OMAHA, Neb. (Reuters) - Warren Buffett's Berkshire Hathaway Inc posted a record quarterly profit on Saturday, bolstered by a significant increase in income from insurance underwriting.
Berkshire said net income fell 64%, reflecting much lower unrealized gains from its common stock holdings as the share price of Apple declined. It also repurchased $2.6 billion of its own stock.
First-quarter operating profit rose 39% to $11.22 billion, or... (continue reading...)
By Andrea Shalal and Bianca Flowers
WASHINGTON (Reuters) - A deep generational divide, anti-war protests on college campuses and a looming Chicago Democratic convention invite comparisons between today's protests against Israel’s attacks in Gaza and the movement against the Vietnam War.
The 54th anniversary of the Kent State University shooting on Saturday, marks the day when the Ohio National Guard troops sent to quell campus protests... (continue reading...)
HANOI (Reuters) - Police in Vietnam have arrested the former head of the government office, Mai Tien Dung, on suspicion of abuse of power, the Ministry of Public Security said on Saturday, amid a widening anti-graft crackdown in the Southeast Asian country.
The arrest of Dung, 65, is part of an investigation into a bribery case in the Central Highlands province of Lam Dong, the ministry said in a statement, adding that the arrest had been made on April... (continue reading...)
By Zainab Elhaj and Will Russell
STRAIT OF DOVER (Reuters) - Dozens of people in two rubber dinghies reached the southern coast of England on Saturday, the latest among thousands of asylum-seeking migrants to make the risky sea crossing from France this year.
Bobbing on the waves of the English Channel on a clear morning, the boats sailed across the narrow strip of sea separating France and Britain, with a French naval vessel following... (continue reading...)
By Ana Cantero
MADRID (Reuters) - Madrid and Buenos Aires traded barbs on Saturday after Spanish Transport Minister Oscar Puente suggested Argentina's President Javier Milei was a drug user.
Puente, during a panel discussion in Salamanca on Friday, suggested Milei had ingested "substances" during last year's election campaign.
Milei's office released a statement on Saturday condemning the remarks while also attacking Spanish... (continue reading...)
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