Tag Archives: Russias

TipRanks 3 ‘Strong Buy’ Stocks With at Least 6% Dividend Yield There’s so much going on in the markets, that it’s hard to know where to start and what to look for. On the red side of the ledger, it’s clear that the headwinds are gathering. House Democrats are still rejecting the $1.8 trillion coronavirus aid and stimulus package put forth by the White House, saying that President Trump’s proposal does not go far enough. The House Dems are pushing their own $2.2 trillion stimulus…. Source link

By Alexander Marrow, Andrey Ostroukh MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash-and-share sale of online bank Tinkoff to internet giant Yandex ended. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Discussions over the potential tie-up, which would have increased competition for Russia’s… Source link

By Alexander Marrow, Andrey Ostroukh MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash-and-share sale of online bank Tinkoff to internet giant Yandex ended. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Discussions over the potential tie-up, which would have increased competition for Russia’s… Source link

FILE PHOTO: The logo of Tinkoff Bank is seen on a board at the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. REUTERS/Maxim Shemetov MOSCOW (Reuters) – Russian bank TCS Group Holding TCSq.L on Friday said it had terminated discussions over a possible $5.48 billion sale of its online bank Tinkoff to internet giant Yandex YNDX.O. TCS said the two parties had agreed not to proceed with the cash-and-shares transaction and terminated negotiations immediately, adding… Source link

Russia’s biggest technology company enjoys a level of dominance that is unparalleled by any one of its Western counterparts. Think Google mixed with equal parts Amazon, Spotify and Uber and you’re getting close to the sprawling empire that is Yandex—a single, mega-corporation with its hands in everything from search to ecommerce to driverless cars.  But being the crown jewel of Russia’s silicon valley has its drawbacks. The country’s government sees the internet as contested… Source link

17:37 20/07/2020 MOSCOW, July 20 (RAPSI) –  Yandex company filed an application against Russia’s Federal Service for Intellectual Property (Rospatent) which had invalidated legal protection of Yandex Afisha brand, according to the Intellectual Property Court (IP Court). In April, the Chamber for Patent Disputes of Russia’s Federal Service for Intellectual Property (Rospatent) met a request of Afisha company, a structure of Rambler Group, seeking to annul legal protection of Yandex… Source link

MOSCOW, RUSSIA – MARCH 03: Yellow Car ‘Yandex Taxi’ on the street in the city of Moscow, Russia on … [+] March 03, 2020. Russian multinational corporation, provide services as Internet-related products and services, including transportation, search and information services, eCommerce, navigation, mobile applications, and online advertising. Sefa Karacan / Anadolu Agency Anadolu Agency Having recently cut ties with Sberbank, Russian tech giant Yandex wants… Source link

By Nadezhda Tsydenova and Olga Popova MOSCOW (Reuters) – Yandex <YNDX.O> has doubled the size of its new share offering to $400 million, the Russian internet giant said on Thursday, which combined with private placements will raise $1 billion to finance acquisitions and growth. Yandex, co-founded by its Chief Executive Arkady Volozh in the 1990s, grew from a search engine to provide everything from online taxi services to food delivery, cinemas and a market place. This week, Yandex moved to… Source link

MOSCOW (Reuters) – Russian internet giant Yandex (YNDX.O) is interested in taking full control of its Yandex.Taxi ride-hailing service, a joint venture with Uber (UBER.N) which returned to pre-pandemic growth levels in June. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Yandex is talking to Uber about increasing its majority stake in Yandex.Taxi, Chief Operating Officer and… Source link

MOSCOW, June 24 (Reuters) – A tax cut for IT companies in Russia, proposed by President Vladimir Putin, would not have a revolutionary benefit on internet giant Yandex, Chief Financial Officer Greg Abovsky said on Wednesday. Putin on Tuesday proposed cutting tax on IT companies’ profit to 3% from 20%, alongside an income tax increase for wealthy Russians, sending Yandex shares up more than 3%. (Reporting by Alexander Marrow Editing by David Goodman ) Our Standards:The Thomson Reuters Trust… Source link