The Oracle of Omaha has concentrated a majority of Berkshire’s invested assets in a handful of his best ideas. There’s probably not a money manager on Wall Street who garners as much attention as Berkshire Hathaway (BRK.A 0.28%) (BRK.B 0.41%) CEO Warren Buffett. The appropriately named “Oracle of Omaha” has overseen a nearly 6,000,000% aggregate

New Zealand’s prime minister will meet Xi Jinping on a formal visit to China next week, his office has confirmed, a week after an open letter signed by some of his predecessors warned against positioning New Zealand as an “adversary” of its biggest trading partner. Christopher Luxon is scheduled to travel to Shanghai and Beijing,

Russian combat drones again carried out strikes overnight into Friday on Ukrainian targets, bombing areas around Sumy and Donetsk, the Ukrainian Air Force said on Friday. Air raid alerts sounded in eastern Ukraine, authorities said. The latest action comes as Russian President Vladimir Putin said on Thursday that he plans to establish a dedicated drone

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A $35bn US semiconductor industry merger is being delayed by Beijing’s antitrust regulator, after Donald Trump tightened chip export controls against China in a move that exacerbated trade tensions between the world’s two largest economies.

US President Donald Trump US President Donald Trump took a reflective turn on Thursday, steering a conversation back in time to the days of World War II. In remarks that blended history with surprise, Trump recounted recent conversations with French President Emmanuel Macron and Russian President Vladimir Putin—both of which circled back to one of

A judge temporarily halted the Trump administration’s National Guard deployment in Los Angeles, writing Thursday that the federal government did not have the authority to nationalize California’s National Guard. U.S. District Judge Charles Breyer issued the temporary restraining order after an hourlong hearing in a San Francisco federal court. California’s attorney general challenged the deployment,

Kathmandu. The U.S. government continues to struggle with a budget deficit. The U.S. government spends more than its income every year. Despite efforts from both sides, u.S. debt reached $33.8 trillion by June 2025. Debt continues to grow. In the midst of this economic crisis, a suggestion from renowned investor Warren Buffett is again in