Tag Archives: Yandex

The Nasdaq and New York Stock Exchange have halted trading in US-listed Russian stocks, following the invasion of Ukraine and the West leveling harsh sanctions against Russia. Among them were a number of tech companies, including search engine and cloud company Yandex, as well as telco Mobile TeleSystems (MTS), and e-commerce platform Ozon Holdings. Russia has also ordered its own stock market to remain closed as its economy and currency plunged in value. … Source link

Russian search engine Yandex is taking a beating from western companies as the country’s president, Vladimir Putin, continues to use its military in an attempt to overthrow the Ukrainian government.  The New York Stock Exchange halted trading of Yandex stock Monday on the Nasdaq, but not before shares fell 21% to $14.90 … Source link

(Reuters) – Uber Technologies Inc said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex, as more western companies distance themselves amid Moscow’s invasion of Ukraine. Uber last year divested its stake in the foodtech and delivery joint venture, which it established with the tech giant in 2018 to combine their ride-sharing businesses in Russia and neighboring countries. The ride-hailing company sold all of its… Source link

Uber to remove executives from Yandex joint venture | WIN 98.5 Your Country | WNWN-FM | Battle Creek, MI … Source link

(Reuters) – Uber Technologies Inc said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex, as more western companies distance themselves amid Moscow’s invasion of Ukraine. Uber last year divested its stake in the foodtech and delivery joint venture, which it established with the tech giant in 2018 to combine their ride-sharing businesses in Russia and neighboring countries. The ride-hailing company sold all of its holdings in the… Source link

Feb 28 (Reuters) – Uber Technologies Inc (UBER.N) said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex (YNDX.O), as more western companies distance themselves amid Moscow’s invasion of Ukraine. Uber last year divested its stake in the foodtech and delivery joint venture, which it established with the tech giant in 2018 to combine their ride-sharing businesses in Russia and neighboring countries. read more The ride-hailing… Source link

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

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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

A driver of Yandex.Taxi online ride-sharing service wearing a protective mask, used as a preventive measure against the coronavirus disease (COVID-19), sits inside a car in Moscow, Russia April 12, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register VILNIUS, Feb 28 (Reuters) – Lithuania’s transport and economy ministers said on Monday they asked Google and Apple to remove, in Lithuania, the app for the Yandex.taxi ride-hailing service, owned by Uber Source link