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Burger King halts Russia operations following Ukraine invasion
FOX Business Flash top headlines for March 11
Here are your FOX Business Flash top headlines for March 11.
Burger King has become the latest fast-food behemoth to drop its ties with Russia following the invasion of Ukraine.
Burger King suspended "all of its corporate support for the Russian market" which includes its franchised operations, marketing and supply chain, Burger King owner' Restaurants Brands International (RBI), told FOX Business. The company is also "refusing approvals for investment and expansion" in the country.
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Although Burger King has no corporate restaurants in Russia, there are roughly 800 fully franchised Burger King restaurants, which are managed by independent local operators, according to RBI.