Russian Tech Giant Yandex Sees 2022 Revenues Jump Despite Sanctions

Russian tech giant Yandex announced on Wednesday that its revenues climbed 46% last year following a corporate restructuring amid unprecedented Western sanctions over Moscow’s offensive in Ukraine. Often dubbed “Russia’s Google”, Yandex is the country’s top internet company and most popular search engine. The firm also provides taxi and food delivery services. Yandex said its…

Russian Tech Giant Yandex Sees 2022 Revenues Jump Despite Sanctions

Russian tech giant Yandex announced on Wednesday that its revenues climbed 46% last year following a corporate restructuring amid unprecedented Western sanctions over Moscow’s offensive in Ukraine. Often dubbed “Russia’s Google”, Yandex is the country’s top internet company and most popular search engine. The firm also provides taxi and food delivery services. Yandex said its…

Ministry Says Seizing Russian Assets ‘Not Permissible Under Swiss Law’

Switzerland’s government announced Wednesday that confiscating private Russian assets in the country to help rebuild Ukraine would be contrary to Swiss law. Traditionally neutral Switzerland decided four days after Russia invaded a year ago to align itself with European Union sanctions against Moscow, since when it has frozen billions in Russian assets.  Faced with international…

Viagra Maker Halts Russia Deliveries

Viagra’s brand owner has suspended deliveries of the erectile dysfunction pill to Russia, the country’s Industry and Trade Ministry said Wednesday. The U.S. pharmaceutical corporation Viatris had notified Russia of the suspension as far back as early 2022 following Moscow’s initial invasion of Ukraine, the ministry told Interfax. Russia’s Industry and Trade Ministry said domestic…

Viagra Maker Halts Russia Deliveries

Viagra’s brand owner has suspended deliveries of the erectile dysfunction pill to Russia, the country’s Industry and Trade Ministry said Wednesday. The U.S. pharmaceutical corporation Viatris had notified Russia of the suspension as far back as early 2022 following Moscow’s initial invasion of Ukraine, the ministry told Interfax. Russia’s Industry and Trade Ministry said domestic…

Viagra Maker Halts Russia Deliveries

Viagra’s brand owner has suspended deliveries of the erectile dysfunction pill to Russia, the country’s Industry and Trade Ministry said Wednesday. The U.S. pharmaceutical corporation Viatris had notified Russia of the suspension as far back as early 2022 following Moscow’s initial invasion of Ukraine, the ministry told Interfax. Russia’s Industry and Trade Ministry said domestic…

Russian Publishers to ‘Retell’ Western Bestsellers After Losing Licensing

Russian publishers plan to “retell” foreign bestsellers that will not hit bookstores due to Western companies halting work with their Russian counterparts over the war in Ukraine, the Kommersant business daily reported Wednesday. Russia’s largest publisher, Eksmo-AST, will release 3,000 copies of Prince Harry’s memoir “Spare” on Thursday as a “summary, which involves the retelling of…