Ethiopia Financial News

10.08 / 09:40

UPS Citi Racing reports Ethiopian runner Tamirat Tola wins men's marathon at Paris Olympics to end Kenya dominance

men's marathon in Paris on Saturday as Eliud Kipchoge's bid for a third gold went up in smoke. Tola clocked an Olympic record of 2hr 06min 26sec for victory, finishing 21 seconds ahead of Belgium's Bashir Abdi, whose silver marked an upgrade from his bronze garnered at the Covid-hit Tokyo Games three years ago. Kenya's Benson Kipruto, winner of Tokyo, Boston and Chicago marathons in recent years, rounded out the podium, a further 13sec adrift.

07.08 / 21:34

UPS Racing performer track Paris Olympics: Avinash Sable finishes 11th in men's 3000m steeplechase final

Avinash Sable failed to keep pace with the best in the business as he finished 11th in the Paris Olympics men's 3000m steeplechase final race here on Wednesday. The 29-year-old Sable clocked 8 minutes 14.18 seconds while crossing the finish line after running in the lead briefly in the dramatic race. Sable had recently broken his own national record with a time of 8: 09.91 seconds at the Paris Diamond League. He has been training abroad for a long time in preparation for the Paris Games on funding from the government. Soufiane El Bakkali of Morocco defended his title, clocking his season's best of 8:06.05 while Kenneth Rooks (8:06.41) of USA and Abraham Kibiwot (8:06.47) of Kenya took silver and bronze respectively.

01.08 / 22:01

BLOCK Boeing Death Justice Department Courts Lawyers for families of passengers killed in 737 Max crashes ask court to block Boeing plea deal

Families of some of the people killed in Boeing Max crashes are asking a judge to reject a plea agreement that the aircraft maker struck with the prosecutors

30.07 / 23:59

markets economy Align country consequences International diving Ethiopia's currency dives by 30% as IMF-backed reforms to stabilize the economy take effect

Ethiopia’s currency has lost 30% of its value the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy

28.07 / 11:25

UPS Man Mobile Myanmar country Inside mountaineering Posing as ‘Alicia,’ this man scammed hundreds online. He was also a victim.

MAE SOT, Thailand—In late December, Guracha Belachew Bersha helped lead a small but brazen rebellion. He’d been enslaved for 16 months in a twisted new criminal empire in which Chinese gangsters traffic people from around the world, often to remote and lawless parts of Southeast Asia, and force them to sit at computers all day scamming strangers online. The cyber frauds they’re forced to commit are called pig butchering, named for the way the perpetrators fatten up their victims by gaining their trust before taking their money and cutting them loose.

22.07 / 21:02

UPS Software Browser Research Experts recommendations AI industry is influencing the world. Mozilla adviser Abeba Birhane is challenging its core values

“Scaling up” is a catchphrase in the artificial intelligence industry as tech companies rush to improve their AI systems with ever-bigger sets of internet data

13.07 / 07:01

UPS Aviat Airlines Boeing Justice Department Investigations Here's what to know about Boeing agreeing to plead guilty to fraud in 737 Max crashes

Boeing has agreed to plead guilty to fraud to settle charges stemming from the crashes of two of its 737 Max jets

13.07 / 02:31

Instagram Solana Meme Coin Gains Endorsements from Soccer Stars Ronaldinho and Lionel Messi

Soccer legends Lionel Messi and Ronaldinho Gaucho have publicly endorsed and promoted a Solana-based meme coin called WaterCoin (WATER) through their Instagram stories.

28.06 / 12:15

UPS Airlines Boeing love Justice Department A father who lost 2 sons in a Boeing Max crash waits to hear if the US will prosecute the company

Families of the 346 people who died in two crashes of Boeing 737 Max jetliners are waiting to hear if the Justice Department will prosecute the U.S. aerospace company

19.06 / 21:13

MET Airlines Boeing Justice Department Investigations Relatives of people killed in 2 Boeing Max crashes ask the US to fine the company $24.8 billion

Families of some of the people who died in two Boeing 737 Max crashes are asking the government to impose a fine of nearly $25 billion on the company

18.06 / 08:29

Manufacturing CEO Airlines Boeing Justice Department Investigations Boeing's CEO is scheduled to field questions about plane safety from U.S. senators

Boeing's CEO is getting his day in front of Congress, and lawmakers are expected to have many questions about safety at the troubled aircraft company

18.06 / 06:05

CEO Airlines Remark Boeing Justice Department Investigations Boeing CEO David Calhoun scheduled to field questions about plane safety from US senators

Boeing 737 Max jetliners plan to be in the room, watching him. CEO David Calhoun is scheduled to appear before the Senate investigations subcommittee, which is chaired by Sen. Richard Blumenthal, D-Conn., a Boeing critic. The hearing will mark the first appearance before Congress by Calhoun — or any other high-ranking Boeing official — since a panel blew out of a 737 Max during an Alaska Airlines flight in January. No one was seriously injured in the incident, but it raised fresh concerns about the company's best-selling commercial aircraft.

10.06 / 18:49

Cooper security inclusion peace International India welcomes Egypt, Iran, UAE, Saudi Arabia and Ethiopia joining BRICS

India on Monday wholeheartedly welcomed Egypt, Iran, UAE, Saudi Arabia and Ethiopia joining the BRICS as their representatives attended for the first time a key meeting of the grouping hosted by Russia. Senior diplomat Dammu Ravi led the Indian delegation at the BRICS Foreign Ministers' Meeting in Nizhny Novgorod, in western Russia.

04.06 / 10:27

Ethereum FIVE Adoption Digital Google Crypto Adoption May Sees Record Surge in Google Search Interest for ‘Onchain’ Term

In May, the term “onchain” witnessed an unprecedented surge in Google search interest, reaching an all-time high, as indicated by data from Google Trends.

21.05 / 11:52

UPS Airlines Boeing country reports Destinations Saudi Arabia's national carrier orders more than 100 new Airbus jets as it ramps up tourism push

Saudi Arabia’s national airline says that it ordered more than 100 new Airbus jets, a reflection of the kingdom’s ambitious drive to lure more tourists

20.05 / 04:52

Aviat Manufacturing CEO Boeing awards reports Investigations Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders have approved CEO David Calhoun’s $32.8 million compensation

15.05 / 20:54

FIVE Airlines Boeing Justice Department Courts Investigations Justice Department says Boeing violated deal that avoided prosecution after 737 Max crashes

The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft

15.05 / 20:53

Manufacturing Airlines Boeing Justice Department Courts Investigations The US says Boeing violated a 2021 settlement. That doesn't mean the company will face charges

The Justice Department says Boeing has violated terms of a deal that allowed the giant aircraft manufacturer to avoid prosecution for fraud in 2021

29.04 / 13:37

Provident FIVE Airlines Boeing show information Department Canada grounded Boeing MAX-8s after chance encounter led to new data: docs

Canada’s decision to ground Boeing’s 737 MAX-8 jets in 2019 came as a result of a chance European encounter that led to new data about two deadly crashes, suggest documents obtained by Global News.

27.04 / 08:57

UPS Discover Research track testing Can scientists save your morning cup of coffee?

Coffea stenophylla that he found growing wild in Sierra Leone. A cup brewed from the plant’s berries, he wrote, was even better than one brewed from Arabica. Intrigued, Dr Davis went searching.

24.04 / 19:03

Manufacturing CEO Airlines Boeing Justice reports Department Boeing posts a $355M loss, as plane maker tries to dig out from latest crisis

Boeing is reporting a $355 million loss for the first quarter

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