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The company currently owns a 29% stake in Russia''s largest ride-hailing platform..

Uber to remove executives from Yandex joint venture

11:02pm, Monday, 28'th Feb 2022 Investing.com
https://www.investing.com/news/stock-market-news/uber-to-remove-executives-from-yandex-joint-venture-2774494
Uber Technologies (UBER) is looking to speed up the sale of its taxi joint-venture with Russian tech company Yandex (YNDX), Bloomberg reported. In a statement obtained by the news…
Uber will be speeding up the sale of its stake in a taxi joint-venture with Yandex, a Russian internet search company, in the wake of the Russian war taking place in Ukraine, Bloomberg reported Monday
Uber has removed three executives from the board of Yandex, a Russian internet search engine, as more major western corporations distance themselves amid Moscow's invasion of Ukraine.
Uber Technologies Inc. is speeding up the sale of its stake in a taxi joint-venture with Russian internet search company Yandex NV.

What''s On With Yandex Shares Today

06:36pm, Monday, 28'th Feb 2022 Benzinga
Lithuania''s transport and economy ministers have asked Alphabet Inc''s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google, and Apple Inc (NASDAQ: AAPL ) to remove the app for the Yandex taxi ride-hailing service in the country,
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
VILNIUS — Lithuania has asked Google and Apple to remove the app for the Yandex.taxi ride-hailing service, owned by Russia’s Yandex and Uber, the transport and economy ministers said on Monday. The request to remove the app in Lithuania is in response to the Russian invasion of Ukraine, the transport ministry said in a statement. […]
The Russian ruble was trading as low as 119 per U.S. dollar on Monday morning, down from 84 per dollar on Sunday, a decline of nearly 30%. The precipitous fall of Russia's currency comes in response t

Trade halted in several Russian stocks on NYSE, Nasdaq

04:29pm, Monday, 28'th Feb 2022 MarketWatch
Trade in several Russia-related stocks on the New York Stock Exchange and Nasdaq was halted Monday. Alerts from the NYSE said activity in American depositary shares of steelmaker Mechel PAO , telecom operator Mobile TeleSystems and Russian online real-estate listings company Cian PLC were halted due to "regulatory concern." Shares of search-engine operator Yandex N.V. and e-commerce platform Ozon Holdings PLC were among those halted on Nasdaq for news pending. The halts follow a range of new sanctions imposed by the U.S. and its allies on Russia in response to its invasion of Ukraine. The Wall Street Journal, citing people familiar with the matter, reported that the halts are temporary while NYSE and Nasdaq regulatory teams study the sanctions. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Yandex halted, but set to slide another 21% after new sanctions

03:26pm, Monday, 28'th Feb 2022 Seeking Alpha
Stock in Russia-focused search giant Yandex (YNDX) has been halted since before today''s Nasdaq open, down 21.3% premarket in the wake of harsher economic sanctions on Russia…
Trading on Nasdaq in shares of the popular Russian search engine are halted Monday.
The New York Stock Exchange and Nasdaq are toughening up on Russian companies that trade in the U.S.

Futures Bounce From Overnight Lows As New Peace Talks Begin

01:09pm, Monday, 28'th Feb 2022 Zero Hedge
Futures Bounce From Overnight Lows As New Peace Talks Begin Global stocks and US futures tumbled on Monday, although they were well off their worst levels as a fresh round of ceasefire talks kicked off on Monday morning offering a glimmer of hope that hostilities will end; sovereign bonds rallied and commodities surged amid heightened uncertainty after a new wave of sanctions against Russia for the invasion of Ukraine. March contracts on the S&P 500 Index declined as much as 2.9% before trimming losses to 1%, or down 43 points as of 745 a.m. in New York. Futures on the Nasdaq 100 and the Dow were each down 1.4%. European stocks also recovered from an earlier as banks with exposure to Russia led declines, while utilities and defense stocks gained. Oil, natural gas, wheat and palladium jumped, as Brent crude soared to about $103 a barrel on fears of commodity-supply disruptions. Rallies in the dollar, gold and Treasuries underlined the demand for havens. Over the weekend, Western nations agreed on new sanctions to further isolate Russia, by seeking to prevent its central bank from using foreign reserves to blunt sanctions and excluding some Russian lenders from the SWIFT messaging system that underpins trillions of dollars worth of transactions.
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