Tag Archives: Putin

By Alexander Marrow MOSCOW (Reuters) -Alexei Kudrin, a longtime ally of Russian President Vladimir Putin, said on Monday he would join technology giant Yandex to advise on corporate development as the company begins a sweeping governance and ownership overhaul. Yandex’s Dutch-registered holding company last month said it planned to divest ownership and control of most of Yandex Group, including its main revenue-generating businesses, a move that could lead to enhanced… Source link

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 25 (Reuters) – Russian President Vladimir Putin and former Finance Minister Alexei Kudrin touched on the future of internet giant Yandex (YNDX.O) in a late night meeting, three people familiar with the matter told Reuters on Friday. Sources told Reuters that Kudrin, one of the country’s top economic officials and a long-time colleague of the president, is expected to leave… Source link

MOSCOW (Reuters) – Russian President Vladimir Putin and former Finance Minister Alexei Kudrin touched on the future of internet giant Yandex in a late night meeting, three people familiar with the matter told Reuters on Friday. Sources told Reuters that Kudrin, one of the country’s top economic officials and a long-time colleague of the president, is expected to leave his role as head of Russia’s Audit Chamber to take up a position with Yandex. The future of the company, which dominates… Source link

Alexei Kudrin, a longtime ally of President Vladimir Putin, is expected to assume a leadership position in the restructuring of Russian tech giant Yandex, state media reported on Friday. Yandex is awaiting Putin’s blessing to sell its main operations in Russia and appoint Kudrin to its new structure, several reports indicated earlier this week. Yandex’s main products include its popular internet browser, as well as food delivery and taxi-hailing… Source link

Yandex, the company often described as “Russia’s Google”, is seeking Vladimir Putin’s blessing to sell its operations in the country, spin off its main international projects and appoint a longtime confidant of the Russian president to manage its relationship with the Kremlin. Three people familiar with these moves said that the internet giant has informally enlisted top economic official Alexei Kudrin to win the Russian president’s approval, in principle, for the restructuring… Source link

MOSCOW (Reuters) – President Vladimir Putin urged the Russian government on Wednesday to control car prices, as one industry head said Western sanctions could send annual sales crashing to below 1 million for the first time since records began. Auto sales have fallen over 60% so far this year, and may end up being less than a quarter of what they were a decade ago, according to Maxim Sokolov, head of Russia’s top carmaker Avtovaz. Some of this year’s drop is due to the pullout of foreign… Source link

Taxi for Putin! Hackers bring gridlock to Moscow by sending hundreds of cabs to fake pick-up in Russian capital (but was it revenge for Ukraine invasion?) Hackers targeted Yandex Taxi, a taxi-hailing app similar to the likes of Uber They sent hundreds of driver to the same pick-up point on Kutuzovsky Prospekt  The huge 10-lane road runs into the centre of the Russian capital was gridlocked No one has taken credit for the back, but comes as Russia wages war on Ukraine The two… Source link

Aug. 12, 2022, 10:03 AM Kiriyenko leading talks on Yandex’s fate as founder sanctioned Top search engine under pressure since Putin invaded Ukraine One of President Vladimir Putin’s top Kremlin aides is leading negotiations to decide the fate of Russia’s most popular search engine, whose founder was sanctioned over Yandex NV’s portrayal of the war in Ukraine, according to three people familiar with the talks. Sergei Kiriyenko, the first deputy head of Putin’s administration, is heading… Source link

Gas prices have come off their highs, but relief at the pump may be short-lived, says one analyst. “For the moment, we’re going to see the lowest prices we’e seen since May,” Tom Kloza, OPIS global head of energy told Yahoo Finance Live. “Unfortunately, I think we’re going to see prices rally after they find a bottom in the first half of July.” Prices at the pump have decreased to a national average of $4.68 per gallon, after topping $5 last month. Oil prices have been under… Source link

It seemed silly, in March, when President Biden started calling persistent inflation “Putin’s price hike.” The price of gasoline and many other things had been soaring well before Putin ordered Russia’s invasion of Ukraine on Feb. 24, and blaming that on Putin all of a sudden was opportunistic blame-shifting. More than 100 days into the war, however, the Russian president’s belligerence has clearly had the most pronounced effect on global prices of any single geopolitical… Source link