Russia

Lovin' it! Russians Give Big Mac Replacement The Thumbs Up

The signature sauce has changed and the ingredients have been tweaked, but the "Big Hit", which went on sale in Russia this week, is a tasty alte...

AmRest Sells KFC Restaurant Business In Russia To Different Local Investor

Madrid-based restaurant operator AmRest Holdings said on Monday 27 February it has decided to sell its KFC restaurant business in Russia to a different buy...

Heineken Says It Still Plans To Exit Russia, Take €300m Loss

Brewer Heineken still plans to exit Russia and sell its business there at a loss this year, it said on Wednesday 22 February, after a Dutch media repo...

Air France-KLM Sees Robust Bookings After Better-Than-Expected Q4

Air France-KLM has said its 2023 bookings were almost back to pre-pandemic levels as it reported a better-than expected fourth-quarter operating profit wit...

Finnair Shares Hit 12-Month High After Second Straight Quarterly Profit

Finnair has reported a second straight quarterly operating profit as the impact of COVID-19 lockdowns eases on its key Asian business, and said it looked f...

Inflation Drives French Wine And Spirits Exports To New High In 2022

French wine and spirit exports rose 11% last year to hit a new record, mainly boosted by a rise in prices, and the trend should last this year as Chinese c...

Major Coca-Cola Bottler Warns Prices, Glass Costs Will Rise Further

Coca-Cola Europacific Partners told Reuters on Thursday 16 February it expects to hike prices further, and said glass costs would rise by the "mid-tee...

Coca-Cola To Push Ahead With Price Hikes As PepsiCo Hits Pause

Coca-Cola Co said on Tuesday 14 February it would raise soda prices further in 2023 to combat stubbornly high costs, in sharp contrast to a halt at rival P...