Record outflow of foreign currency deposits, the new general director of Yandex and the flooding of the flagship of the Black Sea Fleet In March, the Russians took a record $ 9.8 billion in currency from banks - twice as much as during covid panic in the spring of 2020. This amount could be much larger if it were not for the restrictions introduced by the Central Bank. The flagship of the Black Sea Fleet, the Moscow missile cruiser sank after the explosion of ammunition.

Artem Savinovsky has been appointed the new CEO of Yandex in Russia, according to the company's website. He will combine this post with the position of head of media services, the report says. Savinovsky joined Yandex in 2008. He headed the direction of media services in 2016. In early April, The Bell learned that the former CEO of Yandex in Russia and the HR director of the company, Elena Bunina, had left Russia.

Citigroup has published its financials for the first quarter of 2022. The profit of one of the largest US banks fell by 46% in annual terms, while it additionally reserved almost $ 2 billion due to the economic consequences of the Russian-Ukrainian conflict. Citigroup's revenue fell to $19.2 billion (-2%) in the first quarter, while the company's net income fell to $4.3 billion ($2.02 per share) from $7.94 billion ($3.62 per share) in the same period last year year, follows from the reporting.

The Finnish company Huhtamaki, a leading manufacturer of disposable tableware and packaging, has decided to stop all operations in Russia, according to its website. Huhtamaki believes that the current developments and long-term prospects in Russia will hinder the implementation of its growth strategy and long-term ambitions in the country. The company notes that it will study the market for potential buyers and will continue its work during the transition period with the supply chain in place.

Elon Musk, who, as it became known in early April, bought a 9.2% stake in Twitter, offered to completely buy out the social network, Bloomberg writes , citing an application that the businessman filed with the US Securities and Exchange Commission. The document says that this is the "best and final" offer - it assumes that shares of the social network will be sold for $54.2 per share. According to the Financial Times, the offer provides for a 38% premium to the price as of April 1.

The Financial Times has identified several reasons for the selectivity of US sanctions against billionaires from Russia. One of them, according to the publication, is that Washington took into account the unsuccessful experience of restrictions against UC Rusal and En + in 2018 and is now cautious about sanctions that could harm the US economy. The FT points to some gaps in the US sanctions regime.

The Federal Tax Service warned Russians that they should not send letters to the tax office from American and European domains. "Acceptance of emails from sender domains whose countries of origin are the United States and the countries of the European Union is now blocked," the service said.

Oil meters will begin to reduce the purchase of Russian oil from mid -May The world's largest oil oil industry has been planning from May 15, when the EU sanctions will come into force, to reduce the procurement of oil and oil products from Russian oil companies that have come under restrictions, Reuters reports citing sources.

The cellulose-paper industry was one of the first to feel the effect of the “special operation” : foreign investors who own the largest Russian enterprises announced plans to leave the country, interruptions in the supply of critically important raw materials began, and the buyers felt the jump in the prices and shortages of office paper on the counter. The Bell studied why the crisis hit the industry with a turnover of billions of dollars so quickly and so painfully.