Business and Finance

Why buying Berkshire was Warren Buffett’s biggest mistake

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Warren Buffett is going into his last week as CEO of Berkshire Hathaway, the vehicle he has used to generate incredible wealth for […]

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Brazil’s Bolsonaro endorses son for presidency before more surgery

Senator Flavio Bolsonaro, son of Brazil’s former President Jair Bolsonaro, attends an interview with Reuters in Brasilia, Brazil, on Dec. 19, 2025. Adriano Machado | Reuters Brazil’s former President Jair Bolsonaro endorsed his son’s 2026 presidential campaign on Thursday while out of jail for more surgery that has dogged him since a stabbing seven years

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Inside the leather trade war hitting handbags, boots and couches

Different types of leather are seen at the Rio of Mercedes cowboy boot factory, on July 31, 2025, in Mercedes, Texas. Ronaldo Schemidt | AFP | Getty Images Bootmaker Twisted X — known for its Western footwear — was thrown into chaos overnight when President Donald Trump imposed sweeping tariffs on imports in April. The

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Japan’s super-long bonds rise after news on issuance cut

Super-long bond yields hit record highs in recent sessions over concerns about the size of Prime Minister Sanae Takaichi’s debt-funded stimulus. Connect Images Pink | Connect Images | Getty Images Japan’s super-long government bonds rose on Thursday, supported by a Reuters report about the possible reduction of issuance of super-long-dated bonds next fiscal year. The

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Arkansas ticket scoops $1.8 billion in Christmas Powerball jackpot

Powerball and Mega Millions numbers are displayed at a newsstand on December 23, 2025 in New York City. Angela Weiss | Afp | Getty Images A ticket sold in Arkansas scored a $1.8 billion Powerball jackpot after Wednesday night’s draw — one of the richest lottery prizes in U.S. history, landing just in time for Christmas.

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China social media thrashes one-child policy after population control czar dies

A woman cycles pass a billboard encouraging couples to have only one child, along a road leading to a village in the suburb of Beijing, 25 March 2001. Goh Chai Hin | Afp | Getty Images The death of a former head of China’s one-child policy has been met not by tributes but by castigation

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Christmas celebrations muted at Bondi as Australians grieve after deadly shooting

Tourists wearing Christmas hats are seen on the sand of Bondi Beach in Sydney on Dec. 25, 2025. David Gray | Afp | Getty Images Christmas celebrations were muted at Sydney’s famed Bondi Beach on Thursday in the aftermath of a terror attack that killed 15 people there more than a week ago, as the

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Taiwan’s Foxtron launches Bria EV model, eyes overseas markets

Branding on a Foxconn Technology Co. Foxtron Model C electric vehicle on display during Hon Hai Tech Day conference in Taipei, Taiwan, on Friday, Nov. 21, 2025. Bloomberg | Bloomberg | Getty Images Taiwan’s Foxtron Vehicle Technologies, a joint venture between Foxconn and Yulon Motor, launched an electric vehicle model called Bria on Thursday. Versions of

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Ilham Kadri’s ‘third exit’ out of poverty

Syensqo CEO Ilham Kadri shares how her humble beginnings in Casablanca and a passion for science shaped her journey to the C-suite. She reflects on the tough choices behind a global career, why embracing discomfort fuels transformation and how she navigates leadership’s loneliest moments. Raised in a humble home in Casablanca, Morocco, without running water or

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