Tag Archives: Financial

China financial regulators urges Ant Group to set ‘rectification’ plan swiftly

BEIJING (Reuters) -China’s financial regulators urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet regulatory demands and fully understand the seriousness of the “rectification” work it needs to perform. The central bank, banking, securities and foreign exchange regulators urged Ant to rectify illegal financial activities, including in its credit, insurance and wealth management businesses, and regulate its credit rating business to protect personal information,… Source link

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MLS lays off 20% of its staff as the financial impact of COVID-19 on sports continues

An official MLS ball sits on a stand during a game between the FC Dallas and the Nashville SC in August. (Matthew Pearce/Getty Images) Major League Soccer on Thursday laid off 20 percent of full-time employees at its New York City headquarters as the financial impact of the global coronavirus pandemic on sports continues, multiple sources told Yahoo Sports. Jonathan Tannenwald of the Philadelphia Inquirer first reported the layoffs on Twitter. One source with knowledge of the details told… Source link

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Stress in China’s Credit Market Spills Over to Financial Stocks

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by Over 80% We’re a little over one week past the Presidential election, and the market reaction shows that that investors are pleased. While the election margins were razor thin, the will of the voters came through: they rejected Donald Trump, and his brash, in-your-face style, but they also rejected the Democratic Party on policy; the Dems lost seats in the House, will likely not take control of the Senate, and also lost ground at… Source link

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Yandex Announces Third Quarter 2020 Financial Results Nasdaq:YNDX

MOSCOW and AMSTERDAM, Oct. 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the third quarter ended September 30, 2020. Reorganization of Yandex.Market & Yandex.Money JVs and Restructuring of MLU B.V. On July 23, 2020 Yandex and Sberbank closed the transactions to reorganize their two Joint Ventures –… Source link

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Yandex Announces Third Quarter 2020 Financial Results Nasdaq:YNDX

MOSCOW and AMSTERDAM, Oct. 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the third quarter ended September 30, 2020. Reorganization of Yandex.Market & Yandex.Money JVs and Restructuring of MLU B.V. On July 23, 2020 Yandex and Sberbank closed the transactions to reorganize their two Joint Ventures –… Source link

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Yandex to Announce Third Quarter 2020 Financial Results on October 28th

TipRanks Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the market.Since September 30, the S&P 500 has moved 5.5% higher. That said, the rotation into cyclicals and small-caps has been much more pronounced, with the Russell 2000 surging 8.5% over the same… Source link

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Yandex Announces Second Quarter 2020 Financial Results

MOSCOW and AMSTERDAM, the Netherlands, July 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the second quarter ended June 30, 2020. (1) Pursuant to SEC rules regarding convenience translations, Russian ruble (RUB) amounts have been translated into U.S. dollars at a rate of RUB 69.9513 to $1.00, the official exchange rate quoted… Source link

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Yandex to Announce Second Quarter 2020 Financial Results on July 28th Nasdaq:YNDX

MOSCOW and AMSTERDAM, July 09, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) today announced it will report its financial results for the quarter ended June 30, 2020, on Tuesday, July 28, 2020. On that day, management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to review and discuss the Company’s results for the second quarter. Second Quarter 2020 Financial Results Conference Call Tuesday, July 28, 2020 … Source link

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VTB integrates its financial management platform into Yandex.Plus

VTB Capital Investments, Russia’s largest capital management platform, has launched the first comprehensive savings management service for users of Yandex, Russia’s leading technology company, in the country. The new service will enable millions of Russians to invest online in traditional products, in bonds and shares available on the Moscow and St. Petersburg stock exchanges, exchange currencies at a rate close to the stock exchange rate and do many other… Source link

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Yandex Announces First Quarter 2020 Financial Results Nasdaq:YNDX

MOSCOW and AMSTERDAM, the Netherlands, April 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2020. Q1 2020 Financial Highlights(1)(2) Q1 2020 consolidated financial results Revenues of RUB 47.0 billion ($604.7 million), up 26% compared with Q1 2019 Net income of RUB 5.5 billion ($70.7 million), up 76%… Source link

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