Tag Archives: pressure

Yandex N.V (NASDAQ: YNDX) has caught the ire of the West in response to Russia’s invasion of Ukraine. After being accused of suppressing free speech and spreading misinformation about conflict, Yandex’s second in command, Tigran Khudaverdyan was sanctioned and has since stepped down from his position. The company now is attempting to reduce exposure from potential sanctions placed upon it and that of its employees, which includes selling off divisions of its businesses to state-controlled… Source link

Yandex N.V (NASDAQ: YNDX) has caught the ire of the West in response to Russia’s invasion of Ukraine. After being accused of suppressing free speech and spreading misinformation about conflict, Yandex’s second in command, Tigran Khudaverdyan was sanctioned and has since stepped down from his position. The company now is attempting to reduce exposure from potential sanctions placed upon it and that of its employees, which includes selling off divisions of its businesses to… Source link

U.S. stocks ended mixed on Monday, with equities struggling for direction as concerns over the growth outlook persisted amid elevated inflation. The S&P 500 ended a choppy session lower, dropping 0.4% to close at 4,008.01.The Nasdaq dropped by 1.2% to end at 11,662.79, as mega-cap technology companies including Apple (AAPL) fell and dragged the index lower. The Dow Jones Industrial Average closed slightly higher to reach 32,223.42. U.S. crude oil prices (CL=F) erased earlier losses and rose… Source link

NEW YORK/WASHINGTON (Reuters) -The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars. Under sanctions put in place after Russia invaded Ukraine on Feb. 24, foreign currency reserves held by the Russian central bank at U.S. financial institutions were frozen. But the Treasury Department had been allowing the… Source link

A group of progressive MEPs are preparing to question the European Commission on why Russia’s largest technology company has been excluded from the sanctions list so far, while Baltic states are planning to raise the point in the Council discussions. Yandex is the second largest search engine in Russia regarding market share and provides several online services, including advertising, mobility apps and navigation. The company also offers ride-hailing services in several EU… Source link

Guillermo Rigondeaux was discharged from the hospital on Friday. (Photo by Mitchell Leff/Getty Images) The career of a former champion and amateur boxing legend is in limbo after a horrific cooking accident, according to ESPN’s Mike Coppinger. Guillermo Rigondeaux reportedly lost approximately 80 percent of his vision when his pressure cooker exploded while he was cooking Cuban black beans at his home in Miami on Thursday. Rigondeaux’s manager, Alex Boronte, told ESPN that boiling water… Source link

As the U.S. and other Western powers line up to impose sanctions on Russia for its armed incursion into Ukraine, the looming economic penalties are likely to squeeze the energy giant’s economy. However, there are questions about whether the booming cryptocurrency sector could allow oligarchs close to Russian President Vladimir Putin to skirt the effort to put the financial squeeze on Moscow, thanks to the anonymity and decentralization of digital tokens. According to Capital Economics,… Source link

Quarterbacks always get an outsized share of credit — and blame. That’s especially true in the playoffs. It’s why, heading into the NFL’s wild-card weekend, there is so much focus on the 14 starting QBs, 12 of whom will play this round. It’s a crew that comes in all shapes, sizes and accomplishments. There’s 44-year-old Tom Brady of Tampa Bay, starting his 46th playoff game. There are two 23-year-olds making their debuts (Philadelphia’s Jalen Hurts and New England’s Mac… Source link

(Bloomberg) — Amazon.com Inc. shares fell sharply on Monday, taking the e-commerce giant into negative territory for the year, as a sustained rise in Treasury yields is hurting the earnings outlook for companies with high valuations. Most Read from Bloomberg Amazon shares fell as much as 2.5% on Monday and were on track for a sixth straight negative session, the longest such streak for Amazon since an eight-day drop that ended in August 2019. With the decline, the stock is now down 1.4% for… Source link

Hello and welcome to Daily Crunch for Friday, September 17th! What a week, ya’ll. It is now just days before Disrupt, which means the TechCrunch hive is buzzing. I’ll leave it by noting that Reid Hoffman is coming, which is going to be a treat. See you next week! — Alex The TechCrunch Top 3 Profits > Ethics: Apple and Google have removed a “tactical voting app created by the organization of jailed Kremlin critic Alexei Navalny” from their marketplaces,… Source link