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Founded in 1851, Reuters is an international news agency headquartered in Canary Wharf, London, England, United Kingdom and a division of Thomson Reuters.

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Russian central bank to seek ban on investment in cryptocurrencies

The Russian central bank wants to ban investments in cryptocurrencies in Russia, seeing risks to financial stability in the rising number of crypto transactions, two financial market sources close to the bank said. Russia has argued for years against cryptocurrencies, saying they could be used in money laundering or to finance terrorism. It eventually gave …

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Russian search engine delists Navalny’s tactical voting site after ban

Russian tech firm Yandex said on Tuesday it had removed jailed Kremlin critic Alexei Navalny’s tactical voting website from its search engine to comply with a government ban ahead of a parliamentary election this month. Navalny and his allies want to use the website and a separate app, dubbed ‘Smart Voting,’ to organise a tactical …

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Auchan plans to spend more than $277 million on developing digital service in Russia

French retailer Auchan plans to spend more than 20 billion roubles ($277 million) on developing digital services in Russia by 2024 to boost online sales, the company’s country head said. Auchan has faced increased competition from fast-expanding Russian retailers and online delivery firms, including Magnit (MGNT.MM) and Lenta .  Auchan, which started to expand its online delivery …

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Tech sector drives diversification of Russian stock market

Today Russia is adding two new names from the online sector to its benchmark stock market index (‘MOEX index’) as technology firms lead a diversification drive on the stock market, long skewed towards the dominant commodities industries. In a symbolic shift away from commodities, Internet major Mail.ru Group – which is also listed on the London …

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Microsoft says Russia-linked hackers target sports organizations

Microsoft Corp said it has tracked “significant” cyberattacks coming from a group it calls “Strontium” or “Fancy Bear”, targeting anti-doping authorities and global sporting organizations. The group, also called APT28, has been linked to the Russian government, Microsoft said in a blog post.   At least 16 national and international sporting and anti-doping organizations across …

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Huawei in talks to install Russian operating system on tablets for country’s population census

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.  Huawei has been seeking alternative operating systems to Google’s Android OS after Washington put the world’s second-largest smartphone maker on a so-called Entity List that …

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Reuters: Western intelligence hacked Yandex to spy on accounts

Hackers working for Western intelligence agencies broke into Russian internet search company Yandex in late 2018, deploying a rare type of malware in an attempt to spy on user accounts, four people with knowledge of the matter told Reuters. The malware, called Regin, is known to be used by the “Five Eyes” intelligence-sharing alliance of …

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Russian digital shopping app JOOM targets France in challenge to Amazon

The e-commerce marketplace JOOM, whose mobile shopping app sells products from China at cut-rate prices directly to buyers, is recruiting French brands to bolster its merchant roster in a market it sees as key to cracking Europe and taking on Amazon.  Launched in 2016, the Russia-based company currently offers some 10 million mostly chinese-made products …

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Data leak affects thousands of wealthy Moscow residents

Thousands of wealthy Moscow residents who subscribed to a regional Internet provider have had personal data including names, home addresses and mobile numbers posted online. People affected by the data leak are all clients of Moscow-based internet provider Akado Telecom, a large telecommunications network owned by billionaire businessman Viktor Vekselberg, which said it had opened an …

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