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Adidas shares rose after Kenya’s Sebastian Sawe delivered a historic performance at the London Marathon on Sunday (26 April), becoming the first athlete to run an official marathon in under two hours.
Adidas shares were up around 2% in morning trading following Sawe’s performance, although the stock remains down over the year amid broader concerns over tariffs and global macroeconomic pressures.
The share price reaction reflects renewed investor interest in Adidas’ elite performance segment, which has been competing directly with rival Nike in the high-end “supershoe” market.
Sawe completed the race in 1:59:30, breaking the previous world record of 2:00:35 set by the late Kelvin Kiptum in Chicago in 2023. The performance immediately drew attention not only for its sporting significance but also for its commercial impact on the footwear industry.
Adidas claims the Adizero Adios Pro Evo 3 racing shoes are “supershoes” designed with ultra-light materials and carbon-plated technology.
The company said the shoe, weighing around 97 grams, delivers a reported 1.6% improvement in running economy, placing it among the most advanced racing models on the market.
“The Adidas family is incredibly proud of Sebastian and Tigist’s historic achievements,” said Patrick Nava, general manager at Adidas Running.
“This is a testament to the years of hard work and dedication they have made, alongside our innovation team.”
The performance also saw strong results from other elite athletes using the same model, with Ethiopia’s Yomif Kejelcha finishing second in his marathon debut and Tigist Assefa setting a new women-only world record.
The Adizero Adios Pro Evo 3 is set for limited release via the Adidas app, with wider availability expected during the autumn marathon season, although its $500 price tag places it beyond most recreational runners.
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
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