Tag Archives: Russia

Yandex NV reached an agreement to sell its Russian business, including the nation’s most popular search engine, for about $5.2 billion, the highest-valued deal yet to exit Russia following the invasion of Ukraine. The divorce, which took more than a year to negotiate, opens the way for Yandex, which has been registered in the Netherlands since 2007, to develop some projects abroad after divesting Russian units that had generated most of its revenue. Yandex management will get the biggest… Source link

Yandex NV has struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed “Russia’s Google” to a group of Russian investors, marking the biggest corporate exit from the country since Moscow invaded Ukraine almost two years ago. The Kremlin-engineered deal would see Russia’s largest technology player fall entirely under Russian ownership, including a fund ultimately owned by oil major Lukoil, and cement Yandex’s departure from Western tech circles. Once seen as one… Source link

A Ukrainian drone struck an oil storage depot in western Russia on Friday, causing a massive blaze, officials said, as Kyiv’s forces apparently extended their attacks on Russian soil ahead of the war’s two-year anniversary. Four oil reservoirs with a total capacity of 6,000 cubic meters (1.6 million gallons) were set on fire after the drone reached Klintsy, a city of some 70,000 people located about 60 kilometers (40 miles) from the Ukrainian border, according to the local governor and… Source link

A major armed conflict between NATO and Russia is imminent if a secret document from the German Armed Forces is to be believed, with Russia invading NATO’s Baltic states as early as July. The German Armed Forces (Bundeswehr) are preparing for a potential hybrid attack by Russia on NATO’s eastern flank this February, reported Bild. An escalation between NATO and Russia is expected as early as February, a Bild source said, referencing a secret Bundeswehr document. Read also: Zelenskyy on… Source link

[unable to retrieve full-text content]Russia warns Japan over providing Patriot air defence systems to Ukraine  Yahoo News Source link

[unable to retrieve full-text content]“It’s politics and we are pawns”: How Russia is pushing migrants …  YLE News Source link

[unable to retrieve full-text content]Ukraine and Russia both launch cross-border drone strikes overnight. Putin attempts to stabilise ruble,…  Новая газета. Европа Source link

[unable to retrieve full-text content]Yandex N.V. set to exit Russia – but at a cost  AIM Group Source link

[unable to retrieve full-text content]Russia Revises Yandex Partition Terms Over Founder’s Anti-War Stance – Reports  The Moscow Times Source link

The Russian government has lowered the payout offered in the restructuring of tech giant Yandex following anti-war statements made by the company’s co-founder, Russian media reported Friday.  Sanctions over Russia’s war in Ukraine have forced Yandex, once the crown jewel of Russia’s tech sector, to split into two new companies, with one overseeing its operations in Russia and a second Amsterdam-based firm that will focus on new technologies for the international market. The… Source link