Amazon Stock Dips as Reports Link Company to Potential $50B OpenAI Investment 
Chinalco and Rio Tinto Acquire Controlling Stake in Brazil’s CBA for $903 Million 
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision 
Oil Prices Hit Four-Month High as Geopolitical Risks and Supply Disruptions Intensify 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
Apple Forecasts Strong Revenue Growth as iPhone Demand Surges in China and India 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban 
Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute 
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions 
NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook 
Bob Iger Plans Early Exit as Disney Board Prepares CEO Succession Vote 
Toyota Retains Global Auto Sales Crown in 2025 With Record 11.3 Million Vehicles Sold 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
McDonald's and Coca-Cola are some of the major brands that are facing boycotts as they are still running their businesses in Russia. They are now under pressure to close down as most companies are shutting and cutting ties with the country due to its invasion of Ukraine, which has already claimed thousands of lives and properties left in ruins.
According to Reuters, some other big brands that have yet to halt operations in Russia are PepsiCo Inc., Mondelez, Kimberly-Clark Corp., and Estee Lauder. It was reported that the New York State Comptroller Thomas DiNapoli sent out letters last Friday, March 4, to some of the companies asking them to consider suspending their operations.
He asked them to examine if doing business in Russia is worth the risk in the current situation. Aside from McDonald's, Coca-Cola, PepsiCo, and all the other brands mentioned, Fortinet Inc., Bunge Ltd, Coty Inc., Trimble Inc., and Alnylam Pharmaceuticals Inc. have also received the letter from the NY state's pension fund chief.
In the letter, DiNapoli is urging the firms to review their businesses in Russia as they are facing "significant and growing legal, compliance, operational, human rights and personnel, and reputational risks." The official is said to be the one who supervises the state's around $280 billion pension fund that owns shares of the listed companies.
He further explained in the letter that the suspension or shutting of operations in the Vladimir Putin-led country "would address various investment risks associated with the Russian market and play an important role in condemning Russia's role in fundamentally undermining the international order that is vital to a strong and healthy global economy."
Nottinghamshire Live reported that McDonald's, which operates more than 850 restaurants in Russia, has also been called out by the public through social media. Some people were urging others to boycott the brand's restaurants, and there was even a warning to "leave Russia or lose loyal customers."
Finally, there are also calls from the public to boycott Coca-Cola for its seeming unwillingness to withdraw from the Russian market. People on social media are trying to persuade others to shift to other brands, as per Salon24. Currently, there are reports that say the beverage brand finally decided to halt its operations, but this could not be confirmed yet as the post about it has been allegedly deleted.
