Section front
Latest reporting, briefings and public-interest updates from the business desk.
British housebuilder Crest Nicholson cut its completion forecast and now expects an operating loss of about £10 million for the year ending October 31, 2026, citing affordability pressure and subdued summer trading.
The Ethiopia Commodity Exchange says commodity trades reached 48.83 billion birr in the 2018 Ethiopian fiscal year, exceeding its annual target.
Uber is laying off roughly 3,300 employees, about 10% of its global workforce, as it reduces management layers and directs investment toward core and emerging businesses.
Ethiopia and the International Finance Corporation agreed to expand cooperation aimed at private-sector investment in strategic areas of the economy.
Ethiopia earned more than $4.55 billion from agricultural exports in the 2025/26 fiscal year, according to the Ministry of Agriculture.
Ethiopia and China’s Yunnan Province are exploring deeper coffee trade, investment and value-added processing as Chinese interest in Ethiopian specialty coffee grows.
A new investigation says much of Saudi Star Agricultural Development’s 14,020-hectare Ethiopian land portfolio remains idle more than 15 years after the rice project began.
Apple has named John Ternus to succeed Tim Cook as chief executive after Cook’s 15 years leading the company.
