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The VanEck Russia ETF plunged 24.7% in premarket trading, putting them on track to open at the lowest price seen during regular-session hours since March 2009, at the depths of the financial crisis, after the Central Bank of Russia said the Russian stock market will be closed Monday as tightening sanctions in the wake of Russia''s invasion of Ukraine has led to extreme volatility in Russian financial markets. Among the U.S.-listed components seeing premarket activity, shares of search engine Yandex N.V. tumbled 21.3%, internet services company Veon Ltd. shed 15.8% and ecommerce portal Ozon Holdings PLC dropped 19.0%. The U.K.-listed shares of Rosneft Oil Co. plummeted 40.4%, after U.K. oil giant BP PLC said over the weekend it is selling off its 19.75% stake in the state-controlled Russian oil and gas company. The Russia ETF selloff comes as crude oil futures jumped 4.5% and futures for the S&P 500 fall 1.1%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
China’s NIO is planning a secondary listing in Hong Kong; Results are due from Novavax.
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 and Russia's Yandex.
In an attempt to prevent a total collapse of the Russian ruble, the central bank also more than doubled interest rates to 20% following sanctions.
https://www.investing.com/analysis/1-stock-to-buy-1-to-dump-when-markets-open-palo-alto-networks-yandex-200618861

Yandex ask Russians to be wary of unreliable information online

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Russian tech giant Yande has started warning Russian users looking… The post Yandex ask Russians to be wary of unreliable information online appeared first on PageOne .

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The "Google of Russia" was cut in half over the past year.

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The "Google of Russia" was cut in half over the past year.
MOSCOW — Russian tech giant Yandex 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 threatened to block media reports that contain what Moscow described as “false information” regarding its military operation […]

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The "Google of Russia" was cut in half over the past year.
Russian tech giant Yandex 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 wh
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