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Business

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North Korean-backed hackers steal $1.5 billion from Dubai crypto firm
US accuses North Korean hackers of crypto theft from Dubai's Bybit

ROME, Italy: U.S. authorities have accused North Korean-backed hackers of stealing US$1.5 billion in cryptocurrency from Dubai-based...

Hong Kong promotes AI to offset 10,000 civil service job cuts
Hong Kong to slash 10,000 civil service jobs, promote AI

HONG KONG: Hong Kong is set to cut 10,000 civil service jobs and freeze public sector salaries as part of a cost-cutting initiative...

Alibaba releases AI model Wan 2.1 to the public
Alibaba makes AI model for video, image generation publicly available

BEIJING, China: Alibaba has made its video- and image-generating AI model, Wan 2.1, publicly available, marking a significant step...

German consumer sentiment drops unexpectedly in March
German consumer sentiment unexpectedly worsens in March, GfK finds

BERLIN, Germany: Consumer sentiment in Germany has taken an unexpected turn for the worse heading into March despite forecasts predicting...

G20 poverty summit struggles as key finance leaders skip meeting
No-shows, aid cuts mar G20 meet on global poverty

CAPE TOWN, South Africa: An international summit on global poverty faced setbacks this week as key finance leaders skipped the G20...

Home Depot sees sales rebound in Q4 after two-year slump
Home Depot snaps same-store sales slump in Q4 with demand improving

ATLANTA, Georgia: After two years of declining same-store sales, Home Depot finally saw a turnaround in the fourth quarter, fueled...

Latin America

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US oil tariff may force foreign producers to pay $10 billion annually
Trump's 10% oil tariff may cost foreign producers $10 billion annually

WASHINGTON, D.C.: A proposed 10 percent U.S. tariff on oil imports could deal a US$10 billion annual blow to foreign producers, particularly...

UAE Ambassador presents credentials to President of Paraguay
UAE Ambassador presents credentials to President of Paraguay

ASUNCION, 3rd March, 2025 (WAM) -- Dr. Al Saghira Wabran Alahbabi presented her credentials as Ambassador Extraordinary and Plenipotentiary...

Xinhua Photo Daily | March 3, 2025
Xinhua Photo Daily | March 3, 2025

BEIJING, March 3 (Xinhua) -- A selection of the best press photos from Xinhua. Participants compete during the 2025 Chongqing Marathon...

Laslo Djere edges Sebastian Baez to win Chile Open title
Laslo Djere edges Sebastian Baez to win Chile Open title

(Photo credit: Geoff Burke-Imagn Images) Serbia's Laslo Djere broke serve twice in the third set and finished off third-seeded Sebastian...

Inter Miami visit Dynamo, but Lionel Messi reportedly resting
Inter Miami visit Dynamo, but Lionel Messi reportedly resting

(Photo credit: Sam Navarro-Imagn Images) As happens with most MLS cities, there is fervor among the fans in Houston to see Inter...

'I'm Still Here' from Brazil wins Oscar for Best International film
'I'm Still Here' from Brazil wins Oscar for Best International film

Los Angeles [US], March 3 (ANI): Walter Salles' directorial 'I'm Still Here' bagged the Best International Feature Film Oscar on Sunday,...