Called out by Volodymyr Zelenskyy, Nestle defends its Russia business
Nestle is one of a number of companies that have suspended new investment and advertising in Russia but that continue to sell products there, according to a list by Yale University management professor Jeffrey Sonnenfeld. Roughly three dozen companies are resisting demands to exit or curtail their activities in Russia, Sonnenfeld contends. Hundreds of large U.S. and other western companies have withdrawn from Russia since the country attacked Ukraine on February 24. American businesses to exit include Apple, Boeing, Caterpillar, Coca-Cola, Disney, Exxon, Ford, JPMorgan, MasterCard, McDonald’s, Microsoft, Nike, Visa and many others. Click here to read full article
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