Warren Buffett formally stepped down as chief executive officer of Berkshire Hathaway on the final day of 2025, ending a 60-year tenure that reshaped American corporate history. The transition, long anticipated by investors and company insiders, marks the close of one of the most influential leadership runs in global business. At the age of 95, Buffett will remain chairman of the holding company he transformed from a struggling textile firm into a diversified conglomerate valued at more than

Iranian President Masoud Pezeshkian has said the country is effectively engaged in a full-scale conflict with the United States, Israel and Europe, describing Iran’s current diplomatic and strategic environment as increasingly complex and difficult. His remarks reflect heightened regional tensions following months of military confrontation, economic pressure and stalled diplomacy. In an

Pakistan has, for the first time, publicly acknowledged that Indian drone strikes caused damage at the strategically sensitive Nur Khan airbase in Rawalpindi during Operation Sindoor, marking a significant shift from its earlier attempts to downplay or deny the impact of the attacks. The admission came during a year-end press briefing on December 27, when Pakistan’s Deputy Prime Minister and Foreign Minister

Snowfall in Saudi Arabia is an exceptionally rare event, but what unfolded this winter across parts of the kingdom’s northern desert regions has raised global concern. Areas such as Tabuk and nearby mountainous zones witnessed temperatures plunge below normal, desert hills coated in snow, and official weather alerts issued for conditions usually associated with colder climates. While the visuals of camels walking across snow-covered sands captured global attention, the deeper message behind

Veteran singer-songwriter Barry Manilow has revealed that he has been diagnosed with lung cancer and will undergo surgery, prompting the rescheduling of his January concert dates. The announcement was made Monday through a personal statement shared on social media, in which the 82-year-old performer described the circumstances that led to the discovery of the illness and reassured fans about his prognosis. Manilow said the diagnosis followed a period of recurring bronchitis that las

Severe weather conditions continued to affect large portions of the United States over the holiday weekend, with approximately 72 million people remaining under wind alerts across the High Plains, Rocky Mountains and the Northeast. Powerful wind gusts and winter storms disrupted travel by air and road, prompting safety warnings from federal and state agencies as conditions evolved across multiple regions. The most intense winds were reported across the High Plains, where gusts reach

A small family-run restaurant in Jersey City has become a standout success story in the local dining scene, driven by determination, cultural pride, and an unlikely culinary journey. Korai Kitchen, the city’s first Bangladeshi restaurant, is operated by a mother-daughter duo whose path to national recognition began without formal training or professional kitchen experience. Chef and owner Nur-E Gulshan Rahman opened Korai Kitchen alongside her daughter, Nur-E Farhana, in February

Prime Minister Narendra Modi has been awarded the Order of Oman, the Sultanate’s highest civilian honour, by Sultan Haitham bin Tarik in recognition of his contribution to strengthening India-Oman relations. The award was presented during PM Modi’s ongoing visit to Muscat, the final stop of his three-nation tour that included Jordan and Ethiopia. This recognition adds to his record of over 28 prestigious civilian honours from nations around the world, including recent distinctions such as

A migratory seagull carrying a Chinese-made GPS tracking device was found along Karnataka’s Karwar coast, raising questions due to the location’s proximity to the strategic INS Kadamba naval base. Locals first spotted the bird near Timmakka Garden in Uttara Kannada district and alerted the marine division of the forest department. The discovery drew attention because INS Kadamba hosts key Indian Navy assets and is undergoing expansion that will make it one of the largest naval bases in th

Andhra Pradesh Chief Minister Chandrababu Naidu has been selected for the prestigious Business Reformer of the Year award by The Economic Times, earning nationwide recognition for his push to transform the state into a major investment destination. The award highlights the renewed momentum in business policy, infrastructure development and industrial expansion under his leadership. With a strong focus on investor confidence and governance reforms, Naidu has positioned Andhra Pradesh as a key

German lawmakers are widely expected to approve a defense procurement package exceeding 50 billion euros on Wednesday, marking one of the most significant military spending decisions in the country’s post-war history. The move reflects a broader shift in Germany’s security policy as the government seeks to strengthen national and allied defense capabilities following Russia’s invasion of Ukraine. Agenda documents for the Bundestag’s Budget Committee indicate that members are

Warner Bros Discovery has officially rejected Paramount Skydance’s massive $108.4 billion hostile takeover bid, stating that the proposal lacked credible financial backing and posed serious risks to shareholders. In a regulatory filing addressed to investors, the company’s board made it clear that Paramount’s offer could not match the certainty, stability, and financial strength presented by Netflix’s competing merger proposal. According to the board, Paramount repeatedly cl

The strategic rivalry between the United States and China in the semiconductor sector continued to intensify throughout 2025, with export controls remaining a central instrument in what has come to be known as the global chip war. The dispute, rooted in concerns over national security, technological leadership and economic influence, significantly affected the semiconductor industry, global supply chains and investment decisions during the year. At the start of 2025, the United States maintained restrictions on the export of advanced artificial intelligence chips and related technologies to China. These controls were designed to limit Beijing’s access to cutting-edge computing capabilities that could be applied to military and surveillance technologies. US officials defended the measures as necessary to protect national security interests, but the restrictions had immediate commercial consequences for American chipmakers with strong exposure to the Chinese market. Companies producing high-performance AI chips, including industry leaders such as Nvidia, reported revenue pressures linked to reduced access to Chinese customers. The curbs also led to higher compliance costs and uncertainty over long-term market strategies. Industry executives warned that prolonged restrictions could weaken the global competitiveness of US firms while accelerating China’s efforts to develop independent semiconductor capabilities. Policy signals shifted after Donald Trump assumed the US presidency in January. His administration moved to ease certain export controls on advanced AI chips for what were described as approved customers in China. Under the revised framework, sales of Nvidia’s H200 chip were permitted, subject to conditions that included profit-sharing arrangements with the US government. The adjustments were widely interpreted as an attempt to balance national security concerns with the commercial interests of American technology companies. China responded to the US measures by criticising what it described as discriminatory semiconductor policies and urging Washington to reverse the controls. Beijing argued that the restrictions were disrupting global supply chains and undermining fair competition in the semiconductor industry. At the same time, Chinese authorities accelerated domestic initiatives aimed at strengthening the country’s chip manufacturing ecosystem and reducing reliance on foreign suppliers. As part of its response, China imposed export controls on several rare earth elements, materials that are essential for semiconductor production and advanced electronics. China holds a dominant position in the global rare earth supply, making these measures a powerful lever in the broader technology competition. The restrictions heightened concerns among manufacturers worldwide about material availability and supply chain resilience. The prolonged US-China chip war had ripple effects across global markets. American and allied semiconductor firms experienced volatility in revenues and share prices as companies reassessed exposure to geopolitical risk. Investment patterns shifted as manufacturers sought to diversify production and sourcing to reduce dependence on any single market. Chinese technology firms increasingly turned to domestic suppliers, accelerating efforts to replace restricted foreign components with locally developed alternatives. In parallel, the United States expanded its focus on strengthening domestic semiconductor production through subsidy programmes under the CHIPS Act. The initiative supported the construction of new fabrication plants and aimed to secure long-term technological leadership by rebuilding advanced manufacturing capacity within the country. By late 2025, both Washington and Beijing took limited steps to ease tensions, agreeing to suspend certain rare earth export controls. While the move signalled a willingness to manage escalation, the underlying competition in advanced chip technologies remained unresolved. The year underscored how deeply the semiconductor rivalry has become embedded in global trade, industrial policy and national security calculations, with lasting implications for the future of the technology sector.

Hyderabad City Police Commissioner V. C. Sajjanar has issued a strong and emotional warning to people who are neglecting their elderly parents, expressing deep concern over the rising number of complaints from senior citizens. He said he is personally disturbed by the increasing cases where aged parents are suffering due to neglect, emotional abandonment, and lack of care from their own children. Sajjanar revealed that along with handling regular cases such as cheating, cybercrime,

US President Donald Trump said on Monday, December 15, that efforts to end the war between Russia and Ukraine were making unprecedented progress, describing the possibility of a peace deal as “closer than ever.” His remarks came amid a series of high-level diplomatic engagements in Europe, where Ukrainian President Volodymyr Zelensky met with key European leaders in Berlin as part of renewed international efforts to bring an end to the nearly three-year-long conflict. Speaking t

WASHINGTON — As the holiday shopping season accelerates, consumer protection officials are warning residents to remain vigilant against increasingly sophisticated gift card scams. District Attorney General Brian Schwalb issued a public consumer alert on Monday, cautioning shoppers about a growing form of retail fraud known as gift card draining, which has become more prevalent during peak gift-giving periods. According to Schwalb’s office, gift card draining differs from traditi

Russia’s mysterious shortwave radio station known as UVB-76, often referred to as the “Doomsday Radio” or “The Buzzer,” transmitted an unusually high number of cryptic messages this week, drawing renewed attention from military analysts and security observers across Europe. The rare surge in activity included three transmissions on Monday, eight more on Wednesday, and an extended broadcast combining faint music with long sequences of Morse code, an operational pattern that has not b

Coastal communities across the Bay Area are being urged to prepare for hazardous surf conditions through Friday as forecasters warn of powerful waves and persistent marine risks. According to the National Weather Service, breaking waves between 12 and 16 feet are expected along northwest- and west-facing beaches from Sonoma County down to Monterey Bay, creating an elevated threat for anyone entering or approaching the water. A Beach Hazards Statement remains active for the North Bay, San Francis

The world’s attention turns once again to Stockholm and Oslo as the Nobel Prize 2025 ceremony takes place today, December 10. This day holds special significance, marking the death anniversary of Alfred Nobel, the Swedish inventor of dynamite who dedicated most of his wealth to honouring those who make the greatest contribution to humankind. The tradition of presenting the awards on this date has continued since the very first ceremony in 1901. Nobel passed away in 1896, and in his will he

The Telangana American Telugu Association (TTA), the largest Telangana organization in the United States, has officially announced the launch of SevaDays 2025. The service programs will take place across Telangana from December 9 to 23, aiming to strengthen community development through healthcare, education support, awareness programs, and social outreach. TTA stated that the initiative reflects their long-standing connection with the homeland and their commitment towards preserving Telangan