MOSCOW (Reuters) – Former Russian finance minister Alexei Kudrin said on Tuesday he would step down as head of the Audit Chamber to focus on private initiatives, with sources expecting him to take up a role at Russian technology giant Yandex. Kudrin, who has been seen as both a pro-Western economic liberal and close ally of President Vladimir Putin throughout his career, would become the highest profile government official to leave a post since Russia sent tens of thousands of troops into… Source link
Read More »Russia’s Kudrin to leave Audit Chamber, opening door to Yandex move
MOSCOW (Reuters) – Former Russian finance minister Alexei Kudrin said on Tuesday he would step down as head of the Audit Chamber to focus on private initiatives, with sources expecting him to take up a role at Russian technology giant Yandex. Kudrin, who has been seen as both a pro-Western economic liberal and close ally of President Vladimir Putin throughout his career, would become the highest profile government official to leave a post since Russia sent tens of… Source link
Read More »Russia’s biggest tech company Yandex wants to cut ties with the country
Yandex, often referred to as Russia’s Google, is the country’s most prominent Internet company and now wants to move out of the country because of the ongoing Ukrainian invasion. Russia has recently targeted Ukraine’s infrastructure through air strikes, continuing the damage caused to the country and Yandex NV – the parent company – wants to exit Russia because it believes “the Ukraine war could negatively impact its business.” Yandex is widely popular for its search… Source link
Read More »bne IntelliNews – The Ukraine war will break up Russia’s internet champion Yandex
Russia’s invasion of Ukraine has caused a tsunami of M&A deals as Russia’s private companies scramble to restructure their businesses to account for tectonic changes in the business landscape. It has cost everyone a lot of money as owners have been forced to sell off businesses exposed to sanctions or in many cases the leading lights of Russian industry has been forced… Source link
Read More »Russia’s Biggest Tech Company Wants To Cut Ties With The Country: Here’s Why
With the ongoing war with Ukraine, Russia’s biggest tech company wants to move out of the country. Russia has recently targeted basic infrastructures in Ukraine through a wave of air strikes, causing severe damage in the country. Often referred to as “Russia’s Google,” Yandex is Russia’s most prominent internet company, widely popular for its search browser and ride-hailing apps. Its Dutch-based parent company, Yandex N.V., now wants out of Russia because of the potential negative impact… Source link
Read More »Lord of the Masses: How Russia’s Fringe Elements Went Mainstream
Russian President Vladimir Putin has one message that he likes to convey in his public speeches: that he is very much a man of the people, with the blood of simple Russian folk running through his veins. His idea of the people, however, has changed more than once during his lengthy reign and is changing once again right now. The people he chooses to meet in public and his own behavior show that for the president, the Russian people are currently embodied by… Source link
Read More »Russia’s Yandex Seeks Putin’s Approval for Restructuring – FT – Latest Tweet by Reuters
Russia’s Yandex seeks Putin’s approval for restructuring – FT https://t.co/riAELce2MD pic.twitter.com/I0uuCuMhi0— Reuters (@Reuters) November 24, 2022 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing… Source link
Read More »Russia’s Yandex Seeks Putin’s Approval for Restructuring – FT – Latest Tweet by Reuters
Russia’s Yandex seeks Putin’s approval for restructuring – FT https://t.co/QOxlVXS4ch pic.twitter.com/oj8NA9T6xg— Reuters (@Reuters) November 24, 2022 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing… Source link
Read More »Russia’s Yandex seeks Putin’s approval for restructuring – FT
(Reuters) -Russian internet giant Yandex NV is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. The company has informally enlisted former finance minister Alexei Kudrin to win Putin’s approval, in principle, for the restructuring plan, according to the report. If Putin gives his final assent at their meeting later in the day, Kudrin is… Source link
Read More »Russia’s Yandex seeks Putin’s approval for restructuring – FT
(Reuters) -Russian internet giant Yandex NV is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. The company has informally enlisted former finance minister Alexei Kudrin to win Putin’s approval, in principle, for the restructuring plan, according to the report. If Putin gives his final assent at their meeting later in the day, Kudrin is… Source link
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