PepsiCo Suspends Soda Sales in Russia, While Continuing Some Operations
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PepsiCo Inc. is suspending the sale of its soft drinks and global beverage brands in Russia following the nation’s invasion of Ukraine.
The company is also pausing capital investment, advertising and promotional activities in the country. PepsiCo has a humanitarian responsibility to offer other products, including daily essentials such as milk and baby formula, it said.