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☆ Russia's war on Ukraine latest news: Putin backs evacuation of civilians from occupied region
  + stars: | 2022-11-03 | by ( ) www.reuters.com   time to read: +3 min
Nov 4 (Reuters) - Russian President Vladimir Putin publicly endorsed the evacuation of civilians from parts of Ukraine's southern Kherson region on Friday, the latest sign of Russia's retreat in one of the most bitterly contested areas in Ukraine. FIGHTING, SECURITY* The Russian-installed deputy governor of Ukraine's Kherson region said a 24 hour curfew had been imposed in Kherson city, amid what he said was a likely Ukrainian offensive against the city. * Russian President Vladimir Putin said earlier that civilians in the Kherson region should be evacuated from the conflict zone, the Kremlin chief's first acknowledgement of a deteriorating situation in a region he claims to have annexed. * Putin said Russia had mobilised 318,000 people into its armed forces, Interfax news agency reported. * Germany will install better air defence protection over Defence Ministry office buildings in response to a series of suspect drone overflights, Der Spiegel reported.
☆ Prosus to sell Russian classifieds business Avito to Kismet for $2.4B
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: +2 min
AMSTERDAM, Oct 14 (Reuters) - Prosus (PRX.AS), the Dutch-based technology investor, said on Friday it has agreed to sell its Russian online marketplace Avito for 151 billion roubles ($2.46 billion), to Kismet Capital Group. The buyer, Russian investment firm Kismet, was founded by Ivan Tavrin, former CEO of telecoms company MegaFon. Several Western companies opting to exit the Russian market have taken significant financial losses in doing so. "Our goal has been to manage the sale of the business in a responsible and structured way," Naspers said in a statement. "We believe that this is best achieved through this deal.”Avito, Russia's largest online marketplace, has around 5,000 employees and 90 million users.
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