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McDonald's, Starbucks, Coke, Pepsi join exodus out of Russia

13 Sept 08:21 Key points summarised by AI

Major U.S. brands, including McDonald's, Starbucks, Coca-Cola, PepsiCo, and General Electric, announced temporary suspensions of their business operations in Russia.
This widespread corporate withdrawal is a direct response to Russia's invasion of Ukraine, with companies citing humanitarian values and the unfolding human suffering.
McDonald's is closing 850 stores, taking a significant financial hit but continuing to pay its 62,000 Russian employees, while other brands like PepsiCo and GE are implementing partial shutdowns.
The decisions came amid increasing pressure from consumers and investors, urging companies to cease operations in the country.

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.