OMAHA, Neb. (Reuters) - Warren Buffett on Saturday said preliminary first-quarter profit at his Berkshire Hathaway Inc fell about 12 percent, hurt by weaker performance in its railroad and insurance operations.
TEHRAN, Iran (AP) — Iranian moderates and reformists who support President Hassan Rouhani and last year's landmark nuclear deal have failed to secure a majority after parliamentary runoff elections but the bloc will retain the highest number of seats, followed by hard-liners and independents.
By Ben Makori NAIROBI (Reuters) - Kenya's president set fire to thousands of elephant tusks and rhino horns on Saturday, destroying a stockpile that would have been worth a fortune to smugglers and sending a message that trade in the animal parts must be stopped. President Uhuru Kenyatta dismissed those who argued Kenya, which staged its first such burning in 1989, should instead have sold the ivory and the tonne of rhino horn, which by some estimates would have an illegal market value of $150 million. "Kenya is making a statement that for us ivory is worthless unless it is on our elephants," he told dignitaries before setting light to the first of almost a dozen pyres.