Tag Archives: News

UK rapid grocery company Yango Deli – which is owned by Kremlin-linked tech giant Yandex – has resisted repeated calls to speak out against Russia’s invasion of Ukraine. Russia’s largest technology company – which was banned in Ukraine in 2017 due to security concerns – launched its ultra-fast delivery service in 2019 in Moscow, and soon expanded into Tel Aviv and Paris. The 15-minute app-based grocer arrived in London in October last year. Yandex – which operates… Source link

The spike in oil prices — crude rose as high as $112.51 per barrel Wednesday — won’t cause too much turmoil in emerging markets, according to one veteran investor. Because of the globe’s reduced reliance on fossil fuel generally, and oil as an energy source specifically, emerging-market economies should be able to weather the surge. “The good news regarding oil prices is that these emerging markets have lots of alternatives now,” Mark Mobius, founding partner at Mobius Capital… Source link

Aas said sanctions have the greatest effect when they are enacted with all the EU member states, but the government is still discussing a ban. “Today, the Estonian government has not imposed any additional restrictions in addition to the European Union’s sanctions, but discussions on these possibilities will certainly continue in the government in the coming days,” the minister said. At the beginning of February, the Data Protection Inspectorate advised people to avoid using the app-based… Source link

It comes as platforms around the world take action against Russia’s state-backed media. The former head of news at Russia’s largest tech company has called on past colleagues to quit, accusing the business of censoring the invasion of Ukraine. Lev Gershenzon wrote in a Facebook post on Tuesday (1 March) that Yandex, which is behind one of the biggest search engines in Russia, is “a key element in hiding information about the war”. “Today is the… Source link

The former head of news at Yandex, a Russian search engine giant, urged his former coworkers to quit. Lev Gershenzon wrote on Facebook that Yandex is hiding info about Russia’s invasion of Ukraine. He urged former coworkers to “stop being accomplices to a terrible crime.” … Source link

Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS/ Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Feb 28 (Reuters) – Alphabet (GOOGL.O) unit Google and its subsidiary YouTube, Facebook (FB.O) and Twitter (TWTR.N) must do more to tackle disinformation related to Russia’s invasion of Ukraine, the premiers of Poland, Lithuania, Latvia and Estonia said. In a joint letter to the chief executives of the four companies dated Feb…. Source link

U.S. stock futures were flat heading into overnight trading Wednesday after another tumultuous day on Wall Street that saw all three major benchmarks log their lowest levels this year so far as Russia-Ukraine tensions continued to weigh on investor sentiment. Futures tied to the S&P 500 were little changed after the benchmark slid deeper into a correction – more than 10% from its record closing high on Jan. 3 — in the daytime session. Contracts on the Dow Jones Industrial Average and… Source link

Central bank jitters and intensifying geopolitical tensions have pummeled equity markets in recent weeks and sent the S&P 500 into correction territory Tuesday for the first time in two years. But despite a turbulent start to 2022, strong earnings momentum remains a tailwind for stocks. The S&P 500 Index is on pace to beat the consensus estimate for earnings per share at $208 as companies finish logging fourth-quarter results. The figure is 22% higher than the EPS of $170 analysts had… Source link

U.S. stock futures were little changed in after-hours trading Wednesday following a turbulent earlier session that saw Wall Street’s main indexes claw back from daytime lows after minutes from the Federal Reserve’s latest meeting minutes came in clear of any mention the central bank would authorize a 50 basis point rate hike in March. Futures tied to the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite were mostly flat heading into the overnight session after recovering some… Source link

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