Tag Archives: Russia

bne IntelliNews – Yandex N.V. to reinvent itself after leaving Russia

bne IntelliNews – Yandex N.V. to reinvent itself after leaving Russia

In early February, Yandex NV (YNV) – the Dutch parent company of Russia’s online giant Yandex, often referred to as the “Russian Google”- announced its long expected exit from Russia. YNV is selling its Russian assets to a consortium of investors led by the Russian management team for RUB475bn ($5.2bn) in the largest corporate exit from Russia since the country’s invasion… Source link

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Trump says he once told a NATO ally to pay its share or he’d ‘encourage’ Russia to do what it wanted

Trump says he once told a NATO ally to pay its share or he’d ‘encourage’ Russia to do what it wanted

NEW YORK (AP) — Donald Trump said that, as president, he warned NATO allies that he “would encourage” Russia “to do whatever the hell they want” to countries that are “delinquent” as the front-runner for the Republican nomination ramped up his attacks on foreign aid and long-standing international alliances. NATO’s leader said Trump’s words could undermine security and put American and European forces at risk. Speaking at a rally Saturday in Conway, South Carolina, Trump… Source link

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Yandex Reaches $5 Billion Deal to Exit Russia

Yandex Reaches  Billion Deal to Exit Russia

The parent firm of Russia’s most prominent technology company, Yandex, said it has agreed to sell all its assets in the country for about $5 billion, which would be one of the largest corporate exits from Russia since its invasion of Ukraine. The invasion had roiled Yandex — often referred to as “Russia’s Google” — and turned its attempts to navigate between the Kremlin’s authoritarian policies and a Western blockade of the Russian economy into the most dramatic example of the… Source link

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