks, Pepsi and Yum! also suspend some operations as boycott pressure grows; Yale team says 290 large companies have withdrawn, but 30 remain
The latest developments on the Russia-Ukraine war : LVIV, Ukraine — Ukrainian President Volodymyr Zelenskyy thanked the leaders of the U.S. and Britain for banning Russian oil imports. “This is a powerful signal to the whole world,” he said in his daily address to the nation at the close of another day of war. “Either Russia will respect international law and not wage wars, or it will have no money.” Zelenskyy said when he went to address the British Parliament, “the scariest figure was the 50 Ukrainian children killed in 13 days of war. But then in an hour it became 52 children. I will never forgive this. And I know that you will never forgive the occupiers.” Zelenskyy called for negotiations with Russia on ending the war. “The war must be stopped. We need to sit down at the negotiating table, but for honest, substantive talks.” ____ WASHINGTON — The Pentagon said Tuesday that Poland’s offer to give its MiG-29 fighter jets to the U.S. so they can be passed to Ukraine raises serious concerns for the NATO alliance and the plan is not “a tenable one.” Pentagon Press Secretary John Kirby said in a statement that the prospect of jets departing from a U.S./NATO base in Germany to fly into airspace contested with Russia in the Ukraine war is concerning.

Coke, Pepsi and Starbucks Halt Business in Russia

11:31pm, Tuesday, 08'th Mar 2022 Adweek
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 …
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