Highlights

  • Coca-Cola, Pepsi, Starbucks, McDonald's suspend Russia operations
  • U.S. food companies faced pressure on social media

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Burgers, coffee to fizzy drinks ..the bans Russia faces

McDonald's temporarily closed 850 locations in Russia, however, the company would continue to pay its 62,000 employees.

Burgers, coffee to fizzy drinks ..the bans Russia faces

Mcdonald's has shut its operations in Russia amid growing pressure on social media.

The burger giant announced Tuesday it was temporarily closing 850 locations in Russia, however, the company would continue to pay its 62,000 employees in the country. McDonald's has also shut temporarily its 100 locations in the war-hit Ukraine.

Also read/watch | Crude Oil could go to $300/bbl warns Russia if oil export is sanctioned

Coca-Cola, Pepsi, and coffee chain Starbucks also announced suspending their operations in Russia.

U.S. food companies and fast-food chains were facing immense criticism over social media platforms and from large investors to halt operations in Russia.

Also read/watch | How Bitcoin and other crypto becoming critical in the war

Tech behemoths like Apple and luxury retailers like Hermès had closed their stores in Russia earlier.

Also read/watch | Biden bans Russian oil without EU

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