The profits of Warren Buffett 's company improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway prepares for the legendary 95-year-old investor to relinquish the CEO title in January.
Logistics platform Shadowfax filed an updated draft red herring prospectus (UDRHP) on Saturday with the Securities and Exchange Board of India (Sebi) for its proposed initial public offering to raise up to 2,000 crore.
Chinese President Xi Jinping is championing a new global body for artificial intelligence governance. He presented this initiative at the APEC leaders' meeting, aiming to foster international cooperation. This move also highlights China's growing influence in trade and technology. The proposal seeks to make AI a global public good. China will host the APEC summit in Shenzhen in 2026.
The ongoing visit to Bangladesh by Ibtisam Elahi Zahir, general secretary of Pakistan's Markazi Jamiat Ahle Hadith and a close aide of Jamaat-ud-Dawa chief Hafiz Saeed, has raised concerns about efforts to encourage radical ideas in a country, according to Bangladesh watchers.
Last month, thieves wielding power tools raided the Louvre, the world's most visited art museum, in broad daylight, taking just seven minutes to steal jewellery worth an estimated $102 million.
