Tag Archives: geopolitical

Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Natalya Maisheva/iStock Editorial via Getty Images The parent firm of Russian technology company Yandex (NASDAQ:YNDX) said on Friday that it would look to restructure the group’s ownership and governance, citing the “current geopolitical environment” amid the country’s war with Ukraine. In a statement, Yandex N.V. (YNDX) said that a special committee had been tasked with exploring a wide range of potential scenarios, including developing international divisions of certain services, such… Source link

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Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Yandex parent looks to restructure ownership, governance citing ‘geopolitical environment’

Natalya Maisheva/iStock Editorial via Getty Images The parent firm of Russian technology company Yandex (NASDAQ:YNDX) said on Friday that it would look to restructure the group’s ownership and governance, citing the “current geopolitical environment” amid the country’s war with Ukraine. In a statement, Yandex N.V. (YNDX) said that a special committee had been tasked with exploring a wide range of potential scenarios, including developing international divisions of certain services, such… Source link

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what history says happens to the stock market when geopolitical shocks happen

With tensions between the United States and Russia running as hot as January’s Consumer Price Index reading, many investors are wondering if it’s time to reduce risk in their portfolios amid fear of a new war. At least from a historical perspective, exiting the market would be the wrong move. The S&P 500 was higher 12 months later in nine of 12 geopolitical shock events analyzed in a new note (seen below) by Truist co-chief investment officer Keith Lerner. The average return 12-months… Source link

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Stocks fall from records as geopolitical, growth concerns weigh

Stocks fell on Monday, pulling back from record levels as geopolitical and growth concerns weighed on risk appetite.  The S&P 500 declined just after market open after logging yet another record high on Friday. The Dow and Nasdaq each also dipped, and the benchmark 10-year Treasury yield fell back below 1.3%. U.S. West Texas intermediate crude oil futures sank by more than 1% to trade around $67 per barrel.  The moves came as jitters over the pace of global economic growth and risks to the… Source link

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