Tag: Russia

Yandex’s restructuring deal expected to be delayed to next year
Business

Yandex’s restructuring deal expected to be delayed to next year

MOSCOW: The completion of Nasdaq-listed Russian tech company Yandex's restructuring is expected to be delayed into next year, two sources familiar with the negotiations told Reuters on Monday. Dutch holding company Yandex NV has been working on a restructuring for months, as it tries to ensure some of its businesses retain access to Western markets despite sanctions against Moscow over the conflict in Ukraine. The deal was initially expected to be reached in December. Any deal ultimately requires approval from shareholders and Russia's government. Yandex declined to comment on restructuring process. The company is aiming to recoup shareholder funds through the sale of its main revenue-generating Russian businesses, such as its search and ride-hailing operations. It then plans to develop f...
Jailed Putin Foe Alexei Navalny Has Been Relocated, Team Says
World

Jailed Putin Foe Alexei Navalny Has Been Relocated, Team Says

Jailed Russian opposition figure Alexei Navalny, who had been missing for more than two weeks, has been relocated to a penal colony in the country’s far north and is doing well, his team said on Monday.Navalny, a fierce critic of President Vladimir Putin, had missed court dates and his team couldn’t find him at various penal institutions in Russia. His disappearance had prompted concern among his supporters in European capitals and in Washington.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
From Patriot Missiles to a Mother and Her Vintage Rifle: Inside Ukraine’s Air Defense
World

From Patriot Missiles to a Mother and Her Vintage Rifle: Inside Ukraine’s Air Defense

Listen to article(2 minutes)KYIV, Ukraine—This winter, Ukraine’s defense against Russian missiles and drones ranges from sophisticated, multimillion-dollar U.S. Patriot systems to Svitlana Ruda, a mother of two with a 40-year-old assault rifle.Russia has started a widely anticipated bombardment of Ukrainian infrastructure, repeating a campaign last winter that led to mass blackouts and leveled apartment blocks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Ukraine-Russia War: Ukrainian Forces Shoot Down Three Russian Fighter Jets
World

Ukraine-Russia War: Ukrainian Forces Shoot Down Three Russian Fighter Jets

Dec. 22, 2023 11:57 am ETUkraine said it shot down three Russian warplanes in one of its most-successful operations against Russian air power since the start of the war.Ukraine’s Air Force said the three Russian Su-34 fighter-bombers were downed around midday Friday in the south of the country. There Russia has used the jets to launch cruise missiles and guided bombs against Ukrainian-held cities on the western bank of the Dnipro River and Ukrainian soldiers who have established a foothold on the eastern side.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Disturbing Impact of the Cyberattack at the British Library
Entertainment

The Disturbing Impact of the Cyberattack at the British Library

At 9:54 A.M. on October 28th, an apologetic message appeared on the X account of the British Library, in London: “We are currently experiencing technical issues affecting our website. We apologise for the inconvenience and hope to resolve it as soon as possible.” It was a Saturday, which, before I had kids, used to be my favorite day at the library. “The B.L.,” as its people know it, is a magnificent, red-brick, vaguely ship-shaped structure a few hundred yards from King’s Cross station, where you can request anything from a quarto by Shakespeare to “The Art of Faking Exhibition Poultry” (1934). On Saturdays, the building is quieter and the place has a mellow, productive atmosphere. I used to stop by for a few hours to catch up on work or to waste time, snuffling around for ideas. I first...
U.S. Lawmakers Fear Delay In Ukraine Aid Has Emboldened Putin
Politics

U.S. Lawmakers Fear Delay In Ukraine Aid Has Emboldened Putin

On Sept. 30, House Republicans stripped out of a stopgap spending bill about $6 billion for arms to be sent to Ukraine in its battle against Russian invaders. In October, the White House came back with a much larger request to arm Ukraine, in addition to Israel and Taiwan, topping $100 billion overall.President Joe Biden’s proposal has been held up by Republicans. And while it’s not impossible that a deal trading stricter U.S. asylum policy, sought by the GOP, in exchange for Ukraine aid can be worked out before Christmas, full passage is unlikely after House members left town for the holidays Thursday.The chamber isn’t set to return to business until Jan. 9, meaning more aid — if it’s approved at all — will be delayed. And that delay, say some Ukraine hawks on Capitol Hill, could be almo...
Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.
Money

Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.

Updated Dec. 16, 2023 12:04 am ETLONDON—Two weeks after Russian tanks rolled into Ukraine, Russian oligarch Roman Abramovich said he would sell his soccer club Chelsea FC and donate the billions of dollars in proceeds to the victims of the war in Ukraine. At the time, it seemed an elegant solution for a billionaire under growing scrutiny in the West for his ties to Russian leader Vladimir Putin. Yet more than a year and a half later, the $3 billion donation is sitting frozen in a U.K. bank account amid a long-running dispute with the British government over how the vast sum should be spent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.
World

Roman Abramovich Sold Chelsea FC and Pledged $3 Billion for Ukraine Victims. The Money Is Frozen in the U.K.

Updated Dec. 16, 2023 12:04 am ETLONDON—Two weeks after Russian tanks rolled into Ukraine, Russian oligarch Roman Abramovich said he would sell his soccer club Chelsea FC and donate the billions of dollars in proceeds to the victims of the war in Ukraine. At the time, it seemed an elegant solution for a billionaire under growing scrutiny in the West for his ties to Russian leader Vladimir Putin. Yet more than a year and a half later, the $3 billion donation is sitting frozen in a U.K. bank account amid a long-running dispute with the British government over how the vast sum should be spent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Putin Says Russia Wants to Reach Agreement on Return of WSJ’s Evan Gershkovich
World

Putin Says Russia Wants to Reach Agreement on Return of WSJ’s Evan Gershkovich

Updated Dec. 14, 2023 1:26 pm ETRussian President Vladimir Putin said that Russia wants “to reach an agreement” on the return of Wall Street Journal reporter Evan Gershkovich, who is currently in Russian custody on an allegation of espionage that he, the Journal and the U.S. government vehemently deny.During a press conference Thursday, Putin was asked about the recent declaration by the Biden administration that the Russian government rejected a new offer aimed at freeing the American reporter, as well as former U.S. Marine and Michigan corporate-security executive Paul Whelan, who is also in Russian custody.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8