Tag Archives: warns

(Adds detail) MOSCOW, March 4 (Reuters) – Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover. Unprecedented Western sanctions over Moscow’s invasion of Ukraine have hammered Russia’s financial system and investors have dumped Russian assets from the rouble to bonds and stocks. Yandex said that a suspension of trading of its Class A shares on… Source link

MOSCOW, March 4 (Reuters) – Russian internet giant Yandex (YNDX.O) on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover. Unprecedented Western sanctions over Moscow’s invasion of Ukraine have hammered Russia’s financial system and investors have dumped Russian assets from the rouble to bonds and stocks. Yandex said that a suspension of trading of its Class A shares on Nasdaq of… Source link

(Bloomberg) — Russia is on course for an economic collapse that will rival or even eclipse the size of the 1998 slump which followed its debt default, although the financial fallout may be less than then. Most Read from Bloomberg Days after President Vladimir Putin ordered troops into Ukraine, economists are starting to publish forecasts for what is currently the world’s eleventh largest economy, even though they warn the outlook is opaque and subject to revision. JPMorgan Chase & Co.’s… Source link

Yandex (YNDX), which controls about 60% of internet search traffic in Russia and operates a big ride-hailing business, warned late Thursday that it may be unable to pay its debts as a consequence of the financial market meltdown triggered by the West’s unprecedented wave of sanctions. The company is based in the Netherlands, but its shares trade on the Nasdaq and the Russian stock exchange. Dealing in the stock has been suspended this week as the value of Russian assets collapsed in Moscow… Source link

Yandex (YNDX), which handles about 60% of internet search traffic in Russia and operates a big ride-hailing business, said Thursday that it may be unable to pay its debts as a consequence of the financial market meltdown triggered by the West’s unprecedented sanctions. The company is based in the Netherlands, but its shares are listed on the Nasdaq and the Russian stock exchange. Dealing in the stock has been suspended this week as the value of Russian assets collapsed in Moscow and around… Source link

Yandex (YNDX), which handles about 60% of internet search traffic in Russia and operates a big ride-hailing business, said Thursday that it may be unable to pay its debts as a consequence of the financial market meltdown triggered by the West’s unprecedented sanctions. The company is based in the Netherlands, but its shares are listed on the Nasdaq and the Russian stock exchange. Dealing in the stock has been suspended this week as the value of Russian assets collapsed in Moscow and around… Source link

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 Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 25 (Reuters) – Russian tech giant Yandex (YNDX.O) has started warning Russian users looking for news about Ukraine on its search engine of unreliable information on the internet, after Moscow threatened Russian media over what they publish. Authorities on Thursday… Source link

Time for a touch of optimism. Recession concerns may be on the rise (see Google search trends below) thanks to soaring inflation, rising gas prices and an unpredictable conflict between Russia and Ukraine, but that doesn’t mean building out an all defensive stock portfolio is the correct move, warns veteran JPMorgan market strategist Mislav Matejka. “We think it is wrong to position for a recession given still extremely favorable financing conditions, very strong labour markets,… Source link

The Department of Homeland Security is warning law enforcement and public safety officials in the United States that a prolonged trucker convoy protesting vaccine mandates could begin on Feb. 13, when the Super Bowl is played in Los Angeles. The warning of a trucker protest similar to the one that has brought Ottawa, Canada, to a virtual halt, states that “the convoy could severely disrupt transportation, federal government, and law enforcement operations through gridlock and potential… Source link

Tesla’s (TSLA) shares closed higher on Friday after an unusually volatile week in which the electric vehicle company posted fourth quarter earnings that, while better than estimates, gave at least a few Wall Street analysts grounds for skepticism over its ambitious 2022 goals. The automaker beat expectations during the final stretch of 2021, with double digit revenue and gross margin growth. Tesla sales will comfortably grow above 50% in 2022 compared with last year despite supply chain… Source link