Russian search giant Yandex to sell part of its business to VK, close to Putin

Russian Internet search giant Yandex said on Thursday it would sell some of its news and website businesses to state-owned VK, the operator of Russia’s version of Facebook, VK. VK…

Huawei shifts focus from chasing scale to securing profits in recession: founder

Ren Zhengfei, the founder of Chinese telecoms giant Huawei Technologies, has shifted his focus from pursuing scale to securing profits and cash flow as the global economy enters a prolonged…