Month: March 2026
The Class A shares fell as much as 5.3% by early afternoon, and Class B shares, worth about 1/1,500th as much, fell about the same amount. Shares fell as much as 6.8% last May 5, after Buffett unexpectedly announced that Greg Abel would take charge starting in 2026. Buffett had led Berkshire since 1965, and remains chairman, News.Az reports, citing Reuters.
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Berkshire on Saturday said fourth-quarter operating profit, which excludes gains and losses on common stocks led by Apple (AAPL.O), opens new tab, fell 30% to $10.2 billion, including a 38% overall decline at Geico and other insurance businesses.
In his first annual letter, opens new tab to shareholders, Abel said Geico may face continued pressure to keep customers as rivals lower car insurance rates, while other insurance and reinsurance operations face pricing pressures as more capital enters their markets.
While saying Berkshire’s $373 billion cash stake did not signal a “retreat from investing,” Abel gave no indication Berkshire planned to resume stock buybacks after 1-1/2 years with none, or pay a shareholder dividend.
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According to a statement from the Turkish Communications Ministry, Erdogan told Rutte that Türkiye is “carefully monitoring the conflict in the region,” stressing that “giving diplomacy a chance is important for achieving lasting peace”, News.Az reports, citing CNN.
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Erdogan said preparations for the NATO Leaders Summit, to be held in Ankara in July, are ongoing and that “Türkiye will host the summit in a manner befitting its importance.”
Rutte said NATO will “continue to contribute to ensuring the security of its allies with a 360-degree perspective.”
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New high-resolution satellite images show heavy damage at Saudi Arabia’s Ras Tanura oil facility after Iranian drone strikes, News.Az reports, citing CNN.
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The decision was announced following a command meeting chaired by Defense Minister Dauren Kosanov at the National Defense University, News.az reports, citing Xinhua.
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The meeting also addressed strengthening practical drills, introducing unified criteria to assess unit readiness, restructuring reconnaissance units, and launching a unified rating system to ensure objective assessments of combat readiness, with added focus on personnel morale and modern support systems.
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Finnish consumers received 69.3 million e-commerce parcels in 2025, equivalent to about 15 packages per adult aged 18 and over, DCF said in a press release. The total was up 8.4 million parcels, a year-on-year increase of 13.8 percent, News.az reports, citing Xinhua.
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One of the most notable shifts last year was faster growth in domestic online purchases than in foreign orders. Domestic parcel volumes rose 22.2 percent in 2025, while parcels ordered from abroad increased 4.4 percent.
DCF said the surge in domestic volumes was likely driven by the growing popularity of circular-economy platforms and peer-to-peer marketplaces, where consumers buy and sell second-hand goods.
Finnish online retailers also expanded their international reach. In 2025, Finnish online shops shipped nearly 1.7 million parcels to customers abroad, up 20.6 percent from the previous year, which indicated that domestic online stores have succeeded in internationalization, noted DCF.
“We have long seen more and more of our online retailers investing in international growth. Now it is clearly visible in the latest parcel statistics,” Mirva Sandstrom, digital commerce director at DCF said in the release.
The Parcel Index showed that Finland’s e-commerce parcel market has continued to grow in recent years. The 2025 expansion followed a 14.4 percent increase between 2023 and 2024.
The Parcel Index was published by DCF for the first time and implemented by Swedish research institute HUI Research. The survey was commissioned by DCF and most logistics companies operating in Finland.
Published twice a year, the index aims to provide reliable information on the size and development of Finland’s online retail parcel market.
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According to a notice published on the ministry’s Facebook page, the ministry urged Croatian citizens to exercise increased caution and recommended avoiding all travel to the United Arab Emirates, Bahrain, Kuwait, Oman, Saudi Arabia, Qatar, and Israel, News.Az reports, citing CNN.
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Croatian citizens already in these countries are advised to remain in secure indoor locations, limit their movements, avoid public gatherings, and regularly follow official instructions and notifications issued by local authorities, the notice said.
Moreover, the notice advised Croatian citizens to postpone travel to Cyprus following a drone strike on the British air base at Akrotiri.
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In a call with the UAE’s Foreign Minister Abdullah bin Zayed Al Nahyan, Hussein said Iraq had “become a victim of this war” and had come under attack by “various parties involved in the conflict,” according to a government statement, News.Az reports, citing foreign media.
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Earlier in the day, Iraqi Prime Minister Mohammed Shia’ al-Sudani directed the country’s security agencies to confront “any act that harms security and stability.”
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The IRGC Navy’s floating base Makran—a converted tanker—was hit in the waters near the Bandar Abbas naval base, News.az reports, citing BBC.
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