Matti/Pexels Sanctions On Russia Go To Eleven  In our previous post (Russia’s Invasion of Ukraine: Risks and Opportunities), we wrote that one reason U.S. markets bounced after Russia’s invasion of Ukraine was that Russia’s invasion didn’t lead to war with NATO, and the West hasn’t so far resorted to nuclear-level sanctions against Russia, such as removing it from SWIFT or boycotting its energy exports. But we cautioned that a couple of big outstanding risks remained. First,… Source link

A driver of Yandex.Taxi online ride-sharing service wearing a protective mask, used as a preventive measure against the coronavirus disease (COVID-19), sits inside a car in Moscow, Russia April 12, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register VILNIUS, Feb 28 (Reuters) – Lithuania’s transport and economy ministers said on Monday they asked Google and Apple to remove, in Lithuania, the app for the Yandex.taxi ride-hailing service, owned by Uber Source link

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U.S. tech companies like Google, Facebook and Twitter have started to respond to Russia’s invasion of Ukraine by attempting to stop the spread of disinformation and demonetizing ads that run on Russian state media accounts. Ukrainian digital minister Mykhailo Fedorov posted public messages on Telegram and Twitter to put pressure on tech leaders in an attempt to drum up support. Some companies had already started to make changes. Meta, which owns the global social media giant Facebook, said… Source link

Shares of Russian search engine Yandex were poised to continue their precipitous decline on Monday as Western economies tightened sanctions following Russia’s invasion of Ukraine. Trading of Yandex (ticker: YNDX) stock was halted on the Nasdaq on Monday, citing news pending. Before the halt, the shares were down 21% to $14.90 in premarket trading. Yandex… Source link

Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS/ Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Feb 28 (Reuters) – Alphabet (GOOGL.O) unit Google and its subsidiary YouTube, Facebook (FB.O) and Twitter (TWTR.N) must do more to tackle disinformation related to Russia’s invasion of Ukraine, the premiers of Poland, Lithuania, Latvia and Estonia said. In a joint letter to the chief executives of the four companies dated Feb…. Source link

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The Bank of Russia acted quickly to shield the nation’s $1.5 trillion economy from sweeping sanctions that hit key banks, pushed the ruble to a record low and left President Vladimir Putin unable to access much of his war chest of more than $640 billion. The central bank more than doubled its key interest rate to 20%, the highest in almost two decades, and… Source link

Sundar Pichai Photo: Courtesy of Google Source link

[unable to retrieve full-text content]No more Yahoo Mail for mainland Chinese users  South China Morning Post Source link

With U.S. stock markets set to open in two hours, First Horizon (FHN) was up 31.7% in pre-market trading, and Elbit Systems (ESLT) was up 11.6%. Nielsen Holdings (NLSN), W. P. Carey Inc. (WPC), and Plug Power (PLUG) were all posting gains of at least 6%. Yandex (YNDX) and Avalara (AVLR) had posted declines, falling 21.3% and 9.9%, respectively. Meanwhile S&P 500 futures were up 1.15% , with futures for the Dow Jones Industrial Average rising 1.02%. The… Source link