Berkshire Hathaway Divests Entire BYD Stake, Ending 17-Year Investment

Berkshire Hathaway Divests Entire BYD Stake, Ending 17-Year Investment

In a significant move, Warren Buffett’s Berkshire Hathaway has completely divested its stake in Chinese electric vehicle (EV) giant BYD, marking the end of a 17-year investment that began in 2008 and yielded billions in returns for the American conglomerate....
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Israel’s Airstrike Kills Al Jazeera Journalist Accused of Hamas Ties: A Contested Narrative

Israel’s Airstrike Kills Al Jazeera Journalist Accused of Hamas Ties: A Contested Narrative

In a deeply polarizing development, Israel’s military announced on Sunday that it had killed Anas Al Sharif, a prominent Al Jazeera journalist, in an airstrike on Gaza City. The Israeli Defense Forces (IDF) claimed Al Sharif was not merely a...
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Trump Announces Sweeping 100% Tariffs on Imported Chips and Semiconductors: Industry Reacts to High-Stakes Trade Shift

Trump Announces Sweeping 100% Tariffs on Imported Chips and Semiconductors: Industry Reacts to High-Stakes Trade Shift

In a bold move that could reshape global supply chains and intensify trade tensions, President Donald Trump announced on August 6 that the United States will impose a 100% tariff on imported semiconductor chips and related components. The announcement, made...
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Philippines’ Wealth Titans Surge to $86 Billion in 2025: Sy Siblings Hold Top Spot Amid Mixed Fortunes

Philippines’ Wealth Titans Surge to $86 Billion in 2025: Sy Siblings Hold Top Spot Amid Mixed Fortunes

Economic Growth Fuels Wealth Expansion The Philippines’ 50 richest individuals and families have seen their collective net worth climb to a record-breaking $86 billion in 2025, marking a 6% increase from the previous year’s $80.8 billion. This surge comes ...
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RFK Jr. Shuts Down $500 Million in Federal Funding for mRNA Vaccine Research, Sparking Fierce Backlash from Health Experts

RFK Jr. Shuts Down $500 Million in Federal Funding for mRNA Vaccine Research, Sparking Fierce Backlash from Health Experts

In a sweeping and controversial move, U.S. Health and Human Services Secretary Robert F. Kennedy Jr. has announced the cancellation of nearly $500 million in federal funding earmarked for the development of mRNA-based vaccines. The decision, which affects 22 a...
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Trump Fires Bureau of Labor Statistics Chief Over Disputed Jobs Report

Trump Fires Bureau of Labor Statistics Chief Over Disputed Jobs Report

In a dramatic move that has sent shockwaves through Washington and the economic community, President Donald Trump on Friday ordered the immediate dismissal of Dr. Erika McEntarfer, the Commissioner of the U.S. Bureau of Labor Statistics (BLS), following the re...
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JD.com’s $2.5 Billion Bid for Ceconomy: A Strategic Leap into Europe’s Electronics Retail Market

JD.com’s $2.5 Billion Bid for Ceconomy: A Strategic Leap into Europe’s Electronics Retail Market

In a bold move signaling its ambitions beyond China’s borders, JD.com, one of China’s largest e-commerce giants, has announced a €2.2 billion ($2.5 billion) cash offer to acquire Germany’s Ceconomy AG, the parent company of MediaMarkt and Saturn—two ...
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Canada Announces Plan to Recognize Palestinian State in September Amid Global Diplomatic Shifts

Canada Announces Plan to Recognize Palestinian State in September Amid Global Diplomatic Shifts

In a major policy development, Canadian Prime Minister Mark Carney has announced that Canada will recognize the State of Palestine this September, becoming the third G7 nation in recent days to declare its intent to do so. This announcement marks...
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8.8 Magnitude Earthquake Strikes Russian Far East, Triggers Tsunami Warnings in Japan and Hawaii

8.8 Magnitude Earthquake Strikes Russian Far East, Triggers Tsunami Warnings in Japan and Hawaii

A powerful 8.8-magnitude earthquake struck Russia’s Far Eastern Kamchatka Peninsula early Wednesday, triggering widespread tsunami warnings across the Pacific. The tremor, one of the strongest recorded globally in recent years, prompted emergency alerts in J...
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Trump’s EU Trade Win Overshadowed by Epstein Controversy

Trump’s EU Trade Win Overshadowed by Epstein Controversy

President Donald Trump’s recent diplomatic breakthrough—a framework trade deal with the European Union—was meant to be a defining moment in his campaign to reshape global commerce. Yet, the achievement has been clouded by renewed scrutiny over his past t...
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