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  Bloomberg The resignation of YouTube chief Susan Wojcicki after 25 years at Google is another example of an unsettling trend in Silicon Valley: High profile women are heading for the exits. Just this week, Meta Platforms Inc Chief Business Officer Marne Levine stepped down after 12 years at the social media juggernaut. Last year, Sheryl Sandberg left her role ...

Bloomberg Twitter Inc has shut two of its three India offices and told its staff to work from home, underscoring Elon Musk’s mission to slash costs and get the struggling social media service in the black. Twitter, which fired more than 90% of its roughly 200-plus staff in India late last year, closed its offices in the political centre New ...

  Bloomberg AutoNation Inc, one of the biggest car dealership chains in the US, expects prices for new and used cars to decline this year as manufacturers crank up volumes and offer more incentives to price-sensitive buyers. The company said that fourth-quarter earnings rose to $6.37 a share, a record for the period and easily beating the $5.82 average forecast ...

  Bloomberg DoorDash Inc shares jumped after an optimistic earnings report that showed resilient demand for pricey takeout even amid a cost-of-living squeeze. The company also said its president would be stepping down as part of a slate of executive changes. DoorDash is anticipating adjusted earnings before interest, tax, depreciation and amortisation of $120 million to $170 million in the ...

Bloomberg President Joe Biden expects to speak with Xi Jinping about the Chinese balloon shot down by the US earlier this month, signalling a desire to end a dispute that has highlighted the fragility of relations between the world’s biggest economies. Biden disclosed plans for the call as part of his most extensive remarks yet about the balloon saga, which ...

  Bloomberg A British security guard who spied for Russia at the country’s Embassy in Berlin in exchange for money was sentenced to more than 13 years in prison on Friday. David Smith, 58, who collected a range of highly sensitive information from and about the embassy with the intention of supplying it to Russia, pleaded guilty to multiple breaches ...

  Abu Dhabi / WAM The net earnings of 123 listed Emirati companies reached AED191 billion in 2022, indicating their robust financial position and healthy revenue growth. According to a report by the Emirates News Agency (WAM), the net earnings of national listed companies increased by 60% or AED72 billion from January 2022 to December 2022. Out of the total ...

  Dubai / WAM DMCC has reported a 17 percent year-on-year increase in the value of diamond trade in 2022, totalling $37.4 billion combined for rough and polished diamonds, including a 42 percent rise in the polished category and a consistently strong 7 percent rise in rough. The soaring figures are further evidence of the rapid rise of Dubai as ...

  Abu Dhabi / WAM Dr Ghassan Abbas, the ambassador of Syria to the UAE, has said that the UAE’s humanitarian efforts to provide relief to those affected by the recent earthquake that struck his country have the greatest impact in alleviating the sufferings of the people. In a statement to the Emirates News Agency (WAM), Abbas said that since ...

Abu Dhabi / WAM M.A Yusuff Ali, Second Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), reaffirmed the solid relations between the UAE and India, saying, “The UAE and India share a long history of solid relations, which laid the ground for signing the Comprehensive Economic Partnership Agreement (CEPA) last year. One of the key objectives ...