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Financial Markets

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Citigroup mistakenly credits $81 trillion to customer instead of $280
Citigroup mistakenly credits customer with $81 trillion in 'near miss'

NEW YORK CITY, New York: A routine banking transaction at Citigroup last April turned into a major blunder when the bank mistakenly...

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...

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...

U.S. stocks rally despite Trump doubling-down on tariffs
Dow Jones closes up 601 points Friday, Nasdaq Composite 303 points

NEW YORK, New York - U.S. stocks rallied on Friday as economic data showed the U.S. Federal Reserve has likely tamed inflation. The...

Technology

Section
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...

Update: DeepSeek's progress demonstrates inclusiveness of Chinese technology: spokesperson
Update: DeepSeek's progress demonstrates inclusiveness of Chinese technology: spokesperson

BEIJING, March 4 (Xinhua) -- The rise of Chinese tech companies like DeepSeek has shed light on the innovative and inclusive approach...

China uses DeepSeek AI for surveillance and information attacks on US
China uses DeepSeek AI for surveillance and information attacks on US

The United States may become the second country after Australia to ban China’s DeepSeek artificial intelligence on government devices....

SpaceX postpones eighth test of Starship rocket after booster issue
SpaceX postpones eighth test of Starship rocket after booster issue

Washington, DC [US], March 4 (ANI): SpaceX postponed its eighth test of the Starship rocket just before its scheduled launch on Monday....

Musk slams Zelensky for rejecting ceasefire
Musk slams Zelensky for rejecting ceasefire

The US-based billionaire has accused the Ukrainian leader of letting men die in trenches instead of seeking a peace deal ...

Cyberattack detected at Polish space agency, minister says
Cyberattack detected at Polish space agency, minister says

Warsaw —  Polish cybersecurity services have detected unauthorized access to the Polish Space Agency's (POLSA) IT infrastructure, Minister...

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Movie Review
Cry Macho