Yandex NV (NASDAQ: YNDX) has appointed former X5 Retail Group CFO Svetlana Demyashkevich as Yandex’s CFO and Vadim Marchuk as COO, effective from June 1. On March 30, Yandex announced that Greg Abovsky would depart as CFO and COO effective April 30 to pursue a new opportunity in another geography. Marchuk was appointed as the acting CFO,… Source link

TipRanks Goldman Sachs Predicts Over 50% Rally for These 3 Stocks Take a good look at the headlines, and you’ll be excused for thinking that we’re back in 1979. The late Carter years are remembered as the time of ‘stagflation:’ high inflation, high unemployment, fuel shortages, and a general malaise. So far, we’ve seen fuel shortages and gas station lines across the Southeast, rising commodity and housing prices, and unemployment ticking up even as the number of job openings… Source link

(Bloomberg) — The Elon Musk-propelled rally in Bitcoin just evaporated. The world’s largest cryptocurrency has erased all the gains it clocked up following Tesla Inc.’s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles. Now traders are bracing for more pain as the token hovers around a key technical level. Bitcoin dropped to about $40,300 as of 11:05 a.m. in London Wednesday, a level last seen before the EV-maker… Source link

LONDON (Reuters) – Bitcoin tumbled below the $40,000 mark on Wednesday to a 3-1/2 month low and dragged down the prices of other digital coins after China imposed fresh curbs on transactions involving cryptocurrencies. Bitcoin, the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk, but the news from China sent it as low as $38,514, for a 9% fall. By 0855 GMT, it had recovered to $40,627, still down 5% on the session. The… Source link

Benzinga Is the Bitcoin-Ethereum ‘Flippening’ a Likely Scenario? It has been a bad week for the crypto space. Elon Musk is widely believed to play a major role in crashing Bitcoin’s price by $12k when he tweeted that Tesla will no longer be accepting Bitcoin. He framed this backtracking as an environmental concern due to the high levels of energy consumption required in Bitcoin mining. As a result, this had a cascading effect on almost all altcoins with very few exceptions. To set the record… Source link

Jock MKT, the Stock Market App for Sports, Raises $10 Million By Andrew Cohen May 19, 2021 Jock MKT, a fantasy sports app that lets users buy and sell shares of athletes, has raised $10 million in Series A funding. The funding will be used to expand Jock MKT’s mobile app into 44 U.S. states and Canada.  New York-based Left Lane Capital led the round alongside participation from sports technology investment firm Will Ventures and Ryan Moore, a founding investor and board… Source link

MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / May 19, 2021 / Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced the appointment of Svetlana Demyashkevich, former CFO of X5 Retail Group, as Yandex’s Chief Financial Officer and Vadim Marchuk as Chief Operating Officer. Both changes are effective from June 1. Svetlana and Vadim will both report to Deputy CEO Tigran… Source link

Jock MKT, the Stock Market App for Sports, Raises $10 Million By Andrew Cohen May 19, 2021 Jock MKT, a fantasy sports app that lets users buy and sell shares of athletes, has raised $10 million in Series A funding. The funding will be used to expand Jock MKT’s mobile app into 44 U.S. states and Canada.  New York-based Left Lane Capital led the round alongside participation from sports technology investment firm Will Ventures and Ryan Moore, a founding investor and board… Source link

Bloomberg China Puts Australia on Notice With Push to Diversify Iron Ore (Bloomberg) — Beijing threw the spotlight on trade tensions with its top commodities supplier, Australia, after the government’s economic planning agency said it’s looking to diversify China’s supply of iron ore.Chinese firms should boost domestic exploration for the steel-making input, widen their sources of imports, and explore overseas ore resources, the National Development and Reform Commission said at its… Source link

Globe Newswire Arrival selects HERE SDK for its Electric Vehicles Arrival selects HERE SDK for its Electric Vehicles HERE Technologies to power Arrival’s in-vehicle navigation solution HERE Technologies to power Arrival’s in-vehicle navigation solutionHERE SDK to calculate routes and schedules and run shared mobility solutions May 19, 2021 London and Amsterdam – Arrival, the company reinventing the automotive industry with its entirely new approach to the design and assembly of electric… Source link