Coca-Cola and PepsiCo suspend Russia business, point to "events in Ukraine"
CBSN
Coca-Cola and PepsiCo — two of the biggest beverage producers on the globe — are joining the largest fast-food chain in suspending business in Russia in the wake of that nation's invasion of Ukraine.
Echoing concern for the people of Ukraine voiced earlier in the afternoon by McDonald's, Atlanta-based Coca-Cola on Tuesday announced it was curtailing operations in Russia. "Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine," the multinational stated.
"We will continue to monitor and assess the situation as circumstances evolve," the statement added.
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