RUSSIA – Diageo, a British multinational alcoholic beverage company, has announced the decision to wind down its operations in Russia…
Read MoreBritish alcoholic beverage giant Diageo to exit Russia before the end of the year
Tag: Russia
Rebranded Mcdonald’s assumes the name Vkusno & Tochka, starts operations in Russia
RUSSIA – Vkusno &Tochka, the name of the rebranded McDonald’s business in Russia, has commenced operations under the ownership of…
Read MoreRussian forces stop Ukrainian grain ships from departing the Black Sea
RUSSIA—Up to 300 ships have been stopped by Russian forces from departing the Black Sea, leaving one of the key…
Read MoreStarbucks pulls the plug on Russian operations 15 years after entry
RUSSIA – Starbucks, the world’s largest coffeehouse chain, is exiting the Russian market and will no longer have any brand…
Read MoreArla fully exits Russia, sells business to local management
Russia – Danish multinational dairy cooperative, Arla Foods has sold its business in Russia, just a few months since it…
Read MoreRussia expects to export more wheat from upcoming harvest owing to a large harvest and stockpile
RUSSIA — Russia, one of the world’s largest wheat exporters, will export more wheat in the new July-June marketing season…
Read MoreMcDonald’s to leave Russia 32 years after historic entry
RUSSIA – American multinational fast food corporation McDonald’s is exiting the Russian market bringing an end to a stint that…
Read MoreStora Enso to take another US$58m hit following decision to exit Russia
RUSSIA – Finnish corrugated packaging company Stora Enso is expecting to incur an additional loss of US$55 million following its…
Read MoreG7 warn war in Ukraine is stoking a global food and energy crisis
GERMANY—Group of Seven advanced economies warn that the war in Ukraine is stoking a global food and energy crisis which…
Read MoreGlobal wheat supply suffers as conflict persists in Ukraine and other key suppliers endure weather-reduced crop
UKRAINE— Global wheat supply suffers as conflict persists in top producer Ukraine and as other key suppliers, India and USA…
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