McDonald's and Starbucks in Russia to temporarily close

Fast food chain was first to make announcement, followed by coffee company and PepsiCo and Coca-Cola

Sony's game division and Nintendo said they have suspended shipments of software and hardware to Russia. Nintendo said it is suspending shipping all products to Russia "for the foreseeable future... due to considerable volatility surrounding the logistics of shipping and distributing physical goods." AFP

Rio Tinto said it "is in the process of terminating all commercial relationships it has with any Russian business". It has an alumina joint venture with Moscow-based United Rusal International. Reuters

McDonald's is temporarily closing all 847 of its restaurants in Russia. AFP

Starbucks is suspending all business activity in Russia, including shipments of its products and cafes run by licencees. AFP

Coca-Cola is suspending sales in Russia. Coca-Cola said its business in Russia and Ukraine contributed about 1 to 2 per cent of the company's net operating revenue in 2021. Reuters

PepsiCo is suspending sales of its sodas in Russia. It said it would continue to sell daily essentials, such as milk and other dairy offerings, baby formula and baby food, in Russia. Getty Images / AFP

Yum Brands, behind KFC and Pizza Hut, also said it was suspending investment in Russia. Reuters

Toyota is halting production at its plant in St Petersburg, and will halt vehicle shipments to Russia. Reuters

Ikea said it would suspend its activities in Russia and Belarus, affecting nearly 15,000 employees, 17 stores and three production sites. AFP

Honda will stop exports of cars and motorcycles to Russia. EPA

Jaguar Land Rover has paused the delivery of its cars to Russia due to "trading challenges".

Airbus is suspending sale of parts and support services to airline customers in Russia. Reuters

Boeing has suspended major operations in Moscow and temporarily closed its office in Kyiv. It is also suspending parts, maintenance and technical support services for Russian airlines. Reuters

Nike has made merchandise purchases on its website and app unavailable in Russia as it cannot guarantee delivery of goods to customers in the country, an update on the sportswear maker's website showed. Bloomberg

German sportswear company Puma has stopped deliveries to Russia, but its 100 stores are open. Getty Images

Shell is to exit all its Russian operations, including a major liquefied natural gas plant. The company also plans to end its involvement in the Nord Stream II gas pipeline from Russia to Germany. PA

BP is exiting its 19.75 per cent shareholding in Russian oil giant Rosneft after pressure from the UK government. BP has operated in Russia for more than 30 years. Reuters

ExxonMobil will cease operations in Russia and refrain from making new investments in the country. It holds a 30 per cent stake, alongside Rosneft, Japan's Sodeco and India's ONGC Videsh, in the Sakhalin Island oil and gas fields in Russia’s far east. Its business in the country is valued at more than $4 billion. AFP

Eni said it would withdraw from the Blue Stream gas pipeline linking Russia to Turkey, in which it has a 50 per cent stake. The company controls the gas pipeline -- which links the two countries via the Black Sea -- equally with Russian energy giant Gazprom. Reuters

British Gas owner Centrica has said it will exit gas supply agreements with its Russian counterparts, including Gazprom. Centrica said it currently has a medium-term contract with Gazprom Marketing and Trading, the Russian energy company's UK entity, through which gas can be sourced from the open market. Reuters

Norwegian energy group Equinor said it will start the process of divesting from its joint ventures in Russia. Reuters

HSBC said it was starting to wind down relations with a host of Russian banks including the second-largest, VTB, one of those targeted by sanctions, a memo seen by Reuters showed. AFP

Volkswagen suspended deliveries of cars to dealers in Russia. 'Deliveries are to resume as soon as the effects of the sanctions imposed by the European Union and the United States have been clarified', a VW representative said. AP

Swedish automaker Volvo Cars said it would suspend car shipments to the Russian market until further notice, becoming the first international car maker to do so. Supplied

GM said it would suspend all vehicle exports to Russia until further notice. The Detroit company does not have plants in Russia, only sells about 3,000 vehicles annually in the country and has limited supply-chain exposure. AFP

Danish shipping giant Maersk said that it would stop taking new non-essential orders to and from Russia, owing to sanctions imposed over Moscow's invasion of Ukraine. AFP

Singapore-headquartered container shipping company Ocean Network Express has suspended bookings to and from Russia. Reuters

AerCap Holdings, the world's biggest plane lessor with about 5 per cent of its fleet leased to Russian airlines, said it will stop trading with Russian customers. Reuters

US-based United Parcel Service said it is halting delivery services to Russia and Ukraine. Bloomberg

FedEx also said it is temporarily suspending inbound and outbound services to Ukraine and inbound services to Russia until further notice. AP

Microsoft said it would remove Russian state-owned media outlet RT's mobile apps from its Windows App store and ban ads on Russian state-sponsored media. Reuters

Google has barred RT and other Russian channels from receiving money for ads on websites, apps and YouTube videos. Reuters

German heavy-goods vehicle group Daimler Truck has said it will cease its co-operation with Russian lorry-maker Kamaz. AFP

Motorcycle maker Harley-Davidson has suspended shipments of its bikes to Russia. Pictured, Russian President Vladimir Putin. Reuters

Facebook owner Meta Platforms has restricted access to accounts run by Sputnik and RT in the EU. Reuters

Apple has paused all product sales and limited the functionality of other services in Russia. Reuters

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McDonald's said on Tuesday it would temporarily close all 847 of its restaurants in Russia, increasing pressure on other global brands to pause operations in the country following Moscow's invasion of Ukraine.

Starbucks followed suit on Tuesday, and PepsiCo and Coca-Cola announced their halt of sales apart from essential goods.

Yum Brands, behind KFC and Pizza Hut, also said it was suspending investment in Russia.

The closure of the McDonald’s restaurants holds particular significance for Russia, where the first shop to open in central Moscow in 1990 became a symbol of flourishing American capitalism as the Soviet Union fell.

McDonald's said it would continue to pay salaries to its 62,000 employees in Russia.

Because of its large size and global reach, the chain is often copied by other companies if it takes a stance on an issue or makes a major operational change.

“If they decide to do something, then probably others will follow,” said international franchise consultant William Edwards.

Major global brands, including McDonald's and Pepsi, have been pressured to pause operations in Russia by bodies including the New York state's pension fund. Russia calls its actions in Ukraine a “special operation".

Coffee company Starbucks said on Tuesday that it is suspending all business activity in Russia, including shipments of its products and cafes run by licencees.

The company said that Kuwait-based Alshaya Group, which operates at least 100 Starbucks cafes in Russia, will "provide support to the nearly 2,000 partners in Russia who depend on Starbucks for their livelihood".

Yum Brands, parent company of fried chicken chain KFC, is pausing investment in Russia, a key market that helped the brand achieve record development last year, the company said.

The company has at least 1,000 KFC and 50 Pizza Hut shops in Russia that are nearly all run by independent franchisees.

It said in a post on its website dated Monday that it had "suspended all investment and restaurant development in Russia while we continue to assess additional options".

Coca-Cola Co and PepsiCo said on Tuesday they were suspending sales of their sodas in Russia.

Coca-Cola said its business in Russia and Ukraine contributed about 1 to 2 per cent of the company's net operating revenue in 2021.

PepsiCo, whose colas were one of the few western products allowed in the Soviet Union before its collapse, said it would continue to sell daily essentials, such as milk and other dairy offerings, baby formula and baby food, in Russia.

McDonald's opened in Pushkin Square 32 years ago as the Soviet Union was collapsing. That new restaurant represented the thawing Cold War tension at a time when some young Russians were desperate to buy blue jeans and other Americana.

“It's impossible to predict when we might be able to reopen our restaurants in Russia,” McDonald's chief executive Chris Kempczinski said in a note sent to staff on Tuesday and posted on the company's website.

“We are experiencing disruptions to our supply chain along with other operational impacts. We will also closely monitor the humanitarian situation.”

Of its nearly 850 Russian shops, 84 per cent are owned by the company and the rest are run mostly by one Moscow-based franchisee, Rosinter Restaurants Holding.