This article is part of our Daily Business Briefing By Melina Delkic Starbucks announced on Monday that it was officially exiting Russia, with 130 stores run by a licensee there closing.

After 15 years of selling coffee and baked goods in Russia, Starbucks has announced that it has suspended all business activity in Russia. Following the steps of McDonalds, which announced last ...

Starbucks Corporation has been trading at a very attractive historical valuation. Read why now is a good time to go long ...

Starbucks is leaving Russia for good. The coffee giant joins a long line of Western companies pulling out of the country because of its invasion of Ukraine. Pet lovers rejoice. Among the features ...

Nike had about 100 stores in the country and says that its business in both Russia and Ukraine represents less than 1% of its ...

Nike will fully shut down its operations in Russia, joining other international companies that have withdrawn from the ...

In a statement, the clothing manufacturer said that it has "made the decision to leave the Russian marketplace" and that its ...

Russian missiles hit the Ukrainian capital early Sunday, striking at least two residential buildings and killing one person, ...

Starbucks is leaving Russia for good.The coffee company paused its operations and stopped shipments of its products to Russia in March. Now, it "has made the decision to exit and no longer have a ...

Starbucks had suspended its business in Russia back in March. That included shipments of its branded items into the country. Now, over the next few months, it will reportedly lay off all of its ...