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Reuters - vor 2 Tagen

Two Russian online film distributors charged under 'LGBT propaganda' law

Two Russian online film distributors charged under 'LGBT propaganda' law May 9 (Reuters) - Two Russian online film distributors, including a company owned by Nasdaq-listed internet giant Yandex YNDX.O , have been charged with offences under the country's so-called "LGBT propaganda" law, a notice on a Moscow court's website said. Russia last year expanded its restrictions on the promotion of what it calls LGBT propaganda amid a broader clampdown on LGBT rights, which President Vladimir Putin has
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Reuters - vor 2 Wochen

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news MOSCOW, April 26 (Reuters) - Russian internet giant Yandex reported a 40% rise in first-quarter revenue to 228.3 billion roubles ($2.47 billion), driven by growth in e-commerce and ride-hailing, with the market awaiting news on a much anticipated corporate spin-off. Yandex's Nasdaq-listed and Dutch-registered parent, Yandex NV YNDX.O , in February struck a $5.2-billion deal after months of negotiations to sell its assets in R
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Reuters - vor 4 Wochen

Russia eyes smaller than planned budget deficit in 2024, Ifax says

UPDATE 2-Russia eyes smaller than planned budget deficit in 2024, Ifax says Adds detail on foreign companies from paragraph nine MOSCOW, April 11 (Reuters) - Russia's budget deficit for 2024 is expected to be between 1.4 trillion and 1.5 trillion roubles ($14.94 - $16.01 billion), Interfax news agency quoted Finance Minister Anton Siluanov as saying on Thursday, smaller than in the current plan.
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Reuters - vor 4 Wochen

Russian billionaire Fridman wins appeal but remains under EU sanctions

UPDATE 4-Russian billionaire Fridman wins appeal but remains under EU sanctions Billionaires score rare victory in EU sanctions case Top EU court finds insufficient evidence they supported Moscow's policies in Ukraine Two businessmen remain under punitive measures for now Recasts, adds background from paragraph 11 BRUSSELS, April 10 (Reuters) - Russian billionaire Mikhail Fridman and his business partner Petr Aven won a rare victory against EU sanctions over Moscow's war against Ukraine on Wedne
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Reuters - vor 1 Monat

Southey Capital offers to buy shares in Russian railroad firm Globaltrans

Southey Capital offers to buy shares in Russian railroad firm Globaltrans This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, April 8 (Reuters) - Southey Capital, a capital markets firm specialising in distressed and illiquid securities, said on Monday it was offering to buy shares in Russian railroad operator Globaltrans at a discount of around 20%.
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Reuters - vor 1 Monat

Moscow Exchange to admit Yandex shares for trading on May 15

Moscow Exchange to admit Yandex shares for trading on May 15 MOSCOW, April 1 (Reuters) - Moscow Exchange, Russia's largest bourse, will admit shares in Russia's Yandex for trading on May 15 under the YDEX ticker, it said on Monday. Yandex YNDX.O , a technology company that operates an internet search engine, in February struck a 475-billion-rouble ($5.27 billion) deal after months of negotiations to sell its assets in Russia at a heavily discounted price due to Kremlin demands on foreign asset s
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Reuters - vor 1 Monat

Tech and Internet search company Yandex expects to complete earlier Russia sale deal in coming weeks

BRIEF-Tech and Internet search company Yandex expects to complete earlier Russia sale deal in coming weeks March 28 (Reuters) - Yandex NV YNDX.O : UPDATE ON THE DIVESTMENT OF ITS RUSSIA-BASED BUSINESSES A DEFINITIVE AGREEMENT WITH A PURCHASER CONSORTIUM TO SELL ALL OF GROUP'S BUSINESSES IN RUSSIA & CERTAIN INTERNATIONAL MARKETS FOR RUB 475 BILLION, AS ANNOUNCED ON FEB 5 AS OF NOW, WE HAVE RECEIVED ALL NECESSARY REGULATORY APPROVALS IN RUSSIA FOR THIS SALE As previously announced, the sale transa
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Reuters - vor 1 Monat

Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds Embracer, Foraco, LPP and Wienerberger March 28 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. The moves, part of a broader corporate exodus from Russia, have prompted concerns that Russian companies and institutions are snapping up prize assets at bargain pr
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Reuters - vor 1 Monat

Foreign firms' losses from exiting Russia top $107 billion

ANALYSIS-Foreign firms' losses from exiting Russia top $107 billion Adds Wienerberger exit details in paragraph 7 By Alessandro Parodi and Alexander Marrow March 28 (Reuters) - The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed.
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Reuters - vor 1 Monat

Foreign firms' losses from exiting Russia top $107 billion

CORRECTED-ANALYSIS-Foreign firms' losses from exiting Russia top $107 billion Removes reference to BAT in final paragraph By Alessandro Parodi and Alexander Marrow March 28 (Reuters) - The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed.
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Reuters - vor 2 Monaten

Switzerland removes 12 people from Russia sanctions list

Switzerland removes 12 people from Russia sanctions list March 22 (Reuters) - Switzerland has removed 12 people from its Russia sanctions list over the war in Ukraine, the State Secretariat for Economic Affairs (SECO) said on Friday. Among them is Arkady Volozh, a co-founder of Russian internet giant Yandex, who recently cut ties with the Russian business and condemned the invasion of Ukraine.
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Reuters - vor 2 Monaten

Yandex NV shareholders approve sale of Russian assets to investor consortium

UPDATE 1-Yandex NV shareholders approve sale of Russian assets to investor consortium Adds details from paragraph 3 onwards March 7 (Reuters) - Shareholders of Dutch-registered Yandex NV YNDX.O approved the sale of "Russia's Google," the country's most valuable technology asset, to a management-led consortium of Russian investors, the company said on Thursday.
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Reuters - vor 2 Monaten

Yandex NV shareholders approve sale of Russian assets to investor consortium

Yandex NV shareholders approve sale of Russian assets to investor consortium March 7 (Reuters) - Shareholders of Dutch-registered Yandex NV YNDX.O approved the sale of "Russia's Google," the country's most valuable technology asset, to a management-led consortium of Russian investors, the company said on Thursday. Yandex last month struck a 475-billion-rouble ($5.27 billion) deal after months of negotiations to sell its assets in Russia at a heavily discounted price due to Kremlin demands on for
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Reuters - vor 2 Monaten

Yandex, Polymetal shareholders set to approve major Russian exit deals

Yandex, Polymetal shareholders set to approve major Russian exit deals By Alexander Marrow LONDON, March 7 (Reuters) - Two of Russia's largest corporate exit deals since Moscow's invasion of Ukraine are up for shareholder approval on Thursday, with "Russia's Google" Yandex and major mining assets set to pass to Russian ownership in transactions totalling around $9 billion.
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Reuters - vor 2 Monaten

Russian government approves Yandex NV deal to sell Russian assets - Vedomosti

Russian government approves Yandex NV deal to sell Russian assets - Vedomosti MOSCOW, March 6 (Reuters) - A subcommittee of the Russian government commission for control over foreign investments has approved a number of deals for a group of Russian investors to buy 96.3% of Yandex NV's Russian business, Russian newspaper Vedomosti reported on Wednesday citing sources.
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Reuters - vor 3 Monaten

EU to lift sanctions slapped on two Russians, one Slovak over Ukraine war, diplomats say

EU to lift sanctions slapped on two Russians, one Slovak over Ukraine war, diplomats say By Gabriela Baczynska and Julia Payne BRUSSELS, Feb 22 (Reuters) - The European Union will lift sanctions against two Russian businessmen and one Slovak national, two diplomatic sources told Reuters on Thursday, but stressed the bloc was not likely to follow suit for billionaire Alisher Usmanov .
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Reuters - vor 3 Monaten

Yandex co-founder Arkady Volozh to be removed from EU Russian sanctions list, sources say

UPDATE 1-Yandex co-founder Arkady Volozh to be removed from EU Russian sanctions list, sources say Adds context BRUSSELS, Feb 21 (Reuters) - EU countries have agreed to remove Arkady Volozh, co-founder of Russian internet giant Yandex, from their list of sanctioned entities and individuals relating to Russia's war in Ukraine, three sources familiar with the matter said.
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Reuters - vor 3 Monaten

Yandex co-founder Arkady Volozh to be removed from EU Russian sanctions list - sources

Yandex co-founder Arkady Volozh to be removed from EU Russian sanctions list - sources BRUSSELS, Feb 21 (Reuters) - EU countries have agreed to remove Arkady Volozh, co-founder of Russian internet giant Yandex, from its list of sanctioned entities and individuals relating to Russia's war in Ukraine, three sources familiar with the matter said. Volozh is one of three individuals who will be removed after March 15 when the sanctions regime is renewed.
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Reuters - vor 3 Monaten

Russia's Yandex reports full-year revenue jump, spinoff in focus

UPDATE 1-Russia's Yandex reports full-year revenue jump, spinoff in focus Adds detail from paragraph three onwards MOSCOW, Feb 15 (Reuters) - Russian search engine giant Yandex YNDX.O on Thursday reported a 53% jump in full-year revenue to 800.1 billion roubles ($8.72 billion), driven by organic growth across the business, from search and advertising to e-commerce and ride-hailing.
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Reuters - vor 3 Monaten

Russia's Yandex reports full-year revenue jump, spin-off in focus

Russia's Yandex reports full-year revenue jump, spin-off in focus MOSCOW, Feb 15 (Reuters) - Russian search engine giant Yandex YNDX.O on Thursday reported a 53% jump in full-year revenue to 800.1 billion roubles ($8.72 billion), driven by organic growth across the business, from search and advertising to e-commerce and ride-hailing. Yandex's Nasda
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