Head of Russia's Yandex resigns after being hit by EU sanctions
-
Apple wants to keep diversity programs disavowed by other US firms
-
Cyclone-ravaged Mayotte on high alert as new storm approaches
-
Cyclone-ravaged Mayotte on red alert for new storm
-
Scramble to shelter animals from Los Angeles wildfires
-
China's women e-sports players defy sexism for love of the game
-
Tech sector's energy transition draws attention at Vegas show
-
Five things to know about New Glenn, Blue Origin's new rocket
-
Blue Origin set for first launch of giant New Glenn rocket
-
Dutch police detain hundreds at climate protest
-
Germany battles to secure stricken 'Russian shadow fleet' oil tanker
-
Malala Yousafzai 'overwhelmed and happy' to be back in Pakistan
-
'Education apartheid': schooling in crisis in Pakistan
-
Smart glasses enter new era with sleeker designs, lower prices
-
Supreme Court looks poised to uphold TikTok ban
-
2024 hottest recorded year, crossed global warming limit
-
Germany reports foot-and-mouth disease in water buffalo
-
US hikes reward for Maduro arrest after 'illegitimate' swearing-in
-
Robots set to move beyond factory as AI advances
-
Pro-Russian disinformation makes its Bluesky debut
-
UK gas reserves 'concerningly low', warns biggest supplier
-
2024 warmest year on record for mainland US: agency
-
Meta policy reversal puts question mark on future of fact-checking
-
Meta policy reversal puts question mark on furure of fact-checking
-
Strong US jobs report sends stocks sliding, dollar rising
-
US hiring beats expectations in December to cap solid year
-
UK gas reserves 'concerningly low': Biggest supplier
-
Global stocks mostly fall before US jobs data
-
Ubisoft: the 'Assassin's Creed' maker targeted by suitors
-
Stock markets drift lower as US jobs data looms
-
Pakistan flight departs for Paris after EU ban lifted
-
Nobel laureate Malala Yousafzai to visit native Pakistan for girls' summit
-
AI comes down from the cloud as chips get smarter
-
Tajikistan bets on giant dam to solve electricity crisis
-
Uruguay bucks 2024 global warming trend
-
Last 2 years crossed 1.5C global warming limit: EU monitor
-
Japan 'poop master' gives back to nature
-
US Supreme Court to hear TikTok ban case
-
US Fed's December rate cut should be its last for now: official
-
Paris Hilton among celebrities to lose homes in LA fires
-
Airbus boosts plane deliveries in 2024
-
Ubisoft reviews restructuring options, postpones new Assassin's Creed
-
Lamborghini sets new sales record amidst hybrid push
-
Lebanon army chief Aoun becomes president after two-year vacancy
-
US emissions stagnated in 2024, challenging climate goals: study
-
Lebanon army chief short of required majority in first round of president vote
-
Global stock markets mixed tracking US rates outlook
-
Lebanon meets to finally elect president after two-year vacancy
-
Celebrities flee Los Angeles fires, lose houses as Hollywood events scrapped
-
Japan startup hopeful ahead of second moon launch
-
Ukraine allies to hold last defence meet before Trump takes office
NYSE - LSE
| RELX | -0.86% | 46.37 | $ | |
| AZN | 0.64% | 67.01 | $ | |
| NGG | -3.3% | 56.13 | $ | |
| RBGPF | 100% | 60.49 | $ | |
| GSK | -1.99% | 33.09 | $ | |
| CMSC | -0.79% | 22.92 | $ | |
| SCS | -3.01% | 10.97 | $ | |
| BCC | -1.31% | 115.88 | $ | |
| VOD | -1.99% | 8.05 | $ | |
| RIO | 0.36% | 58.84 | $ | |
| BCE | -2.92% | 22.96 | $ | |
| BTI | -2.34% | 35.9 | $ | |
| BP | 0.54% | 31.29 | $ | |
| CMSD | -0.65% | 23.25 | $ | |
| JRI | -1.16% | 12.08 | $ | |
| RYCEF | -0.42% | 7.07 | $ |
Head of Russia's Yandex resigns after being hit by EU sanctions
The head of Russia's tech giant Yandex, Tigran Khudaverdyan, has resigned after being placed on a list of European sanctions.
"Tigran Khudaverdyan has stepped down with immediate effect from his positions as Executive Director and Deputy Chief Executive Officer of Yandex," the company said in statement released Tuesday.
Yandex -- dubbed the "Russian Google" -- is registered in the Netherlands and has European, UK and US subsidiaries. But the bulk of its business is in Russia and Russian-speaking countries.
The company itself was not hit by Western sanctions, Khudaverdyan was targeted as an individual.
The EU has adopted sweeping sanctions against Moscow as punishment for President Vladimir Putin launching his military campaign in Ukraine.
Yandex said it was "shocked and surprised" that Khudaverdyan was included in a sanctions list.
"Over the past 15 years Tigran has worked tirelessly to help to transform Yandex into a world-class information technology business while serving the interests of the company's stakeholders," its statement said.
Yandex, launched in 1997, is the largest company of its kind in Russia, representing over 60 percent of the country's internet searches in the last quarter of 2021, according to the company.
The group has diversified its products in recent years and now offers a ride hailing and grocery delivery service.
L.K.Baumgartner--CPN