Bloomberg Snap Inc plunged 43%, posting its biggest-ever one-day drop and dragging down social media peers, after the company cut its revenue and profit forecasts, blaming the weaker economic outlook for a sudden slowdown of its advertising business. “We continue to face rising inflation and interest rates, supply chain shortages and labour disruptions, platform policy changes, the impact of ...

  New York / WAM At a meeting of the UN General Assembly, the 193 member states of the United Nations paid tribute to the late President of the United Arab Emirates, Sheikh Khalifa bin Zayed Al Nahyan. In his opening remarks to the UN membership, António Guterres, Secretary-General of the UN, said, “At this time of mourning, let us ...

  Abu Dhabi / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed, Member of Abu Dhabi Executive Council, Chairman of Abu Dhabi Executive Office, and Chairman of the Executive Committee of the Board of Directors of Abu Dhabi National Oil Company (Adnoc), witnessed the signing of a partnership between Abu Dhabi National Oil Company (Adnoc), bp and Masdar to ...