Russian businessman Alexander Govor, who had been a licensee of the chain, bought the 850-restaurant operation following the departure of US fast-food giant from the country in May.
The fast-food giant's decision is part of an exodus of foreign corporations including H&M, Starbucks and Ikea in reaction to Russia's incursion in Ukraine in February.
Global brands bow to public pressure and suspend their operations in Russia, joining international corporate chorus of outrage over Moscow's invasion of Ukraine.
The world’s largest fast food company uses more child-targeted ads on their Instagram accounts in lower-middle income countries, increasing their exposure to negative health outcomes.
A leaked foreign ministry cable reveals the Israeli government's aim to stir popular sentiment in the US and elsewhere against Ben & Jerry’s and Unilever.
The brand had fallen behind in the market to rival Burger King, which was the first to launch a vegetarian version of its iconic "Whopper" burger in April 2019 in the United States.
Companies are less concerned with being on the wrong side of history than hurting their bottom line.
Looting should not be condoned, so why are we silent when corporations indulge in it?
The suit, filed at the Organization for Economic Cooperation and Development (OECD)'s offices in the Netherlands, was the first of its kind to target a multinational company, the plaintiffs said.
Local media said at least one suspect was being sought in connection with the mass shooting that took place near a McDonalds fast food restaurant, just blocks away from the Pike Place Market.
McDonald's announced that President and CEO Steve Easterbrook was out after showing "poor judgment" by engaging in a "consensual relationship" with an employee.
US states Illinois and Iowa said at least 105 cyclospora infections were being treated. The franchise had pulled salads off the menu from over 3,000 stores across the US.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2023 TRT World.
Like
Follow