Business
For years, Berkshire Hathaway’s succession plan looked like a two-track system: keep the culture stable, keep capital allocation disciplined, and make sure the “next Warren Buffett” narrative never becomes bigger than the business. In that framework, one name once sat unusually close to the top: David Sokol—the executive many insiders and shareholders quietly believed could one day take the wheel.
David Sokol was once seen as Warren Buffett’s likely successor—until the 2011 Lubrizol trade ended his Berkshire career. Now Greg Abel is CEO. Here’s what really happened, and what to watch in 2026.
David Sokol at the Berkshire Hathaway annual meeting in 2010. Daniel Acker/Bloomberg News
Politics
No one on the global stage understands deal-making quite like President Donald J. Trump. Not diplomats. Not technocrats. Not even seasoned heads of state. While others debate processes, protocols, and press optics, he focuses on one thing only: deals.
Chevron navigates complex investment risks in Venezuela as U.S. policy pushes oil majors to support energy sector revival while balancing profitability and legal uncertainties.

Business
Chevron must wrestle with a strategic conundrum: back Donald Trump’s ambition to reintegrate Venezuelan oil into global markets, while avoiding huge capital commitments that could undermine earnings and shareholder value. The situation highlights the complex interplay of geopolitics, energy policy and corporate risk management facing U.S. oil majors in 2026.
Chevron navigates complex investment risks in Venezuela as U.S. policy pushes oil majors to support energy sector revival while balancing profitability and legal uncertainties.
tanker with Venezuelan crude oil at Freeport, Texas, last week. Antranik Tavitian/Reuters

The 56th Annual Meeting of the World Economic Forum convenes record global leadership from government, business and civil society in Davos from January 19–23, 2026, under mounting geopolitical tensions and economic challenges.
Business / Politics
world-economic-forum-2026 in Davos
Strong foreign trade performance has enabled Beijing to meet its growth targets, helping to offset weak domestic demand, subdued investment activity and the growing impact of global protectionism across key export markets.
Business
China, 5% growth, economy
str/Agence France-Presse/Getty Images
Real estate
Binghatti and Mercedes-Benz unveil a landmark AED 30 billion branded city at Meydan, redefining luxury real estate and urban living in Dubai.
Dubai’s real estate market entered a new era with the launch of Mercedes-Benz Places – Binghatti City, a world’s first Mercedes-Benz branded master-planned urban district unveiled at an exclusive event in Meydan on 14 January 2026. The project represents a AED 30 billion (approx. USD 8.2 billion) investment and builds on the successful partnership between Binghatti Developers and German luxury brand Mercedes‑Benz Group
Mercedes-Benz Places – Binghatti City launch in Dubai marks the AED 30 billion branded urban district debut, combining luxury residences, retail, parks and mobility hubs in Meydan.
Mercedes-Benz Places – Binghatti City launch in Dubai marks the AED 30 billion branded urban district debut, combining luxury residences, retail, parks and mobility hubs in Meydan.
Mercedes-Benz Places – Binghatti City launch in Dubai marks the AED 30 billion branded urban district debut, combining luxury residences, retail, parks and mobility hubs in Meydan.
Pictures/Renderings from Binghatti Developments
Jamie Dimon, right, at the Capitol in September. Graeme Sloan/Bloomberg News
politics / markets & finance
JPMorgan’s chief executive warns that political pressure on the Federal Reserve could unsettle markets, exposing a growing rift between Wall Street and US economic policy.

Dubai’s property market delivers a record year, underscoring the emirate’s rise as a permanent fixture in global capital allocation.
Real estate
Dubai property market hits record transaction volume in 2025 as international investors drive growth across residential and commercial real estate.
Rhetoric from Washington intensified this week, adding fresh volatility to global markets as the Iran crisis edged closer to escalation.
World
US-Iran tensions escalate, adding uncertainty to global financial markets and oil prices amid Middle East instability.
Netflix is moving toward an all-cash bid for Warner to reduce execution risk, as Paramount intensifies its challenge and a Kushner-linked backer exits the rival offer.
Business
Netflix considers all-cash offer for Warner Bros. Discovery while Paramount and Skydance-backed rivals escalate takeover battle.
Corporate bankruptcies surge to multi-year highs, investment dries up and structural policy failures expose deep vulnerabilities in Europe’s largest economy.
Politics
German economic crisis marked by rising insolvencies, weak growth and declining investment as companies shift capital abroad amid high taxes and regulation.
After a decade of rapid growth, Europe’s real-estate crowd-investment sector faces rising defaults, eroding investor confidence and a reassessment of risk.
Markets & Finance
European real estate crowdfunding market faces rising defaults and declining investor confidence as high-yield property investments are reassessed amid economic slowdown.
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