Russia

Tonic Maker Fever-Tree Raises Prices As Glass Costs Soar

Fever-Tree Drinks has raised prices of its tonics and mixers and is planning to increase production in the United States to cope with the soaring cost of g...

Carlsberg CEO Hart To Retire After Wrapping Up Russia Exit

Carlsberg's chief executive, Cees 't Hart, will retire at the end of September, the Danish brewer said on Tuesday 7 March, after he has seen through the sa...

AerCap Says Russian Airlines Proposed Stranded Jet Settlements

Aircraft lessor AerCap has said it had been approached by Russian airlines and their insurance companies about possible settlements for planes stranded aft...

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...