Marfrig Global Foods SA has announced a merger with BRF SA, creating a new entity named Grupo MBRF. The merger aims to establish a global meat giant with an annual revenue of approximately R$ 150 billion. Marcos Molina, CEO of Marfrig, has been instrumental in driving this merger, which is expected to benefit Marfrig the most. Marfrig reported a first-quarter net profit of R$ 88 million, a 40.3% increase, and its stock price is currently around 25 reais. The J&F Group has finalized its acquisition of Eldorado Celulose, ending a significant corporate dispute in Brazil. J&F paid US$ 2.64 billion in cash to Paper Excellence, marking the conclusion of a legal battle that had spanned multiple jurisdictions. This acquisition positions J&F as the largest business group in Brazil. Warren Buffett, the 94-year-old CEO of Berkshire Hathaway Inc., has announced his retirement effective January 1, 2026, after 55 years at the helm. He will remain as chairman of the board. Buffett's decision to step down comes after a period of significant cash accumulation, with Berkshire holding a record US$ 347.7 billion in cash reserves as of Q1 2025. Buffett has also exited his position in Nubank, realizing a profit of US$ 250 million. This move is part of a broader strategy where Buffett has been selling stocks for 10 consecutive quarters, building a substantial cash reserve. Additionally, Buffett has donated Berkshire shares valued at over US$60 billion at the time of donation, which are now worth approximately US$230 billion.