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Coca-Cola follows McDonald’s, Starbucks in suspending business in Russia

Summary by Ground News

The announcement comes on the same day McDonald's announced it would temporarily close more than 800 locations in Russia. Coca-Cola said it is monitoring the situation and will assess its stance on Russia if there are any future developments. The company's overriding hope is for peace in the region.

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Arab News

Coca-Cola, McDonald’s, Starbucks join Russia business boycott

DUBAI: Coca-Cola, PepsiCo, McDonald’s and Starbucks have joined a growing list of multinationals suspending operations in Russia over its invasion of Ukraine. Since last weekend, the hashtags #BoycottCocaCola and #BoycottPepsi have been trending on social media, with online activists calling for people to shun the brands.

3 years ago·Riyadh, Saudi Arabia

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East Idaho News

McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

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 Chic…

3 years ago·Idaho, United States

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ValueWalk

McDonald’s, Coca-Cola, PepsiCo, Flee Russia

McDonald’s Corp (NYSE:MCD) and Coca-Cola Co (NYSE:KO) have announced they will stop operating in Russia in response to the country’s invasion of Ukraine, adding to a list of big global...

3 years ago

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Newsweek

Heineken joins Starbucks, McDonald's in pulling business from Russia

A spokesperson for Heineken told Newsweek that the beer company has 1,800 employees and seven breweries in Russia.

3 years ago·United States

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The Press Democrat

McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

McDonald's, Starbucks, Coca-Cola, PepsiCo and General Electric all announced Tuesday they were temporarily suspending their business in Russia in response to the country's invasion of Ukraine.

3 years ago·Sonoma, United States

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