Speaking out against Vladimir Putin as a Russian is a dangerous proposition. Thousands of protestors of the unprovoked Russian invasion of Ukraine have been detained across the country, some of them dragged to vans by police in riot gear. Long before the war, dozens of journalists were brutally beaten or killed across the course of years. So when Russian tennis player Anastasia Pavlyuchenkova spoke out against the “political motives” of the invasion on Monday, she did so with considerably more… Source link
Read More »Uber Distances Itself From Yandex.Taxi, a Russian Service
Uber said Monday that it was trying to “accelerate” its divestment from the Russian internet company Yandex, which operates a ride-hailing service in Russia, in light of the Russian invasion of Ukraine. The company also said the three Uber executives serving on the board of Yandex.Taxi, Uber’s ride-sharing partnership with Yandex, would resign immediately and be replaced by a representative who would oversee the divestment. “In light of recent events, we are actively looking for… Source link
Read More »US Exchanges Halt Trading in Plummeting Russian Stocks Like Yandex
The Nasdaq and New York Stock Exchange halted trading in Russian stocks on Monday. The halt came after the US and other European countries imposed harsh sanctions on Russia due to its invasion of Ukraine. Russia’s central bank is also grappling with whether it should reopen its stock market on Tuesday. Loading … Source link
Read More »Yandex N.V. (NASDAQ:YNDX) – Yandex shares are trading lower as Russian stocks fall amid the Russia-Ukraine conflict. Sanctions, a drop in the ruble and threats of escalation have weighed on the Russian economy.
This headline-only article is meant to show you why a stock is moving, the most difficult aspect of stock trading. Every day we publish hundreds of headlines on any catalyst that could move the stocks you care about on Benzinga Pro, our flagship platform for fast, actionable information that promotes faster, smarter trading. Benzinga Pro has an intuitively designed workspace that delivers powerful market insight, and is the solution of choice for thousands of… Source link
Read More »OAO GAZPROM ADR (OGZPY), Yandex N.V. (NASDAQ:YNDX) – Severe Sanctions On Russia: The EU Imposes Nuclear-Level Sanctions On Russia, Ratcheting Up Economic Risks; Beaten-Down Russian Stocks Get Beaten Down More
Matti/Pexels Sanctions On Russia Go To Eleven In our previous post (Russia’s Invasion of Ukraine: Risks and Opportunities), we wrote that one reason U.S. markets bounced after Russia’s invasion of Ukraine was that Russia’s invasion didn’t lead to war with NATO, and the West hasn’t so far resorted to nuclear-level sanctions against Russia, such as removing it from SWIFT or boycotting its energy exports. But we cautioned that a couple of big outstanding risks remained. First,… Source link
Read More »Google, Facebook work to stop spread of Russian disinformation
U.S. tech companies like Google, Facebook and Twitter have started to respond to Russia’s invasion of Ukraine by attempting to stop the spread of disinformation and demonetizing ads that run on Russian state media accounts. Ukrainian digital minister Mykhailo Fedorov posted public messages on Telegram and Twitter to put pressure on tech leaders in an attempt to drum up support. Some companies had already started to make changes. Meta, which owns the global social media giant Facebook, said… Source link
Read More »Yandex Stock Sinks Before Trading in Russian Search Engine Halted
Shares of Russian search engine Yandex were poised to continue their precipitous decline on Monday as Western economies tightened sanctions following Russia’s invasion of Ukraine. Trading of Yandex (ticker: YNDX) stock was halted on the Nasdaq on Monday, citing news pending. Before the halt, the shares were down 21% to $14.90 in premarket trading. Yandex… Source link
Read More »Google follows YouTube in cutting off ad revenue to Russian state media
“In response to the war in Ukraine, we are pausing Google monetization of Russian state-funded media across our platforms,” Google said in a statement to CNN Business on Sunday. “We’re actively monitoring new developments and will take further steps if necessary.” The announcement marks the latest blow to Russia-linked media amid a wave of criticism directed at Big Tech platforms in the past week for allowing monetization to continue despite Russia’s invasion of Ukraine. In a separate… Source link
Read More »Google joins YouTube, Meta, Twitter in restricting Russian state media ads
Google announced late Saturday it is blocking Russian state media channels from selling ads due to the invasion of Ukraine. Why it matters: The move came hours after YouTube, which is owned by Google, said it was blocking Russian state media channels, including RT, from selling ads on YouTube globally or being accessible in Ukraine. Twitter and Facebook have announced similar efforts to restrict Russian state accounts from being able to spread disinformation via advertising. Details: A Google… Source link
Read More »Google blocks RT, other Russian channels from earning ad dollars
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 26 (Reuters) – Alphabet Inc’s (GOOGL.O) Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a move by Facebook after the invasion of Ukraine. Citing “extraordinary… Source link
Read More »