McDonald's says it is temporarily closing 850 restaurants in Russia in response to the Ukraine invasion.
President Joe Biden has decided to ban Russian oil imports in retaliation for its invasion of Ukraine, according to a person familiar with the matter.
By quitting this project, Exxon would end more than a quarter-century of continuing business presence in Russia.suspended most of its operations in Russia, with the exception of"providing essential medical equipment and supporting existing power services."is getting out of Russia and ditching its joint ventures with Gazprom, including its involvement with the moribund Nord Stream 2 natural gas pipeline.
Shell has also decided to stop buying Russian oil and gas and will close its service station network.also condemned Russia's actions and said it would no longer provide capital for new projects in the country. The entertainment giant had multiple films set for release in Russia in the coming months. That includes Marvel's"Doctor Strange in the Multiverse of Madness" on May 5 and Pixar's"Lightyear" on June 16.
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McDonald's Closing 850 Restaurants In Russia In Response To Putin's Invasion Of UkraineThe burger giant said it will continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald’s brand.”
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McDonald's to temporarily close 850 stores in RussiaMcDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald’s brand.” “Our values mean we cannot ignore the needless human suffering unfolding in Ukraine,” Kempczinski said.
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