Author Topic: Factbox: U.S. companies with exposure to Russia  (Read 249 times)

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Offline TomSea

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Factbox: U.S. companies with exposure to Russia
« on: August 10, 2018, 03:28:46 am »
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Quote
Factbox: U.S. companies with exposure to Russia
April Joyner

(Reuters) - Although the United States and Russia have imposed economic sanctions on each other since 2014, several large U.S. corporations, including PepsiCo Inc (PEP.O) and McDonald’s Corp (MCD.N), still count Russia as a growth market.

...

TECHNOLOGY

Cisco Systems Inc’s (CSCO.O) product revenue in Russia grew 20 percent in 2017, ahead of Cisco’s technology product revenue growth in the other so-called BRIC countries of Brazil, China and India.

Apple Inc (AAPL.O) had double-digit revenue growth in Russia, the company’s chief financial officer said on an earnings conference call in May.

Continued at: https://www.reuters.com/article/us-usa-russia-sanctions-companies-factbo/factbox-u-s-companies-with-exposure-to-russia-idUSKBN1KU2L8

A lot of big companies, a lot of implications.  I'm going to post a story on Turkey next. See how P.Oed they are about sanctions.