The Manila Times

Uber president leaves after 6 months

- AFP AFP

WASHINGTON, D.C.: Ridesharin­g giant Uber took another hit with the departure of its president, Jeff Jones, after just six months, US media

Jones’ departure comes after a - code and The Wall Street Journal Jones had voiced dissatisfa­ction

Reached by AFP, Uber would not

“It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsiste­nt with what I saw and experience­d at Uber, and I can no longer continue as president of the ridesharin­g business,” he said in a

Uber CEO Trevor Kalanick had

San Francisco-based Uber has also been rocked by disclosure­s about a culture of sexism and its covert use of

Kalanick also made a hasty exit from a business advisory panel for President Donald Trump after a consumer boycott campaign fueled by concerns that he was aiding

Uber, which is not publicly traded, is worth about $70 billion and

According to Forbes magazine, Uber’s lofty value gives Kalanick a personal net worth of

Ukraine’s finance ministry said the IMF delayed the loan disburseme­nt discussion as the economic impact of these measures needs to be tallied up, but insisted the loan disburseme­nt would get back on track soon.

“Clarifying these calculatio­ns is important for both sides to ensure the maximum effectiven­ess of the programme,” said finance minister Oleksandr Danylyuk.

“Appropriat­e consultati­ons have already begun. We plan to complete them in the shortest time possible.”

Ukraine’s national bank said in a statement that it will hold a monetary policy committee meeting on Monday to “update macroecono­mic forecasts with regard to the effect of the blockade of trade with occupied areas”.

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