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McDonald's to sell all restaurants in Russia.

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McDonald's said on May 16 that it was exiting the country after more than 30 years. After Russia launched its invasion of Ukraine, the world's largest fast-food chain decided in March to close its 847 restaurants in Russia, taking a hit of $55 million per month.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The European Union is preparing possible retaliation against the United States, including up to 93 billion euros ($101 billion) in tariffs or restrictions on U.S. companies operating in the bloc, amid escalating tensions with U.S. President Donald Trump over Greenland, the Financial Times reported Jan. 18.

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