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Why Howard Buffett, not Greg Abel, is becoming Berkshire Hathaway chairman
Warren Buffett has stepped down as chairman of Berkshire Hathaway at 96, handing the board role to his son Howard while Chief Executive Officer Greg Abel retains operational control of a $1 trillion-plus conglomerate with nearly 388,000 employees and more than $350 billion of liquidity.
FedEx-led InPost takeover clears 89.8% acceptance as €7.8bn deal nears closing
FedEx, Advent International and their partners have secured tenders covering 89.81% of InPost, comfortably clearing the 80% condition on their €7.8 billion takeover and bringing one of Europe’s largest parcel-locker networks closer to private ownership.
Berkshire enters post-Buffett era with Greg Abel as CEO and Howard as chairman
Berkshire Hathaway has completed another major stage of its succession plan, with Warren Buffett stepping down as chairman, Howard Buffett becoming non-executive chairman and Greg Abel retaining operational control as chief executive.
Disney puts Adam Smith in charge of streaming as SVOD profit tops $700m
The Walt Disney Company has promoted Adam Smith to chairman of Direct-to-Consumer, giving the former Google and YouTube executive responsibility for Disney+ and Hulu as streaming becomes increasingly profitable and central to Chief Executive Officer Josh D’Amaro’s broader reorganisation.
Can Alumasc’s 56% order-book growth reverse its FY26 margin decline?
Alumasc reported lower FY26 revenue and profit as commercial construction slowed, but the sustainable-building-products group entered FY27 with revenue up 5% and an order book 56% above the previous year.
MJ Gleeson revenue rises 12% as profit halves and dividend falls to 5p
MJ Gleeson increased revenue and home completions in FY26, but lower housing margins, delayed land sales and ÂŁ13.6 million of exceptional costs pushed the group to a statutory pre-tax loss.
Amcomri revenue jumps 40% as ÂŁ10.1m disposal resets acquisition firepower
Amcomri Group delivered 40% continuing-revenue growth in the first half while the sale of Premier Limpet sharply reduced net debt and gave the engineering group fresh capital for acquisitions.
Philip Morris lifts dividend 8.8% as smoke-free revenue reaches 42% of group sales
Philip Morris International has raised its quarterly dividend to $1.60 a share, taking the annualised payout to $6.40 as strong cash generation from IQOS, ZYN and other smoke-free products supports one of the company’s largest dividend increases in years.
Warren Buffett leaves Berkshire chair as $1.1tn group enters post-Buffett era
Warren Buffett has stepped down as chairman of Berkshire Hathaway and become chairman emeritus, completing a succession that leaves Greg Abel running operations while Howard Buffett assumes responsibility for protecting the conglomerate’s distinctive corporate culture.
Why N Chandrasekaran’s Tata Sons reappointment is about far more than succession
Tata Sons has approved another five-year term for Executive Chairman N. Chandrasekaran after he previously decided to step down in 2027, extending leadership continuity across the $185 billion Tata Group while opening a significant governance dispute with controlling shareholder Tata Trusts.