Yandex News

Yandex CEO Volozh resigns after EU sanctions

Yandex CEO Volozh resigns after EU sanctions

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov Register now for FREE unlimited access to Reuters.com Register June 3 (Reuters) – Russian internet giant Yandex (YNDX.O) said on Friday Arkady Volozh has stepped down as CEO and left the board of directors after the European Union had included him on its latest list of sanctions against Russian entities. Volozh has transferred his voting power to the… Source link

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Arkady Volozh Resigns as Executive Director and CEO of Yandex N.V. and Transfers his Voting Power to the Board

Arkady Volozh Resigns as Executive Director and CEO of Yandex N.V. and Transfers his Voting Power to the Board

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

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Arkady Volozh resigns as Executive Director and CEO of Yandex N.V. and transfers his voting power to the Board

Arkady Volozh resigns as Executive Director and CEO of Yandex N.V. and transfers his voting power to the Board

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

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Yandex CEO resigns after being targeted by EU sanctions

Yandex CEO resigns after being targeted by EU sanctions

(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

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Yandex Sees Unusually High Options Volume (NASDAQ:YNDX)

Yandex Sees Unusually High Options Volume (NASDAQ:YNDX)

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

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‘Everything is gone’: Russian business hit hard by tech sanctions

‘Everything is gone’: Russian business hit hard by tech sanctions

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

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