Russia

L'Oréal, Imperial Brands Suspend Russian Operations

L'Oréal is temporarily closing its stores in Russia and suspending investments in the country, joining dozens of Western companies pausing operation...

Coca-Cola, PepsiCo Suspend Drinks Sales In Russia, L'Oréal Closes Stores

Coca-Cola Co and PepsiCo Inc said that they are suspending sales of their sodas in Russia, becoming the latest high-profile Western consumer brands to curt...

P&G Ending New Capital Investments, Reducing Portfolio In Russia

Procter & Gamble Co is ending all new capital investments in Russia and "significantly reducing" its portfolio to focus on basic hygiene, hea...

Lindt & Sprüngli Confident On Growth, Sees Little Impact From Russia

Swiss chocolate maker Lindt & Spruengli expects to grow sales by 6-8% this year, mostly due to price increases, and will continue its sm...

South Africa Sees Food Inflation, Opportunity From Russia-Ukraine War

South Africa will feel the impact of the Russia-Ukraine conflict on food prices but is also primed to benefit from it through maize exports, experts said o...

Dairy Firms Arla And Valio Halt Operations In Russia

Dairy firms Arla Foods and Valio have joined the growing list of firms to halt operations in Russia, due to the ongoing conflict with Ukraine.

Brazil Meat Firms Could Replace Ukrainian, Russian Suppliers As War Rages On

Soaring grain prices in the wake of Russia's attack on Ukraine are hurting Brazilian meatpackers, but trade disruptions facing Ukrainian and Russian meat p...

Danone Shares Fall After It Closes Ukraine Plant, Suspends Russia Investments

Shares in Danone fell 3% on Monday after the French food group said it was suspending investments in Russia and had closed one of its two factories in Ukra...