As a growing list of US multinational businesses -- from Apple to Levi's -- suspend activities in Russia, some companies choose to stay in the country despite the risks to their reputation. But they face mounting pressure: calls for repercussions are appearing on social media under hashtags such as #BoycottMcDonalds and #BoycottPepsi -- two companies…
DiNapoli has also sent letters to snack manufacturer Mondelez; cosmetics groups Estee Lauder and Coty; and brokerage firm Bunge. – Legitimate reasons -Starbucks said that its 130 coffee shops in Russia are owned by a Kuwaiti conglomerate. The coffee giant has pledged to donate any profit from its business in Russia to humanitarian efforts in Ukraine.
“Any one company leaving the country isn’t going to tip the balance… but there’s a cumulative effect,” Fort added. The economic sanctions imposed on Russia with broad consensus by Western governments “is really the best way to deal with Russia, as opposed to a military confrontation,” the former White House ethics lawyer said.
U never see anything yet