Tag Archives: Business

MOSCOW, January 18. /TASS/. Yandex and KT Corporation have entered into an agreement to launch autonomous robotic delivery in Seoul in 2022, a representative of the Russian company’s press service told TASS. “Yandex has signed a Memorandum of Understanding with KT Corporation, one of the leading South Korean telecommunications companies. The companies plan to start deliveries using Yandex’ autonomous robots in Seoul in 2022,” the company said. South Korea is the first East Asian market… Source link

Omicron, the latest variant of COVID-19, has hit certain sectors of the economy hard, causing labor shortages and child care issues and making some Americans wary again of dining out. But in a new interview with Yahoo Finance this week, Commerce Secretary Gina Raimondo offered hopeful news from business leaders she’s spoken with recently amid all of this uncertainty. “They see [the problem] as short term,” said Raimondo, who sat down in Washington, DC for an upcoming episode of Influencers… Source link

Amazon’s (AMZN) stock has had a rough 12 months. While the S&P 500 has gained as much as 24% and Microsoft (MSFT) has jumped 48%, Amazon’s stock has risen just 4%. But at least one analyst believes the stock is set for a rebound in the second half of 2022. “This is a company that faced a lot of inflation and supply chain risks in the back half of the last year,” Evercore ISI’s Mark Mahaney told Yahoo Finance Live. “I think all of those will be absorbed into the business model or… Source link

MILAN (Reuters) – Europe’s biggest utility Enel plans to list its grid services business in 2023, Chief Executive Francesco Starace said in an interview with Italian daily La Repubblica published on Thursday. Enel will find an industrial partner for the new company, dubbed Gridspertise, this year, Starace added. “Gridspertise, as the new company is called, will start in 2022 as a separate company to enhance and provide to all customers services around the world. It will have an industrial… Source link

MOSCOW, January 12. /TASS/. Yandex entered into antitrust proceedings against Apple over its prohibition against application developers from informing customers about the possibility of paying for purchases outside the AppStore, the company told TASS. “We decided to participate in the process because the decision on this case can have a big impact on both users and developers. We believe that users should be able to learn about different payment methods and make in-app purchases in any way… Source link

Apple has an agreement with Google that it won’t develop its own internet search engine so long as Google pays it to remain the default option in Safari, a new class action alleges. Filed in a California court earlier this week against Apple, Google, and their respective CEOs, the lawsuit alleges the two companies have a non-compete agreement in the internet search business that violates US antitrust laws. Specifically, the complaint charges Apple CEO Tim Cook and Google CEO Sundar Pichai of… Source link

The second year of the coronavirus pandemic showed that the world isn’t slowing down any time soon, and neither is creativity. From biographies of famous economic leaders to a retrospective of our nation’s response to the pandemic and a deep dive into the scandals of Nixon’s VP Spiro Agnew, there was no shortage of books that captured the attention of the Yahoo Finance staff in 2021. Here are the top nine books the Yahoo Finance staff read and loved this year.  (Photo: Penguin Random… Source link

Internet, 29 December, 2021. Yandex has updated the Yandex Group’s Code of Business Ethics and Conduct and introduced a standalone Supplier Code of Conduct. Effective from February 1, 2022, these documents will be used as the basis for the monitoring and management of compliance with the relevant internal policies and procedures. Yandex will inform all applicable stakeholders about the changes before the effective date. These documents align internal… Source link

MOSCOW, December 21. /TASS/. Yandex has closed the deal of buying out the Uber stake in Yandex food, online store, delivery, and self-driving services totaling $1 bln, the press service of the Russian technology company told TASS. “Yandex has closed the deal of buying out the Uber stake in Yandex.Eats, Yandex.Lavka, Yandex.Delivery, and the self-driving service” the company said. Yandex and Uber will continue joint development of taxi ordering, car-sharing, and kick scooter hire services,… Source link

Office-building owners and small businesses near such properties are bracing for another letdown in January, as the latest Covid-19 variant threatens to interfere with widespread company plans to return to the workplace. Before the Omicron variant surfaced overseas last month, employers throughout the U.S. were preparing to call back employees to the office after the holidays. Now, a small but rising number of companies have modified or delayed plans as uncertainties swirl over the severity… Source link