US President Trump says ‘not’ looking to run for third term

US President Donald Trump on Sunday said that he is not seriously considering running for a constitutionally-barred third White House term, after musing publicly over the idea. “This is not something I’m looking to do,” he told NBC News ‘Meet the Press’ moderator Kristen Welker, according to released excerpts. He added: “I’m looking to have four great years and turn it over to somebody, ideally a great Republican, a great Republican to carry it forward.” Trump also said that he does not know whether he must uphold the US Constitution. Asked…

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Chinese president to visit Russia on May 7-10: Kremlin

MOSCOW: Chinese President Xi Jinping will visit Russia on May 7-10 and join his Russian counterpart Vladimir Putin at commemorations of the Allied victory against Nazi Germany, the Kremlin said on Sunday. The visit coincides with heightened tensions between Beijing and Washington over swingeing US trade tariffs and Putin’s order for a three-day truce in Ukraine, to coincide with Russia’s World War II Victory Day on May 9. Moscow and Beijing declared a “no limits partnership” weeks before Putin announced his Ukraine offensive in February 2022, and the two countries…

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Warren Buffett: Billionaire who built empire on modesty and simple tactics

NEW YORK: Most celebrated billionaire Warren Buffett is one of the richest people in the world, but he didn’t get there by chasing luxury. Instead, he built his fortune by sticking to simple, long-term investments and living modestly. While many billionaires enjoy extravagant lifestyles, Buffett prefers a quiet life in the same house he bought in 1958 and simple meals like McDonald’s. His down-to-earth approach helped him turn a small investment firm into a $168 billion empire. Buffett studiously rejected exotic financial vehicles, as well as the brass-knuckle tactics of…

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Warren Buffett confirms exit from Berkshire Hathaway by year-end

WASHINGTON: Most celebrated billionaire investor Warren Buffett has confirmed he will step down from his role at Berkshire Hathaway by the end of the year. He has backed Greg Abel to take over as chief executive. Buffett’s success, coupled with his ability to explain his thinking in clear soundbites, has made him highly influential in the business and financial communities, earning him the nickname “The Oracle of Omaha.” Several years ago, Buffett had already indicated that the 62-year-old Abel would be his pick for successor in an interview with CNBC.…

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Zelensky snubs Putin’s ceasefire offer ahead of May 9 celebrations

KYIV: Ukrainian President Volodymyr Zelensky has turned down a three-day ceasefire proposed by Russian leader Vladimir Putin, adding that Kyiv was ready for a full ceasefire. He said the offer, timed just before Russia’s May 9 celebrations, was not a serious step towards peace but a way for Moscow to put on a show. Moscow said the truce, set to coincide with its World War II commemorations on May 9, was aimed at testing Kyiv’s “readiness” for long-term peace. It also accused Zelensky of making a “direct threat” to events…

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Six killed, dozens injured in India temple stampede

NEW DELHI: At least six people were killed and dozens others were injured in a stampede at an Indian temple in the western coastal state of Goa where hundreds of devout Hindus had assembled, police official said on Saturday. The stampede occurred on Friday night during the annual Shri Lairai Zatra festival in Shirgao village, which is popular for its events including fire-walking. “Devotees were witnessing a religious ceremony and the frenzy caused during the rituals triggered a stampede,” said VS Chadonkar, a police officer in Goa’s state capital Panjim.…

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President Donald Trump imitates pope in AI-generated image

WASHINGTON: Days after joking about being the next Catholic pontiff, US President Donald Trump has shared an AI-generated image of himself dressed as the pope on his Truth Social platform. The president is seen in what appears to be an AI-generated colour image, with his right index finger pointed toward the sky, wearing papal regalia, including white robes, a gold crucifix pendant and the mitre hat. It comes after Trump joked to reporters this week that he would like to be the next pope, just days before cardinals are due to start…

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Australians vote in Trump-influenced elections as Albanese seeks re-election

SYDNEY: Australians went to the polls on Saturday in a national election shaped by soaring living costs, climate concerns, and the divisive global impact of US President Donald Trump. Prime Minister Anthony Albanese is seeking a second term, facing off against opposition leader Peter Dutton in a contest that has been anything but ordinary. From bread-and-butter issues to foreign influence, the campaign has seen both leaders walk a political tightrope. Trump’s name and policies have stirred debate, putting pressure on candidates to defend or distance themselves. As voting began, the…

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Britain’s retailers under cyberattack as M&S and Co-op suffer major blows

LONDON: Britain’s retailers are facing serious trouble after cyberattacks hit some of the country’s biggest names, with Marks & Spencer still unable to take online orders and Co-op confirming a major data breach. M&S entered a second week unable to take online orders on Friday following a major cyberattack, as food retailer the Co-op Group said hackers had stolen customer data. Some £700 million ($930 million) has been wiped off the stock market value of M&S since the hack was revealed last week. News that the Co-op and London department…

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Trump eyes huge ‘woke’ cuts in budget blueprint

US President Donald Trump on Friday eyed massive cuts targeting “woke” and “wasteful” spending in his first budget blueprint since he returned to power, while boosting defence and border security. Republican Trump aims to cut non-defence spending by a huge $163 billion — or 22% — in 2026 as he digs in on the conservative, cost-cutting drive led by billionaire Elon Musk. Trump would also massively cut foreign aid even while stepping up defence spending to $1.01 trillion and pouring money into homeland security as part of his anti-immigration drive.…

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