Nestle, tobacco groups latest companies to pull back from Russia

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Reuters UK

(Reuters) – Nestle, Philip Morris and Imperial Brands joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West to take a stand against the invasion of Ukraine. The world’s biggest packaged food group fell into line with rivals Procter & Gamble and Unilever in halting investment in Russia, while cigarette maker Philip Morris said it would scale down manufacturing and Imperial went further and suspended it. The moves came after Coca-Cola and McDonald’s halted sales in Russia, where a senior member of the ruling party has warned that f…

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