Tag Archives: Foreign

By Nadezhda Tsydenova and Anna Rzhevkina (Reuters) – A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20% could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday. Russian lawmaker Anton Gorelkin on Friday submitted the draft law to the lower house of parliament, the Duma, saying in a blogpost that new amendments were aimed at protecting the Russian market from “the excessive… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

By Nadezhda Tsydenova, Anna Rzhevkina (Reuters) – A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20% could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov Russian lawmaker Anton Gorelkin on Friday submitted the draft law to… Source link

Lawmakers on the House Oversight and Reform Committee continue applying pressure to Google and Apple, seeking—at a minimum—commitments from the tech giants to be more transparent with users about the applications in their app stores. In separate letters to Google and Apple Tuesday, Rep. Stephen Lynch, chairman of the subcommittee on national security, sought assurances that the companies would warn users about applications that are developed, operated or owned by foreign entities and… Source link