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YANDEX SANCTIONS
After months of negotiation, a rare Russian compromise as Yandex changes handsSix months earlier, the purchase of Yandex's Russia-based businesses, which generate more than 95% of revenue, by Russian investors looked ...09 Feb, 2024, 02.57 PM IST- Search engine Yandex owner to exit Russia in $5.2 billion dealThe Kremlin-engineered deal would see Russia's largest technology player fall entirely under Russian ownership, including a fund ultimately...05 Feb, 2024, 04.03 PM IST
- Yandex's restructuring deal expected to be delayed to next yearDutch holding company Yandex NV has been working on a restructuring for months, as it tries to ensure some of its businesses retain access ...26 Dec, 2023, 10.15 AM IST
- Fear of tech 'brain drain' prevents Russia from seizing Yandex for nowYandex's fate has been the subject of much speculation since it announced plans to pursue a corporate restructuring last November, a move t...10 Aug, 2023, 06.33 PM IST
- Yandex cofounder Volozh slams Russia's 'barbaric' invasion of UkraineVolozh described himself as a "Kazakhstan-born, Israeli tech entrepreneur" on a personal website, drawing some criticism in Russian media a...10 Aug, 2023, 03.03 PM IST
- War comes to Russian business after drones strike Moscow's financial centreAn explosion early on Sunday rocked the Moskva-Citi business district, several miles west of the Kremlin and home to several skyscrapers, i...31 Jul, 2023, 09.48 PM IST
- Russia's Yandex fined for refusing to share user information with security servicesSince Moscow invaded Ukraine in February 2022, the search engine Yandex, while not itself under sanctions, has struggled to balance domesti...19 Jun, 2023, 10.11 AM IST
- Russia's VTB may pull out of running for internet giant Yandex stake: CEO Andrei KostinOften dubbed "Russia's Google", Yandex is making progress on a corporate restructuring plan that should see it divest ownership and control...11 Jun, 2023, 08.18 PM IST
- Russian billionaires in hunt for stakes in Yandex's local assetsVladimir Potanin, CEO and the largest shareholder of metals giant Nornickel, and Vagit Alekperov, cofounder and a major shareholder of oil ...21 May, 2023, 10.27 AM IST
- Sberbank’s tech push shows Russia’s growing reliance on its top bankOnce a Soviet savings behemoth, Sberbank’s image has gradually been transformed under CEO German Gref, who has overseen investments into ar...04 May, 2023, 03.48 PM IST
- Russia's Yandex buys Uber's stake in taxi JV for $703 millionIn 2021, Uber divested its stake in a foodtech and delivery joint venture with Yandex. The companies joined forces in Russia in 2017 to com...21 Apr, 2023, 09.49 PM IST
- Russian consumer companies turn to India as western brands pull the plugYandex Market, involved in imports, logistics, customs clearance, storage and distribution of goods, is exploring the possibilities of sour...25 Apr, 2022, 09.51 AM IST
- Confusion, but not panic, reigns in global finance in Russia's wakeThe shock is being felt in unexpected places. In Germany, the debt office has had to increase the size of a bond to ease conditions in euro...07 Mar, 2022, 12.02 PM IST
- Not panic, it's confusion that reigns in global markets amid Russia-Ukraine warThe shock is being felt in unexpected places. In Germany, the debt office has had to increase the size of a bond to ease conditions in euro...07 Mar, 2022, 11.51 AM IST
- Russian tech giant Yandex says might defaultIn a press release published Thursday, Yandex, which is legally headquartered in the Netherlands but has its main offices in Russia, said t...04 Mar, 2022, 11.36 AM IST
- NYSE, Nasdaq halt trading in stocks of Russia-based companiesThe Nasdaq-listed stocks halted were Nexters Inc, HeadHunter Group PLC, Ozon Holdings PLC, Qiwi PLC, and Yandex. The NYSE-listed stocks hal...01 Mar, 2022, 12.19 AM IST
- Russia-exposed stocks plunge as tougher Western sanctions loomLondon-listed shares of Russia's two biggest companies by market value, Sberbank and Gazprom, fell 74.6% and 37.9%, respectively.24 Feb, 2022, 08.55 PM IST
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