Warren Buffett announces retirement from leading Berkshire Hathaway

1. Warren Buffett plans to retire at the end of 2025 as CEO. 2. Greg Abel, currently vice-chair, is set to succeed Buffett. 3. Buffett intends to retain his Berkshire shares until giving them away. 4. The company reported record annual profit, growing 27% to $47.44 billion. 5. Buffett warned about global trade risks linked to tariffs imposed by Trump.