Home » Current Affairs » Tik Tok, Netflix, McDonalds’s, Pepsi and others suspend business in Russia; Full List here

Tik Tok, Netflix, McDonalds’s, Pepsi and others suspend business in Russia; Full List here

Tik Tok, Netflix, McDonalds’s, Pepsi and others suspend business in Russia; Full List here

Russia Ukraine News: global giants like Netflix, Tik Tok, McDonald‘s, Pepsi, Coca-Cola, and others join a list of companies that have announced a temporary suspension of their services and business in Russia in response to the country’s invasion of Ukraine.

The Coca-Cola Company announced in a press release that it was suspending business in Russia. “Our hearts are with those who are suffering the unconscious effects of these tragic events in Ukraine,” it said.

Starbucks CEO Kevin Johnson said“We condemn the horrific attacks on Ukraine by Russia and our condolences to all those affected.” He said the company has decided to suspend all business activities in Russia, including shipments of all Starbucks products.

As Russia’s assault on Ukraine’s cities continues, the United States, Western nations and the European Union have now imposed new sanctions on Russia and targeted the Russian oil and gas sector with new restrictions on its military action in Ukraine. .

See the full list of companies that have so far suspended operations in Russia amid the Ukraine conflict.

serial numbercompanies
1.Accounting and Financial Services:

1. KPMG

2. PwC

3. Payment card service giant American Express

4. Visa

5. MasterCard

2.Entertainment and messaging companies:

1. Global Streaming Entertainment Service Netflix

2. Instant Messaging App Snapchat

3. Tik Tok

3. Technology companies:

1. Apple

2. Microsoft

3. Alphabet Inc.’s Google

4. Meta (formerly Facebook)

5. Samsung Electronics

4.Retail companies:

1. PVH, the American company that operates Calvin Klein and Tommy Hilfiger

2. Nike

3. H&M

4. Ikea

5.Food and Beverages:

1. Pepsi

2. Coca-Cola

3. Coffeehouse chain Starbucks

4. McDonald’s

6.Vehicle Manufacturer:

1. General Motors Company

2. Ford Motor Company

3. Volkswagen AG

4. Toyota Motor Corp.

Background

The latest suspension of business in Russia by McDonald’s, Netflix, Coke, Pepsi, Tik Tok and other global giants comes after Ukraine’s invasion of Ukraine recognized the breakaway territories of Luhansk and Donetsk as independent republics.

However, Russia continues to maintain that it launched military operations in Ukraine to rescue the inhabitants of eastern Ukraine and demilitarize the country’s political leadership.

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