Mon, 03 Mar 2025

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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...

Phoenix

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Unauthorized vapes surge: US sales hit $2.4 billion despite curbs
Illegal U.S. vape sales worth nearly $2.4 billion in 2024, data shows

LONDON, U.K.: Despite regulatory efforts, unauthorized disposable vapes continue to dominate a significant portion of the U.S. e-cigarette...

Timberwolves' Anthony Edwards posts 44 points in win over Suns
Timberwolves' Anthony Edwards posts 44 points in win over Suns

(Photo credit: Joe Camporeale-Imagn Images) Anthony Edwards recorded 44 points, seven assists and five rebounds to help the Minnesota...

Ja Morant on the upswing as Grizzlies prepare for Hawks
Ja Morant on the upswing as Grizzlies prepare for Hawks

(Photo credit: Petre Thomas-Imagn Images) Ja Morant is returning to the form that made him a two-time NBA All-Star and one of the...

Suns set to host Timberwolves in a matchup of underachievers
Suns set to host Timberwolves in a matchup of underachievers

(Photo credit: Brett Davis-Imagn Images) Two disappointing squads match up when the Minnesota Timberwolves visit the Phoenix Suns...

Spring training roundup: Braves shell Marcus Stroman, Yankees
Spring training roundup: Braves shell Marcus Stroman, Yankees

(Photo credit: Denis Poroy-Imagn Images) Austin Riley and Matt Olson hit back-to-back home runs off Marcus Stroman and the host Atlanta...

ACLU sues to block migrant transfers to Guantanamo
ACLU sues to block migrant transfers to Guantanamo

WASHINGTON —  A U.S. civil rights group sued Saturday to block the Trump administration from potentially transferring 10 migrants from...