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Uber said Monday that it was trying to “accelerate” its divestment from the Russian internet company Yandex, which operates a ride-hailing service in Russia, in light of the Russian invasion of Ukraine. The company also said the three Uber executives serving on the board of Yandex.Taxi, Uber’s ride-sharing partnership with Yandex, would resign immediately and be replaced by a representative who would oversee the divestment. “In light of recent events, we are actively looking for… Source link

<legend role=”h2″>-Lucid announces long-term plan to bring advanced automotive manufacturing to Saudi Arabia to address global demand.</legend> <legend role=”h2″>-Lucid estimates that the location of Lucid’s first international manufacturing plant in Saudi Arabia may result in up to $3.4 billion of value to Lucid over 15 years.</legend> <legend role=”h2″>-New international manufacturing plant targets 150,000 vehicles per year at the King Abdullah Economic City will leverage U.S. engineering,… Source link

GAITHERSBURG, Md., Feb. 28, 2022 /PRNewswire/ — NVX-CoV2373 is the first protein-based COVID-19 vaccine authorized in multiple major markets around the world, including the European Union, Australia, Canada, and Great Britain; authorizations granted by 12 regulatory agencies and emergency use listing from the WHO Additional filings for authorization under review, including in the United States Initiated vaccine shipments globally, with doses administered in the European Union, Australia,

In this article, we take a look at some of the notable stocks that are moving today. You can skip our detailed analysis of these stocks and go directly to Why These 5 Stocks Are Moving on Monday. All three major indexes are in the red today, with the S&P 500 down 1.10%, the Dow Jones down 1.2%, and the NASDAQ 100 down 0.59%. Some stocks on the move today include Etsy Inc (NASDAQ:ETSY), Philip Morris International Inc. (NYSE:PM), and United Airlines Holdings, Inc. (NASDAQ:UAL). Let’s discuss… Source link

Facebook parent Meta (FB) is warning Ukrainian users that a Russia-linked hacking group is trying to take over user high-profile accounts to spread disinformation about Russia’s invasion. According to Nathaniel Gleicher, head of security policy at Meta, a Belarus-based group, known as Ghostwriter, is trying to compromise high-profile Ukrainians’ user accounts to sow discord among the local population amid Russia’s physical attack. “They were targeting and taking over, or attempting to… Source link

The Nasdaq and New York Stock Exchange halted trading in Russian stocks on Monday. The halt came after the US and other European countries imposed harsh sanctions on Russia due to its invasion of Ukraine. Russia’s central bank is also grappling with whether it should reopen its stock market on Tuesday. Loading … Source link

A good buying opportunity into a stock market well off its highs has taken shape, argues BlackRock Investment Institute Global Chief Investment Strategist Wei Li and her team. The rationale: the escalating situation between Russia and the West will likely mean a slower pace of interest rate hikes from global central banks. “We see fast-rising energy prices exacerbating supply-driven inflation, both delaying and raising its peak. We think central banks will need to normalize policy to pre-Covid… Source link

Google, Meta, FIFA, and other private companies rush to cut ties with Russia | Fortune … Source link

This headline-only article is meant to show you why a stock is moving, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that could move the stocks you care about on Benzinga Pro, our flagship platform for fast, actionable information that promotes faster, smarter trading. Benzinga Pro has an intuitively designed workspace that delivers powerful market insight, and is the solution of choice for thousands of… Source link

Prominent economist and Harvard professor Kenneth Rogoff offered a biting take on how the world will remember Russian president Vladimir Putin. “Putin is a pariah. I have many Ukrainian friends and Russian friends who are utterly distraught. They look at being cut off from the world for a long time,” the former chief economist at the International Monetary Fund said on Yahoo Finance Live. “He is going to be looked at as a mass murder. People are going to be looking at again genocide charges…. Source link