McDonald's Corp on Monday became one of the biggest global names to exit Russia, laying out plans to sell all its restaurants after operating for more than 30 years in the country following its invasion of Ukraine. The world's largest burger chain, which owns about 84% more its nearly 850 restaurants in Russia, will take a related non-cash charge of up to $1.4 billion. McDonald's had in March decided to close its restaurants in the country, including the iconic Pushkin Square location in central Moscow - a symbol of flourishing American capitalism in the dying embers of the Soviet Union. FILE PHOTO: A logo of the McDonald's restaurant is seen in the window with a reflection of Kremlin's tower in central Moscow, Russia March 9, 2022. REUTERS/Maxim Shemetov In the Russia of the ...
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