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Hong Kong CNN —When the new iPhone 16 went on sale, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash. “We want to buy as many as possible,” one Russian buyer, Nick Alexenkov, told CNN outside the Apple store in Tsim Sha Tsui, a busy shopping district in Hong Kong. Alexenkov, the iPhone purchaser in Hong Kong, said he expected to turn a profit of up to 25% for each phone despite offering to pay 12% above the retail price to acquire those phones in Hong Kong. A man holds an Apple iPhone 16 Pro Max ahead of the launch of sales of the new iPhone 16 series smartphones in a store in Moscow, Russia September 20, 2024. A man from Hong Kong, who tried to sell two 1-terabyte Pro Maxes, complained that, at $2,027 each, the Russian buyers weren’t offering enough.
Persons: Nick Alexenkov, Vladimir Putin, , Max, Alexenkov, Evgenia Novozhenina Organizations: Hong Kong CNN, Kong’s Apple, CNN, Apple, Mobile, MTS, ” Reuters, Reuters Locations: Hong Kong, Tsim Sha, Ukraine, Russia, Moscow, Eldorado, Russian, Central
If other Kremlin-friendly parties swing their support behind him, the second round will be extremely close. Both the Kremlin and Shor have denied interference, but Moldovan officials have warned the second vote could also be targeted by similar schemes. He has called for a “reset” of relations with Moscow and said he would be willing to meet Russian President Vladimir Putin, while maintaining he is committed to joining the EU. As a result, his platform is a mix of contradictory policies, said Samurokov: “You either support European integration, or you want to promote cooperation with Moscow. Evgenia Novozhenina/ReutersStill, Moldovan officials are braced for a second round of voting marred by pro-Russian meddling.
Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Sandu –, Moscow –, Stoianoglo, Vladislav Culiomza, Reuters Sandu, Valeriu Pasha, Ilan Shor, Shor, ” Maksim Samorukov, Sandu’s, , Vladimir Putin, Evgenia Novozhenina, ” Pasha, Volodymyr Zelensky, Organizations: CNN, European Union, EU, Russian Party of Socialists, World Bank, Moscow, Reuters, Reuters Analysts, Carnegie Russia Eurasia Center, Communist Locations: Soviet, Europe, Moldova, European, Ukraine, Harvard, Chisinau, Russian, Russia, Moscow, Transnistria, Georgian, , Georgia
The plot to topple Putin
  + stars: | 2024-09-09 | by ( Paul Starobin | ) www.businessinsider.com   time to read: +32 min
But it was only when Putin launched his full-scale invasion of Ukraine , in 2022, that Ammosov began to plot the overthrow of his homeland. As I found in months of wide-ranging interviews, everyone aspiring to a new Russian revolution grasps the seemingly impossible odds of their bid to topple Putin. Ponomarev — who was profiled last year in The Washington Post under the headline "Could this man bring down Putin?" Most applicants live in Russia, Sokolov tells me, but submissions have come from as far away as Uruguay. "I know a lot of good officers" in the CIA, Ponomarev told me, who "sympathize" with the anti-Putin insurgency.
Persons: Vladislav Ammosov, Ukraine —, Ammosov, wondrously, Vladimir Putin, Putin, Simona Supino, Alexey Navalny —, Ilya Ponomarev, Ponomarev —, , Sean Guillory, Denis Sokolov, Sokolov, Galina Starovoytova, Anastasia Sergeeva, Sergeeva, Valter, Putin —, Tatiana Kosinova, Yelena Bonner, Itil, Boris Nemtsov, Nemtsov, Vladimir Lenin, specter, NurPhoto, Lenin, Leon Trotsky, Mao Zedong, Fidel Castro, Boris Akunin, Ponomarev, Trotsky, Mao, Castro, Alexei Sobchenko, Sergei Chuzavkov, Ilya Ponomarev Ponomarev, Michał Kamiński, Kosinova, Pavel Ivanovich Chichikov, Nikolai Gogol's, . Barnum, Bernie, Madoff, Donald, Leonid Nevzlin, Mikhail Khodorkovsky, Navalny, King George III, Khodorkovsky, Garry Kasparov, Putin's, Andrey Volna, Brian Fitzpatrick, Charlie Wilson's, Tom Hanks, Philip Seymour Hoffman, Daniel Fried, William Burns, Fried, Biden, We're, Evgenia, it's Organizations: Putin, Ukrainian, Russian Federation, The Washington Post, University of Pittsburgh, Civic Council, Kennan, Wilson Center, GRU, Russia, BI, International Republican Institute, CIA, Kremlin, Russian, Memorial, Soviet Union, of America, Civic, Ukraine's Ministry of Defense, Russian Volunteer Corps, European, Human Rights, Siberian Battalion, Ammosov, Ukrainian Armed Forces, Putin's Defense Ministry, True, Bolsheviks, of Russia Legion, People's Deputies, State Department, Justice Department, Polish Senate, Trump University, Trump, Khodorkovsky, FBI, Intelligence, Senate, Ukrainian Security Services, Bolshevik Locations: Siberia, Russia, Warsaw, Poland, Ukraine, Sakha, India, Putin Russia, Russian, Kyiv, The, restive North Caucasus, Washington, Soviet Union, Moscow, WhatsApp, Ukrainian, Soviet, Crimean, USSR, Europe, Uruguay, Armenia, Georgia, Kazakhstan, America, Canada, Great Britain, Germany, Australia, Belgorod, Kursk, Kremlin, China, Cuba, True Russia, Ponomarev, Northern Virginia, Polish, ., Lviv, Yukos, London, Pennsylvania, Texas, Afghanistan, Putin Russian, Tallinn, Estonia
Now, the Justice Department is alleging that some of the biggest stars in right-wing social media were, unwittingly, part of a sinister Russian operation to influence the 2024 US election. What is Tenet Media? “Overt shilling”The Russians also pushed Tenet to promote videos that were going viral on social media, according to the indictment. Tenet Media has not responded to requests for comment and stopped posting content on Wednesday. After the 2016 US presidential election, congressional and federal investigations showed Moscow had successfully co-opted unwitting Americans to stage protests, run social media accounts and host events at its behest.
Persons: CNN — They’re, weren’t, Tim Pool, Benny Johnson, Lauren Southern, Tayler Hansen, Matt Christiansen, Dave Rubin, Johnson, MAGA influencers, Rubin, Glenn Beck’s, Enrique Tarrio, Jack Posobiec, Pool, Donald Trump, Donald Trump Jr, Christiansen, Lauren Chen, Liam Donovan, Chen, Donovan, , Donald Trump’s, Vladimir Putin, Viktor Orban, Evgenia Novozhenina, , Trump, Q, Justin Trudeau, Putin, Trudeau, Israel, ” Rubin, Eduard Grigoriann, “ Grigoriann, Tenet, Tucker Carlson, Carlson fawned, I’ll, Nina Jankowicz, , unvarnished ’, Renee DiResta, Donie O’Sullivan Organizations: CNN, Justice, Justice Department, Tenet Media, Kremlin, Vice Media, Independent, Young Turks, YouTube, Tenet, Google, Proud Boys, Blaze Media, Ukraine, The Justice Department, Republican Party, Trump, Democrats, , United, ISIS, Hungary's, Reuters “, Canadian, Hamas, FBI, Fox News, American Sunlight, Media, DOJ, Soviet, Stanford Internet Observatory Locations: Tennessee, Russia, Ukraine, , “ Ukraine, United States, Moscow, Russian, Colorado, American
CNN —Vladimir Kara-Murza, a Russian opposition politician and one of President Vladimir Putin’s fiercest critics, has described the psychological torture he endured during 11 months in solitary confinement, saying he thought he would die in a Siberian cell. “Just a little over two weeks ago, I was still sitting in my solitary confinement cell in a harsh regime prison colony in Siberia. And I was certain that I was going to end my life in the prison,” Kara-Murza said. But Kara-Murza was taken to a passenger airport in Omsk and loaded onto a plane headed for Moscow. Now enjoying his freedom and time with his family, Kara-Murza has promised to return to Russia.
Persons: Vladimir Kara, Murza, Vladimir Putin’s, CNN’s Erin Burnett, Evan Gershkovich, Paul Whelan, Alsu Kurmasheva, ” Kara, Alexei Navalny, Kara, Erin Burnett, Evgenia Kara, Murza –, , Vladimir, “ Vladimir Putin’s, , , Vadim Krasikov, Muza, Joe Biden, Biden, Evgenia Organizations: CNN, Base Andrews, Kremlin Locations: Russian, Russia, Maryland, Siberia, New York, Ukraine, , Belarus, Omsk, Moscow, Germany, Berlin, Ankara, Turkey, Washington ,, Kara
CNN —The trial of Evan Gershkovich, the first American journalist to be arrested on espionage charges in Russia since the Cold War, began Wednesday morning in a closed door hearing that has been condemned by his newspaper and the United States. While many newsrooms subsequently pulled their reporters out of Russia, Gershkovich remained, covering the war and how it was changing life in Russia. Footage on Wednesday morning showed Gershkovich inside a glass court cage, his head shaved, ahead of the trial due to start imminently behind closed doors. The trial of Gershkovich, the American-born son of Soviet-era emigres to the US, has highlighted the extent to which Russia’s invasion of Ukraine has harmed relations between Moscow and Washington. Gershkovich seen inside an enclosure for defendants in Yekaterinburg, Russia on June 26, 2024.
Persons: Evan Gershkovich, Gershkovich, Gershkovich “, Matthew Miller, ” Miller, Ella Milman, Mikhail Gershkovich, “ He’s, ” Milman, He’s, Evan, Evgenia Novozhenina, Natalia Kolesnikova, Emma Tucker, , ” Tucker, Joe Biden, Evan ”, Paul Whelan, Whelan, , Biden, Brittney Griner, , Griner, Viktor Bout, Bout, Putin, Tucker Carlson, Andrei Soldatov, Vladimir Putin, Vadim Krasikov, ” Putin, Gershkovich’s, Mikhail Organizations: CNN, Wall Street, Russia, CIA, WSJ, US State Department, State, Reuters, Getty, Journalism, , Kremlin, Tucker Carlson Network Locations: American, Russia, United States, Ukraine, Yekaterinburg, Moscow, Washington, Sverdlovsk Regional, Russian, Moscow’s, AFP, Soviet, Ukrainian, Chechen, Berlin
In Dagestan, Russian security forces fought an Islamist insurgency in the mountainous region in the 2000s that spilled over from neighboring Chechnya, though attacks have become rarer in recent years. Russian President Vladimir Putin attends a meeting with his election campaign confidants at the Kremlin in Moscow, Russia March 20, 2024. ISIS-K attack on music venueThe coordinated attacks in Dagestan come just weeks after Russia suffered its worst terror attack in decades. For a leader who has long promised security and stability to Russians, the major attack on Russian soil was another powerful blow. In the aftermath of the March attack, Putin called for Russia to remain united.
Persons: Vladimir Putin’s, Putin, Ramzan Kadyrov, Jill Dougherty, Vladimir Putin, confidants, Evgenia Novozhenina, Bashar al, Assad, Prince Mohammed bin Salman, Benjamin Netanyahu, Organizations: CNN, ISIS, Ukraine grinds, Russian Jewish Congress, Attackers, TASS, Russian Federation, Soviet, Hamas, Makhachkala Uytash Airport, Kremlin, Reuters, Saudi, Israeli, Central, Migrants, Kazakhstan — Locations: Russia, Russia’s, Dagestan, Moscow, Derbent, Makhachkala –, Makhachkala, Russian, Republic of Dagestan, Russia’s Caucasus, Caucasus, Soviet Union, Chechnya, , Grozny, Ukraine, , Gaza, Israel, CNN Moscow, Reuters Russia, Iran, Soviet, Tajikistan, Uzbekistan, Kyrgyzstan, Turkmenistan, Kazakhstan
Read previewRussia often uses its annual Red Square military parade in Moscow as an opportunity to show off its weaponry. This T-34, the legendary Soviet tank from World War II, was the only Russian tank on display at the Victory Day parade in Red Square today. A military parade on Victory Day in Red Square, Moscow, Russia, in May 2022, to mark the 77th anniversary of the victory over Nazi Germany in World War II. A RS-24 Yars intercontinental ballistic missile system drives on Red Square during the Victory Day military parade in central Moscow on May 9, 2024. AdvertisementWhile the Russian tank display was notably lacking, other modern Russian weapons did make an appearance, such as Russia's intercontinental ballistic missiles.
Persons: , @maxseddon, Vladimir Putin, Novozhenina, Ukraine's, NATALIA KOLESNIKOVA Organizations: Service, Red, Soviet Union, Business, Soviet, Nazi, REUTERS, International Institute for Strategic Studies, Victory Day Locations: Russia, Moscow, Soviet, Nazi Germany, Square, Ukraine, Red Square, Donetsk
Atlanta CNN —Vladimir Kara-Murza, a prominent Russian human rights advocate and Kremlin critic, has won the Pulitzer Prize for commentary written from his prison cell. Kara-Murza is serving a 25-year jail term for publicly criticizing Moscow’s war in Ukraine. The sentence had been widely condemned by the international community as draconian and politically motivated. In his April 2022 interview with CNN, the political dissident condemned Putin’s regime for targeting critics. He was arrested shortly afterwards for “failing to obey the orders of law enforcement,” according to his wife.
Persons: Vladimir Kara, Murza, Monday’s Pulitzer, Kara, , Vladimir Putin’s, Evgenia Kara, Vladimir, ” Kara, Maxim Shemetov, Putin, Putin’s Organizations: Atlanta CNN, Kremlin, Washington, Washington Post, CNN Locations: Russian, Ukraine, Russia, Vladimir Putin’s Russia, Moscow, Arizona
Russian forces have used the “artillery drought” hampering Ukraine’s defenses since December to push forward on the eastern front near Avdiivka, making the largest advance since the early months of the war. Only on Sunday did the top Ukrainian military commander, Oleksandr Syrskyi, admit the fall of a series of villages that his subordinates had insisted for days were still contested. The resulting fallback showed Russian forces had, in just over two months, made the most substantial and swift progress since July 2022’s advances near Severodonetsk, according to a CNN analysis. DeepStateMap, which updates the frontline situation daily, showed significant losses near Avdiivka. Yurii Fedorenko, commander of the Achilles attack drones company at the 92nd separate assault brigade in that area, said the next two months marked a “window of opportunity” for Russian forces.
Persons: Chasiv, Oleksandr Syrskyi, Ruslan Mykula, ” Mykula, , Volodymyr Zelensky, Oleksandr Ratushniak Oleksandr Ratushniak, Chasiv Yar, Col Nazar Voloshyn, ” Voloshyn, Druzhkivka, Novozhenina, Yurii Fedorenko, Organizations: CNN, Sunday, Kurakhove, Ukraine’s, Airborne, REUTERS, Reuters, Russian Locations: Ukraine, Avdiivka, Donetsk, Mariupol, Russia, Pokrovsk, Chasiv Yar, Bakhmut, Ukrainian, Russian, Avdiivka’s, Severodonetsk, Ocheretyne, Kurakhve, Kupiansk, Kharkiv, Moscow
Ukrainian soldiers of a mortar team in 24th brigade are seen at positions near Toretsk, Ukraine on March 26, 2024. Anadolu | Anadolu | Getty ImagesBefore the two-year anniversary of Russia's war against Ukraine, defense experts widely predicted that the conflict would settle into a stalemate in 2024, leading neither side to make or lose a significant amount of territory. Russia's recent momentum — and ongoing worries over Ukraine's weaponry and ammunition shortages, as well as stalled U.S. military aid — are now prompting concerns that a stalemate might even be the "best-case scenario" that Kyiv can hope for this year. At worst, Ukraine could see Russian forces breaking through Ukraine's defensive positions along parts of the front line, one defense expert noted. Ukrainian servicemen of 24th brigade operate an 82mm mortar near the frontline in Toretsk as the war between Russia and Ukraine continues in Toretsk, Ukraine on March 27, 2024.
Persons: Ben Barry, Volodymyr Zelenskyy, Barry, Vladimir Putin, confidants, Evgenia Novozhenina, Ian Bremmer, Ukraine's, Metin Organizations: Anadolu, Getty, Land Warfare, Kremlin, Reuters Supply, Ukraine, Eurasia Group Locations: Toretsk, Ukraine, Moscow, Avdiivka, Russia, Russia’s, Donetsk, Luhansk, Russian, Iran, North Korea, Germany, U.S, Europe, Ukrainian, Izium, Kharkiv
CNN —Boris Nadezhdin, an anti-war candidate vying for the Russian presidency, said Wednesday he had submitted the signatures required to be listed on the presidential election ballot, potentially allowing him to stand against Vladimir Putin in March. Nadezhdin announced he had delivered 105,000 signatures, the maximum allowed by law, to the Central Election Commission in Moscow, which now has 10 days to review the signatures. Many thanks to those dozens, even hundreds of thousands of people who stood in queues throughout our huge country, in 75 regions of the country, in more than 120 or 130 cities, collecting signatures,” Nadezhdin said at a press conference. Dozens line up to give their signatures in support of Nadezhdin, who hopes to run against Putin in the Russia's March presidential election. He has garnered the support of other prominent Russian opposition figures, including members of jailed Kremlin critic Alexey Navalny’s team and exiled oligarch Mikhail Khodorkovsky, who urged Russian citizens to add their signatures for Nadezhdin.
Persons: Boris Nadezhdin, Vladimir Putin, Nadezhdin, ” Nadezhdin, Putin, , Anatoly, Evgenia Novozhenina, , I’m, Alexey Navalny’s, oligarch Mikhail Khodorkovsky, Yekaterina Duntsova, Duntsova Organizations: CNN, Commission, Putin, Duma, Civic Initiative Party, Russia’s CEC, CEC, Central Locations: Moscow, Russia, Europe, London, Paris, Georgia’s, Tbilisi, Ukraine, Russian
Dozens, if not hundreds of people lining up in freezing conditions to try to ensure an anti-war presidential candidate has enough signatures to get on the ballot for the vote in March. Key endorsements from other Russian opposition figures, including associates of jailed Kremlin critic Alexey Navalny have helped. The candidate is Boris Nadezhdin, on the surface an unlikely opponent for Vladimir Putin. People give their signatures in support of Boris Nadezhdin, who plans to run for Russian president in the March 2024 election, outside his campaign office in Moscow on January 23. Evgenia Novozhenina/ReutersHe went on to become an adviser to opposition leader Boris Nemtsov, assassinated within view of the Kremlin in 2015.
Persons: Alexey Navalny, Boris Nadezhdin, Vladimir Putin, He’s, oligarch Mikhail Khodorkovsky, Evgenia Novozhenina, Boris Nemtsov, , Putin, , Russia’s, I’m, Nadezhdin, Elizaveta, Yulia Morozova, Ivan, Elena, Anna Chernova Organizations: CNN, Reuters, Kremlin, Civil Initiative Locations: Russia, London, Paris, Georgia’s, Tbilisi, Moscow, Ukraine, Bryansk, , Russian
People, including Russian law enforcement officers, walk near St. Basil's Cathedral and the Kremlin's Spasskaya Tower, as a pigeon flies over Red Square in central Moscow, Russia, March 20, 2023. It was not clear from Russian media reports which foreigners the draft legislation - if it becomes law - would apply to or what the punishment would be for not adhering to the "agreement" which foreigners would have to sign upon entry to Russia. The chairman of the Duma's CIS Affairs Committee said that the draft law was well advanced and was being worked on by the interior ministry, the government, the presidential administration as well as his committee. "The draft law on the so-called 'loyalty agreement' with migrants entering the Russian Federation is in a high degree of readiness," Leonid Kalashnikov told Interfax.
Persons: Evgenia, Vladimir Putin, Putin, Leonid Kalashnikov, Kalashnikov, Lidia Kelly, Guy Faulconbridge, Andrew Osborn, Nick Macfie Organizations: REUTERS, TASS, Russian Federation, Fatherland, Nazi, Opposition, State Duma, Duma's CIS, Committee, Thomson Locations: St, Basil's, Moscow, Russia, MOSCOW, Ukraine, Soviet, Berlin, Europe, Melbourne
"Fear is present but it is conscious," said Duntsova, who this month announced she wanted to run for president in the March 2024 election. They say that Putin has restored order and some of the clout Russia lost during the chaos of the Soviet collapse. When asked what she thought of Putin, Duntsova laughed nervously. "When in Europe and the United States they say that Russia and the Russians are Putin - that is not right. She said hardliners in the West and in Russia would be happy to see Russia closing itself off from the world.
Persons: Evgenia, Duntsova, Soviet Union stoked, Vladimir Putin, Putin, chuckled, Indira Gandhi, Africa's Nelson Mandela, Alexandra Skochilenko, Andrei Pivovarov, Ilya Yashin, Vladimir Kara, Murza, Alexei Navalny, She, Guy Faulconbridge, Ed Osmond Organizations: Reuters, REUTERS, Rights, Kremlin, CIA, Justice Ministry, Prosecutors, Thomson Locations: Moscow, Russia, Ukraine, Soviet Union, Europe, Russian, RUSSIA, Putin's Russia, United States, Siberian, Krasnoyarsk, Rzhev, Tver
By Mark TrevelyanLONDON (Reuters) - The wife of jailed Russian opposition politician Vladimir Kara-Murza, who suffers from a nerve disorder after surviving two poison attacks, said on Wednesday she feared for his life after his transfer from Moscow to a Siberian penal colony. Kara-Murza, 42, has a condition called polyneuropathy that takes away the sensation in his limbs unless controlled by medicines and exercise. The fact that they've isolated him to the maximum of course makes me very concerned for his life," Evgenia Kara-Murza said. And the lady I met for the first time yesterday, she has no idea who Vladimir is," she said. He added: "I have no doubt that in the end, our vision of Russia will prevail.
Persons: Mark Trevelyan, Vladimir Kara, Murza, Evgenia Kara, Kara, Alexei Navalny, Vladimir Putin, Vladimir, wryly, Mark Heinrich Organizations: Mark Trevelyan LONDON, Britain's, Reuters, Russian, Britain's Foreign, Commonwealth, Development, Liberal International Locations: Moscow, Omsk, Ukraine, Russia
[1/2] Evgenia Kara-Murza, wife of jailed Russian opposition figure Vladimir Kara-Murza, addresses the Geneva Summit for Human Rights and Democracy in Geneva, Switzerland May 17, 2023. Kara-Murza, 42, has a condition called polyneuropathy that takes away the sensation in his limbs unless controlled by medicines and exercise. His wife Evgenia Kara-Murza said exercise was now impossible for him in a cell measuring just 3 x 1.5 metres (9.8 x 4.9 feet), furnished with only a bed and a backless stool, where he has been held since September in a maximum-security penal colony in the city of Omsk. The fact that they've isolated him to the maximum of course makes me very concerned for his life," Evgenia Kara-Murza said. "The politically motivated conviction of Vladimir Kara-Murza is deplorable.
Persons: Evgenia Kara, Murza, Vladimir Kara, Denis Balibouse, Kara, Alexei Navalny, Vladimir Putin, Vladimir, Mr Kara, wryly, Mark Trevelyan, Mark Heinrich, Gareth Jones Organizations: Geneva, Human Rights, Democracy, REUTERS, Britain's, Reuters, Russian, Britain's Foreign, Commonwealth, Development, Liberal International, Thomson Locations: Geneva, Switzerland, Moscow, Omsk, Ukraine, Russia, Britain
The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. Dutch holding company Yandex NV's planned restructuring is aimed at recouping some shareholder funds with the sale of its main revenue-generating Russian businesses, such as its search and ride-hailing operations. 'CONTROL FOR LESS'Yandex NV may sell 100% of a holding company set up in Russia's Kaliningrad region, said one of the people. A third source said this scenario would see Yandex NV make a clean break with Russia. Yandex NV shareholders could easily have been left with nothing, said one of the sources.
Persons: Evgenia, Yandex, Yandex's, Arkady Volozh, Russia's, nationalising Yandex, Darya Korsunskaya, Alexander Marrow, David Goodman, Bernadette Baum Organizations: REUTERS, Kremlin, VK, Reuters, Carlsberg, Danone, Yandex, Thomson Locations: Moscow, Russia, Ukraine, Yandex, Dubai, Russia's Kaliningrad, nationalising
Russian e-commerce firm Ozon's ADS delisted from Nasdaq
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
A woman picks up an order at the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsNov 9 (Reuters) - Russian e-commerce firm Ozon said on Thursday its American depositary shares (ADS) had been delisted from Nasdaq, bringing its near-three year association with the U.S. exchange to a close. Ozon, one of Russia's top e-commerce companies, raised nearly $1 billion in an initial public offering (IPO) in late 2020, a debut that sparked a mini-IPO boom for Russian firms. But trading in Ozon's securities on Nasdaq was suspended soon after Russia invaded Ukraine in February 2022, as were listings of Russian companies on the London Stock Exchange. "The company’s decision to proceed with the deregistration is aimed at reducing the complexity and costs of reporting following the delisting of the ADSs from Nasdaq," Ozon said in a statement.
Persons: Evgenia, Ozon, Ozon's ADSs, Alexander Marrow, Mark Potter Organizations: REUTERS, Nasdaq, London Stock Exchange, U.S . Exchange, U.S . Securities, Exchange Commission, Kazakhstan's Astana International Exchange, Thomson Locations: Moscow, Russia, Ukraine
Yandex takes step towards Russian approval for restructuring
  + stars: | 2023-10-27 | by ( ) www.reuters.com   time to read: +2 min
The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina/File photo Acquire Licensing RightsMOSCOW, Oct 27 (Reuters) - Nasdaq-listed Russian tech company Yandex (YNDX.O) said on Friday it had obtained one of the approvals needed from the Russian government for its planned restructuring, which it hopes to complete by the end of 2023. Yandex, while reporting a 33% drop in third-quarter adjusted net income, said its board remained committed to completing the restructuring and divesting all Russia-based businesses. It said class A shareholders had now given consent for the merger of certain intermediate Dutch holding companies into Yandex NV. Yandex said it planned to take a restructuring proposal to shareholders for approval by the end of 2023.
Persons: Evgenia, Yandex, Alexander Marrow, Jason Neely, Mark Potter Organizations: REUTERS, Rights, Nasdaq, Yandex, Moscow, Reuters, Yandex NV, Thomson Locations: Moscow, Russia, Ukraine, nationalising, Washington
REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsMOSCOW, Oct 23 (Reuters) - The number of Russians who say their salary does not cover basic spending has jumped by 20 percentage points in two years to almost half, a survey by recruiter Headhunter showed, as Moscow diverts record fiscal resources to funding its war in Ukraine. Asked whether their salary was enough to cover basic spending, without taking into account income from second jobs or investments, just one in five Russians surveyed said yes. That is up from 25% in 2021 and 39% in 2022, Headhunter's survey showed. Of the 45% lacking the money for basic spending, more than half said they were at least 20,000 roubles ($212) short per month. The average monthly nominal wage earned by Russians was 71,419 roubles ($756) in July, Rosstat's statistics show.
Persons: Evgenia, Headhunter, Vladimir Putin, Alexander Marrow, Gareth Jones Organizations: U.S ., Russian, REUTERS, Rights, Bank of Russia's, International Monetary Fund, Thomson Locations: Moscow, Russia, Ukraine
Tesla raises US price of Model X Plaid all-wheel drive by 5.6%
  + stars: | 2023-10-20 | by ( ) www.reuters.com   time to read: +1 min
[1/2] A Tesla Model X electric vehicle is shown in this picture illustration taken in Moscow, Russia July 23, 2020. Picture taken July 23, 2020. REUTERS/Evgenia Novozhenina/File photo Acquire Licensing RightsOct 19 (Reuters) - Tesla (TSLA.O) has increased the price of its Model X Plaid all-wheel drive to $94,990 from $89,990 in the United States, the electric vehicle maker's website showed on Thursday. Higher financing costs meant the price of the popular Model Y SUV was "almost unchanged" for consumers despite price cuts, Musk said. Earlier this month, Tesla cut prices for its Model 3 and Model Y vehicles in the U.S.
Persons: Evgenia, Elon Musk, Tesla, Musk, Chandni Shah, Sohini Goswami, Savio D'Souza Organizations: Tesla, REUTERS, Plaid, Thomson Locations: Moscow, Russia, United States, Bengaluru
A view shows the pick-up point of the Ozon online retailer in Moscow, Russia March 16, 2020. But trading in Ozon's securities on Nasdaq was suspended soon after Russia despatched troops to Ukraine in February 2022, as were listings of Russian companies on the London Stock Exchange. "We have no reason to believe that trading of Ozon's ADSs on Nasdaq will resume. This step is aimed at reducing costs associated with providing reports to the U.S. Securities and Exchange Commission's standards." Ozon said it planned to file for voluntary delisting by Oct. 30, and that the delisting would not affect its operations.
Persons: Evgenia, Ozon, Ozon's ADSs, Olga Popova, Alexander Marrow, Kevin Liffey Organizations: REUTERS, Nasdaq, London Stock Exchange, U.S . Securities, Exchange, Kazakhstan's Astana International Exchange, Thomson Locations: Moscow, Russia, Ukraine MOSCOW, Ukraine
But Russia's Accounts Chamber, which oversees budget execution, warned on Monday there were risks the Urals price would fall below $60 in 2024-2026. Russia's forecast sees economic growth of 2.3% in 2024, well above estimates of 1.1% from the International Monetary Fund and 0.5%-1.5% from the Bank of Russia. CHANGING TUNEAt Russia's flagship economic forum in St Petersburg in June, Siluanov said increasing expenditure was difficult, as budget spending had already increased by 1-1/2 times from 2019 to 2022. Now, even as the government outlines plans for spending to jump to 36.7 trillion roubles in 2024, he is more relaxed. Renaissance Capital's Donets and Melaschenko said Russia could create temporary taxes, permanently increase rates of VAT, or adjust Russia's budget rule to permit more spending of energy revenues.
Persons: Evgenia, Anton Tabakh, Vladimir Putin, Anton Siluanov, Denis Popov, Yevgeny Suvorov, Suvorov, Sofya Donets, Andrei Melaschenko, Dmitry Polevoy, Siluanov, Melaschenko, Alexei Sazanov, Sazanov, Konstantin Sonin, It's, Sumanta Sen, Mark Trevelyan, Alexander Marrow, Catherine Evans Organizations: U.S ., Russian, REUTERS, Washington, Finance, International Monetary Fund, Bank of Russia, Capital, Reuters Graphics Russia, University of Chicago, Thomson Locations: Moscow, Russia, Ukraine, West, St Petersburg
The company logo is pictured on a Tesla Model X electric vehicle in this picture illustration taken in Moscow, Russia July 23, 2020. REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing RightsOct 12 (Reuters) - Electric vehicle (EV) sales in the United States jumped to more than 300,000 for the first time in the third quarter, but industry leader Tesla's market share slipped to the lowest on record, a report by Cox Automotive showed on Thursday. "Higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market," Cox said. The price war started by Tesla has brought average EV prices down to $50,683 in September, down from $52,212 in the prior month, Cox added. Reuters GraphicsTotal EV sales for the third quarter rose nearly 50% from a year ago, and accounted for a record 7.9% of total industry sales, the report showed.
Persons: Evgenia, Tesla's, Tesla, Cox, Canalys, Zaheer Kachwala, Devika Organizations: Tesla, REUTERS, Cox Automotive, Elon, Reuters, Rivian, Thomson Locations: Moscow, Russia, United States, U.S, Bengaluru
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