French company Renault has announced that it will sell its 2.2 billion euro stake in Russian automaker Avtovaz to a Russian science institute for the sum of one ruble (0.015 euros). However, part of the negotiations is the possibility of a comeback, with an option of six years to buy back...
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McDonald's closes 850 restaurants in Russia
The chain of 'fast food' McDonald's announced that will temporarily close its 850 restaurants in Russia, due to the invasion of Ukraine, said the company's president, Chris Kempckinski, in a letter, quoted by AP. The American group says it will continue to pay its 62,000 employees in Russia "who have dedicated themselves wholeheartedly to the...
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McDonald's Japan forced to ration French fry portions
The potato supply chain is experiencing a shortage, and the Japanese branch of McDonald's has announced that between Christmas and the end of the year it will ration fries on its menus: in the week between December 24 and 31 (at least) the sale of large and medium portions of fries will be suspended. This...