Kremlin spokesman Dmitry Peskov said Auchan, Nestle and Lemana Pro are from unfriendly countries that assist Ukrainian forces in strikes on civilian economic facilities in Russia. He said that status was among the factors considered when their Russian assets were placed under temporary management.

RussiaNestleasset management

Berkshire Hathaway said in a statement released early Friday that Warren Buffett had stepped down as chairman, a role he had held since 1970.

Warren BuffettBerkshire Hathawaycorporate governance

Warren Buffett is stepping down as chairman of Berkshire Hathaway after holding the position for more than 50 years.

Warren BuffettBerkshire Hathawaychairman succession

Berkshire Hathaway said on Friday that Warren Buffett, its former CEO and one of the world’s most revered investors, had been named chairman emeritus with immediate effect.

Berkshire HathawayWarren Buffettcorporate governance

Warren Buffett is leaving his post as Berkshire Hathaway chairman after more than 50 years in the role. The company said Friday that the 96-year-old will immediately become chairman emeritus.

Warren BuffettBerkshire Hathawaychairman succession

Warren Buffett is stepping down as chairman of Berkshire Hathaway after more than six decades leading the company, which made him a household name among millions of investors worldwide.

Warren BuffettBerkshire Hathawayleadership change

Berkshire Hathaway said Warren Buffett will step down as chairman, with his son Howard set to replace him under a long-standing succession plan.

Warren BuffettBerkshire Hathawayleadership succession

After the rate hike, the yen weakened beyond 157 against the dollar and the 10-year Japanese government bond yield declined, while the Nikkei 225 climbed 1.5%.

Japanese stocksyengovernment bonds

The Bank of Japan raised its main interest rate from 1% to 1.25%, its highest level since 1995. It was the sixth increase since 2024, as Japan contends with a weak yen, rising prices and a shrinking workforce, while the Iran war drives up energy costs and inflation pressure.

Bank of Japaninterest ratesinflationyen

The Bank of Japan raised its target rate from 1% to 1.25%, the highest since 1995, seeking to limit inflationary pressure linked to the war in Iran. Two board members opposed the move. The yen fell about 0.7% against the dollar, helping the Nikkei rise nearly 2%.

Bank of Japaninterest ratesinflationyen

The Bank of Japan lifted interest rates to 1.25%, the highest level in 31 years, in a widely anticipated move aimed at limiting the risk that inflation would overshoot its 2% target.

Bank of Japaninterest ratesrate hikeinflation

The yen fell against major currencies in Asian trading on Friday after the Bank of Japan delivered a widely expected rate hike that failed to stop the currency’s decline.

Bank of Japanyeninterest rates

Japan’s central bank raised its benchmark interest rate from 1.0% to 1.25% on Friday, reaching a 31-year high.

Bank of Japaninterest ratesmonetary policy

Stablecoin payments company dtcpay has closed a $25 million Series A backed by SBI Group. The funding will support expansion of its product suite and merchant network, including a revamped business portal for enterprise customers.

stablecoinspaymentsfunding

Three major central bank decisions dominate trading this week, while attention shifts to geopolitical tensions ahead of President Trump’s meeting with Xi Jinping.

central banksinterest ratesmarketsgeopolitics

Preliminary shipping data showed that four commodity vessels passed through the Strait of Hormuz in the Gulf on Thursday, down from six the previous day and below the roughly 16-vessel 10-day average.

Strait of HormuzshippingGulf

Donald Trump’s naval campaign is deepening Tehran’s reliance on trade routes through land neighbours such as Turkey, as Iran turns from ships to trucks to evade the US blockade.

IranUS blockadeTurkeytrade