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Eritrea reopens embassy in Addis Ababa in fresh sign of thaw with Ethiopia

Eritrea reopens embassy in Addis Ababa in fresh sign of thaw with EthiopiaBy Aaron Maasho ADDIS ABABA (Reuters) - Eritrea reopened its embassy in Ethiopia on Monday in further evidence of a rapid thaw between two countries that a week ago ended two decades of military stalemate over a border war in which tens of thousands died. Ethiopia's Prime Minister Abiy Ahmed and Eritrea's President Isaias Afwerki re-opened the embassy in the capital Addis Ababa in a brief ceremony, a Reuters witness said. One week ago the leaders declared their "state of war" over and Isaias spent the weekend in Ethiopia.


Read more: https://www.yahoo.com/news/ethiopia-eritreas-leaders-arrive-venue-open-eritrea-embassy-071852657.html

FANG surge leads stock market recovery, putting Netflix in spotlight

FANG surge leads stock market recovery, putting Netflix in spotlightBy Caroline Valetkevitch and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) - The FANGs have gotten their bite back, and they are helping Wall Street erase the wrenching correction that beset it in February. Facebook, Amazon.com, Netflix and Google's parent Alphabet have led the technology and consumer discretionary sectors back to record high levels in recent days. Whether they can haul the wider market over that threshold likely hinges on the rush of quarterly scorecards due soon from the four of them, starting with Netflix late on Monday.


Read more: https://www.yahoo.com/news/fang-surge-leads-stock-market-recovery-putting-netflix-111251226--finance.html

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