Not all Western companies sever ties to Russia over Ukraine

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 99%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

A shrinking number of well-known companies are still doing business in Russia, even as hundreds have announced plans to curtail ties.

Burger King restaurants are open, Eli Lilly is supplying drugs, and PepsiCo is selling milk and baby food, but no more soda.

Some companies in lower-profile industries like agriculture have been able to fly under the radar and avoid the type of social media pressure that had been directed at brands such as McDonald's, Uniqlo and Starbucks, before they decided to cut ties this week, if only temporarily. Some of these decisions were driven by the need to comply with the sanctions Western governments leveled at Russia; others came because of supply chain issues or the fear of a hit to their reputations. S anctions have already taken a toll on Russia's economy and global trade.Citigroup said Wednesday that selling its 11 Russian bank branches will be difficult because the country's economy has been cut off from the global financial system.

This sometimes applies to hotels as well: Marriott says its Russian hotels are owned by third parties, and it's evaluating their ability to remain open. Pharmaceutical company Eli Lilly is one of them. "We continue to distribute medicines in Russia as patients with cancer, diabetes and auto-immune diseases everywhere count on us to support them," said spokesperson Tarsis Lopez, noting that EU and U.S. sanctions do not apply to medicine.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So Canadians should boycott them!

Keep posting lists so we can boycott their products!

Money doesn’t smell.

Got the point and will avoid Burger King until Ukraine is free from Russian invasion.

OH MY GOD! IF THESE CORPOS DON'T HATE RUSSIAN PEOPLE, HOW CAN I SUPPORT THEM?!?!?!?!

Looks like I'll be eating more Whoppers for the time being.

fuck burger king i'll boycott it

Never had a Burger in one of your Restraunts Guess what, never will.

BoycottBurgerKing BurgerKing

ok, BurgerKing and pepsi time to show where your humanity is...

That’s fine, we can boycott them here.

Thanks for the list. No whoppers for a while then

Burger King restaurants are open, Eli Lilly is supplying drugs, and PepsiCo is selling milk and baby food, but no more soda

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines