The Starbucks logo and McDonald’s Golden Arches are being dismantled in Russia as the coffee and fast-food chains both withdraw from the country over the war in Ukraine. But Russians are still getting their fill of American fare like burgers and pizza, as Hard Rock Cafe and Sbarro are among the […]
Russia
These companies continue to do business in Russia
The list of companies continuing to operate in Russia is shrinking by the minute, but several dozen corporations including multinational manufacturers and fast-food chains are still doing business in the country despite intense public pressure to withdraw over its invasion of Ukraine. McDonald’s was among the big-name companies to announce last […]
As war rages in Ukraine, Nestle suspends sales of KitKat and Nesquik in Russia
Nestle will stop making brands including KitKat and Nesquik in Russia, the world’s largest food company said Wednesday amid public pressure to halt all business in the country as Russian forces continue to bombard cities in Ukraine. “As the war rages in Ukraine, our activities in Russia will focus on providing […]
Here are the companies still doing business in Russia undeterred
A corporate exodus from Russia in response to its military invasion of Ukraine has seen more than 300 U.S. and multinational companies sever business ties with the country — and the list is growing by the minute. But even as many flee, a number of big-name firms have remained mum. […]
Law firm DLA Piper to exit Russia as industry split deepens
DLA Piper, a UK law firm with a big operation in Russia, plans to quit the country, deepening an industry split between those joining the wider corporate exodus and others staying to advise clients amid the economic crisis engulfing the nation. DLA Piper, one of the world’s highest-grossing law firms, […]
Musk challenges Putin to ‘single combat’ over Ukraine, Russia responds: ‘Weakling’
Former FCC Chairman Ajit Pai discusses the relevance of the communications sector in military operations on ‘The Claman Countdown.’ Tesla CEO and SpaceX founder Elon Musk wrote to his 77.7 million Twitter followers on Monday that he was challenging Russian President Vladimir Putin to single combat and wagering Ukraine. […]
Big Law exits Russia
Large law firms are cutting ties with Russian clients and even shuttering their Moscow offices as U.S. and European sanctions hit blue-chip clients, and Russia’s cut off from segments of the global financial system. Why it matters: Big Law is just one of a host of sectors fleeing Russia amid […]
U.S. companies on Yale list suspend Russia business
Jeffrey Sonnenfeld, Yale School of Management Scott Mlyn | CNBC The Yale professor who put together a list of major Western companies still operating in Russia applauded multiple major American brands’ decisions to pause business in that country over its government’s war on Ukraine. “I am feeling pretty good about […]
Ukraine taps U.S. law firm Covington to press Russia claim at U.N. court
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March 1 (Reuters) – Ukraine has hired U.S. law firm Covington & Burling to pursue its claim against Russia at the International Court of Justice at the Hague over the ongoing Russian invasion, a firm spokesperson said Tuesday. Ukraine said in a court filing on Sunday that Russia had “falsely […]
Ukraine’s tech diaspora races to mobilize Silicon Valley in war with Russia
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OAKLAND, Calif., March 2 (Reuters) – Ukrainians working at Western tech companies are banding together to help their besieged homeland, aiming to knock down disinformation websites, encourage Russians to turn against their government, and speed delivery of medical supplies. They are seeking, through email campaigns and online petitions, to persuade […]
US tech company in Ukraine: Employees volunteer to fight Russia
Medal of Honor recipient Ret. Marine Cpl. Dakota Meyer argues giving Ukrainian civilians weapons is a ‘great strategy.’ A handful of San Francisco-based JustAnswer employees in Ukraine immediately volunteered to join Ukraine’s military in defending the nation against Russian forces, CEO Andy Kurtzig told FOX Business. “Our people want to fight […]