Russia apos;s Novaya Gazeta Cuts Ukraine War Reporting Under Censorship

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VK Group Ltd., known until October as Mail.Ru, is one of Russia's largest internet companies, known for social networking and gaming.
It has a listing on the London Stock Exchange and is registered in Cyprus, with headquarters in Moscow.

Dollar Tree traditionally sold items for one dollar but said last year that it would raise prices of most goods to $1.25 by the end of April in the wake of spiraling freight costs and other COVID-19 pandemic-driven challenges.

MOSCOW, March 4 (Reuters) - Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover.

AMSTERDAM, March 7 (Reuters) - Prosus, the Dutch technology investor, said it was writing off its stake in Moscow-headquartered online platform VK Group, which it said was valued on Prosus's books at $700 million.



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Yandex said that a suspension of trading of its Class A shares on Nasdaq of more than five trading days would give holders of those notes the right to require Yandex to redeem them at par plus accrued interest under the terms of its 0.75% convertible notes due in 2025.

Roman Abramovich has today had at least £3.2billion of UK assets frozen, preventing him carrying out a fire sale of Chelsea FC and his London homes - but the Government still aren't able to seize anything off him, experts told MailOnline today.

"The current principal amount outstanding is $1.25 billion. In the event that such redemption right was triggered, we would be required to issue a notice within five calendar days informing the holders of the notes of their redemption rights," Yandex said in a statement.

"We continue to report on the consequences that Russia is facing: the developing economic crisis, the rapid decline in living standards, problems with access to foreign medicines and technologies, and the persecution of dissidents, including for anti-war statements," it said.

Pictured above is some of the Sackler family: Dr Richard Sackler, standing second from left and Jonathan Sackler standing second from right.
Seated is Raymond and Beverly Sackler Before they were dogged by controversy, the Sacklers were one of America's most esteemed philanthropic dynasties, with a combined $13 billion fortune made in pharmaceuticals.

"Military censorship in Russia has quickly moved into a new phase: from the threat of blocking and closing publications (almost fully implemented) it has moved to the threat of criminal prosecution of both journalists and citizens who spread information about military hostilities that is different from the press releases of the Ministry of Defense," the paper said in a message to readers.



March 8 (Reuters) - Dollar Tree Inc on Tuesday reached a settlement with activist investment firm Mantle Ridge and is adding seven new directors to its board, including a former chief executive from rival discount retailer Dollar General Corp.



MOSCOW, March 4 (Reuters) - Russia's Novaya Gazeta newspaper, whose editor Dmitry Muratov was a co-winner of last year's Nobel Peace Prize, said on Friday it would remove material on Russia's military actions in Ukraine from its website because of censorship.

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Mantle Ridge, which owns 5.7% of Dollar Tree's common stock and ranks as its third-largest investor, sought to take over the entire board when it nominated 11 directors in December, arguing that the company's stock price was lagging and to push for a review of the retailer's business strategy.

Refusing to give up its editorial independence, Ekho Moskvy's board of directors voted to close the station after the prosecutor general's office demanded restrictions on access to it because of what it called false reporting on Russia's "special military operation" in Ukraine.