Yandex News

MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 3, 2022 / Yandex N.V., a Dutch public limited company and one of Europe’s largest internet businesses,today announces that Arkady Volozh, the company’s co-founder, has stepped down with immediate effect from his positionёs as Executive Director and Chief Executive Officer of Yandex N.V. and from his board and executive positions with its international subsidiaries. The European Union has imposed sanctions on Mr. Volozh personally…. Source link

Arkady Volozh resigns as Executive Director and CEO of Yandex N.V. and transfers his voting power to the Board   Moscow–Amsterdam, June 3, 2022— Yandex N.V., a Dutch public limited company and one of Europe’s largest internet businesses, today announces that Arkady Volozh, the company’s co-founder, has stepped down with immediate effect from his positionёs as Executive Director and Chief Executive Officer of Yandex N.V. and from his board and executive positions with its… Source link

The European Council has officially adopted the EU sixth sanction package for Russia’s military invasion of Ukraine, according to the June 3 announcement and the official EU journal entry. As followed by bne IntelliNews, the EU leaders have agreed in principle to cut 90% of Russian oil imports… Source link

The European Council has officially adopted the EU sixth sanction package for Russia’s military invasion of Ukraine, according to the June 3 announcement and the official EU journal entry. As followed by bne IntelliNews, the EU leaders have agreed in principle to cut 90% of Russian oil imports… Source link

(Reuters) -Russian internet giant Yandex said on Friday that Arkady Volozh had stepped down as CEO and left the board of directors after the European Union included him on its latest list of sanctions against Russian entities and individuals. Volozh, who co-founded the Yandex search engine in 1997, was put under EU sanctions on Friday after the bloc accused him of “materially or financially” supporting Russia, which sent tens of thousands of troops into Ukraine on Feb…. Source link

The European Council has officially adopted the EU sixth sanction package for Russia’s military invasion of Ukraine, according to the June 3 announcement and the official EU journal entry. As followed by bne IntelliNews, the EU leaders have agreed in principle to cut 90% of Russian oil imports… Source link

Yandex (NASDAQ:YNDX – Get Rating) saw some unusual options trading on Wednesday. Investors purchased 1,814 put options on the stock. This is an increase of 1,437% compared to the average volume of 118 put options. Institutional investors have recently bought and sold shares of the stock. UMB Bank N A MO acquired a new stake in Yandex during the fourth quarter worth about $48,000. National Bank of Canada FI acquired a new stake in Yandex during the fourth… Source link

Russian companies have been plunged into a technological crisis by western sanctions that have created severe bottlenecks in the supply of semiconductors, electrical equipment and the hardware needed to power the nation’s data centres. Most of the world’s largest chip manufacturers, including Intel, Samsung, TSMC and Qualcomm, have halted business to Russia entirely after the US, UK and Europe imposed export controls on products using chips made or designed in the US or Europe…. Source link

The Yandex Group signed an agreement with the Federal Antimonopoly Service of Russia (FAS) — a federal-level executive governmental organization that controls the execution of the antitrust laws — and a consortium of Russian Internet companies, in connection with an antitrust lawsuit settlement against the search engine. The consortium includes … Source link

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