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Uber CEO Travis Kalanick resigns

June 21, 2017

SAN FRANCISCO — Travis Kalanick has resigned as CEO of Uber, the ride-hailing company he helped found. Kalanick stepped down late on Monday Pacific time, after receiving a letter from some of the largest investors in the company. The letter, titled “Moving Uber Forward,” asked that [...]

Qatar Airways CEO Warns of ‘Lasting Wound’

June 20, 2017

The CEO of Qatar Airways says the blockade imposed on his country by its Gulf neighbors “will leave a lasting wound.”. PARIS (AP) — The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting wound” and that he [...]

Some Sri Lankan banks stop buying Qatar Riyal

June 6, 2017

Some Sri Lankan banks stopped buying Qatar Riyal QARLKR=R on Tuesday, saying their counterpart banks in Singapore advised them not to accept the currency a day after the Arab world’s biggest powers cut ties with Qatar. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain on Monday [...]