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 $5 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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