McDonald’s said Thursday it has begun the process of selling its Russian business to one of its licensees in the country. The Chicago burger giant said Alexander Govor, who operates 25 restaurants in ...

(Reuters) -McDonald's Corp is selling its restaurants in Russia to one of its current local licensees, who will rebrand them under a new name, ending more than three decades of the "Golden Arches" in ...

(Bloomberg) -- The image of two beef patties on a sesame-seed bun with lettuce and cheese looks oddly familiar, and so does the stylized golden M on the carton of French fries. But this isn’t a ...

McDonald’s says it started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people. The fast-food giant pointed to the humanitarian crisis caused by the ...

DETROIT— Hours after McDonald's said it is temporarily closing all of its 850 restaurants in Russia, Coca-Cola and Starbucks announced they would pause operations in the country. "Our licensed partner ...