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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...

Delhi

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First Made-in-India semiconductor chip to be ready by 2025: Union Minister Ashwini Vaishnaw
First Made-in-India semiconductor chip to be ready by 2025: Union Minister Ashwini Vaishnaw

Bhopal (Madhya Pradesh) [India], February 26 (ANI): Union Minister of IT and Electronics Ashwini Vaishnaw said on Wednesday that the...

'PM Modi sets 2 goals: Become 3rd largest economy & fully developed nation by 2047', says Union Minister Amit Shah
'PM Modi sets 2 goals: Become 3rd largest economy & fully developed nation by 2047', says Union Minister Amit Shah

New Delhi [India], March 3 (ANI): Prime Minister Narendra Modi has set two key goals--making India the third-largest economy and a...

India's banking sector on recovery path, credit up to 11.4%, deposit up to 10.3% in Jan: Report
India's banking sector on recovery path, credit up to 11.4%, deposit up to 10.3% in Jan: Report

New Delhi [India], March 3 (ANI): After witnessing a downward trend since April 2024, credit growth in India has shown signs of recovery,...

Madan Kumar Ghildiyal, has been appointed as the next Indian Ambassador to the Democratic Republic of Timor-Leste
Madan Kumar Ghildiyal, has been appointed as the next Indian Ambassador to the Democratic Republic of Timor-Leste

Delhi [India], March 3 (ANI): In its press release, the Ministry of External Affairs stated that Madan Kumar Ghildiyal, presently the...

Gujarat: PM Modi interacts with ground staff at Gir National Park on World Wildlife Day
Gujarat: PM Modi interacts with ground staff at Gir National Park on World Wildlife Day

Gir Somnath (Gujarat) [India], March 3 (ANI): Prime Minister Narendra Modi on Monday interacted with the ground staff at the Gir National...

"Just the beginning....": Union Minister Shekhawat says CAG reports flag AAP govt's mismanagement in Delhi
"Just the beginning....": Union Minister Shekhawat says CAG reports flag AAP govt's mismanagement in Delhi

New Delhi [India], March 3 (ANI): Union Minister Gajendra Singh Shekhawat on Monday said that the Comptroller and Auditor General reports...