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United Kingdom

Nadezhda Tsydenova

Russia's Sberbank, Mail.Ru to invest $1 billion in online food, taxi venture

19 Nov 2019

MOSCOW Russian internet company Mail.Ru and state lender Sberbank have finalised the terms of a joint food and taxi platform and plan to invest 64.6 billion rubles ($1 billion) in the business, Mail.Ru said on Tuesday.

Siberian taxi firm bringing fare-haggling to Moscow plans expansion

15 Nov 2019

MOSCOW A Siberian ride-hailing firm that allows customers to haggle over their fares is investing to beef up its presence in Moscow, a market dominated by New York-listed internet giant Yandex and Uber , its founder said.

Russia's Sberbank to buy stake in Mail.ru to expand in digital economy

29 Oct 2019

MOSCOW Sberbank has agreed to buy Gazprombank's holding stake in internet company Mail.ru as Russia's largest lender continues its transformation under Chief Executive German Gref into a banking-to-online services company.

Russian telecoms firms want government compensation for data storage law costs

29 Oct 2019

MOSCOW Russia's leading telecoms operators have asked the government to subsidize their purchases of equipment they need to comply with a new data storage law, a letter seen by Reuters showed.

Russian internet group Yandex lifts 2019 revenue forecast, but shares fall

25 Oct 2019

MOSCOW Russian internet group Yandex raised its 2019 revenue forecast for a third time on Friday after strong third-quarter growth, but its shares fell after an earnings call provided little clarity on its response to a draft foreign ownership law.

Russian internet group Yandex lifts 2019 revenue forecast, but shares fall

25 Oct 2019

* CEO Arkady Volozh remains "extremely committed" to Yandex (Adds detail)

Russia and China to sign treaty on combating illegal online content

08 Oct 2019

MOSCOW Russia and China will sign a cooperation treaty aimed at combating illegal content on the Internet this month, Russia's state communications watchdog said on Tuesday, an example of deepening cooperation between the powers.

UPDATE 1-Russia and China to sign treaty on combating illegal online content

08 Oct 2019

MOSCOW, Oct 8 Russia and China will sign a cooperation treaty aimed at combating illegal content on the Internet this month, Russia's state communications watchdog said on Tuesday, an example of deepening cooperation between the powers.

Russia's Yandex launches video service aimed at rivaling YouTube

27 Sep 2019

Russian internet giant Yandex is launching a video streaming service aimed at rivaling Google's YouTube that will allow users to publish videos on its personal recommendation platform Yandex Zen, the company said on Friday.

Huawei in talks to install Russian operating system on tablets for country's population census: sources

26 Aug 2019

MOSCOW China's Huawei has begun talks with Russia about installing Russian operating system (OS) Aurora on 360,000 of its tablets to conduct Russia's population census next year, two sources told Reuters.

World News

Prince Andrew halts public duties over sex scandal

Britain's Prince Andrew stepped down from public duties on Wednesday, saying the controversy surrounding his "ill-judged" association with late U.S. financier Jeffrey Epstein had caused major disruption to the royal family's work.