McDonald's

McDonald's to reopen some restaurants in Ukraine

Over the next few months, McDonalds will work with suppliers to get product to restaurants, prepare the properties to service customers, bring its employees back on site and implement enhanced safety procedures and protocols.

Nike to fully exit Russia

Retail giant Nike has decided to fully exit Russia following the country's invasion of Ukraine. The company said it would scale down operations there.

Nike won't renew franchise agreements in Russia: report

Nike has reportedly not renewed franchise agreements in Russia. The athletic clothing brand announced it would temporarily suspend operations at all its Nike-owned and -operated stores there due to Russia's invasion of Ukraine.

McDonald's to sell Russian business

The announcement comes after McDonald's said in early March that it temporarily closed restaurants in Russia and paused operations in the market.

McDonald's benefits from price hikes

Sales at stores that were open at least a year increased 3.5% in the January-March period, even in the midst of an "increasingly complex and uncertain operating environment," according to McDonald's CEO Chris Kempczinski.