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Yandex, Sberbank agree to set up Yandex.Market e-commerce joint venture

2017-12-14 15:46:00| Telecompaper Headlines

(Telecompaper) Russian internet search engine Yandex has concluded an agreement with Sberbank on the launch of a joint venture based on the Yandex.Market platform. Under it Sberbank will subscribe for new shares in Yandex.Market for RUB 30 billion, valuing it at RUB 60 billion on a post-money basis, before taking into account any potential future synergies. The two partners will own equal stakes in the company, with 10 percent of the shares to be issued to an equity incentive foundation and allocated for future grants of equity awards to management and employees of Yandex.Market.

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Oil exporters agree to extend output curbs

2017-11-30 20:33:44| BBC News | Business | UK Edition

Energy ministers from Opec and non-Opec member nations agree to extend cuts until the end of 2018.

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Megafon, Rostelecom agree to jointly develop 5G

2017-11-28 14:27:00| Telecompaper Headlines

(Telecompaper) Russian mobile operator Megafon and national operator Rostelecom have signed a cooperation agreement to jointly develop a 5G network. This will reduce the cost of rolling out the next generation standard. 

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Russia and Venezuela agree debt deal

2017-11-16 00:46:23| BBC News | Business | UK Edition

Russia said it had agreed to minimal repayments over six years on more than $3bn in debts.

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Davis, Fowler, Juline Agree To Stand For Re-Election To MANA Board

2017-11-07 00:20:08| MANAonline.org

MANA’s Board of Directors is pleased to announce that current MANA Board members John Davis, Stephen Fowler, and Ed Juline have agreed to stand for a re-election to a second two year term on MANA’s Board. Pictured above are: John

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