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Added on : 2022-03-09 14:27:44

Consumer giants including McDonald's, Coca-Cola and Starbucks have joined the list of firms halting business in Russia due to the invasion in Ukraine. McDonald's said it was temporarily closing its roughly 850 restaurants in Russia, while Starbucks also said its 100 coffee shops would shut. On Wednesday, Heineken stopped beer production and sales in Russia. And Mothercare said all business in Russia, which represents 20% to 25% of its global sales, had been stopped. The moves by McDonald's, Coca-Cola and Starbucks come after mounting pressure on companies to act over the war in Ukraine. All three firms said they would continue to pay their staff.

Editor & Publisher : Dr Dhimant Purohit

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