WASHINGTON: The US arm of China’s largest bank said it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market. Ransomware attacks typically access vulnerable computer systems and encrypt or steal data, before sending a ransom note demanding payment in exchange for decrypting
NEW YORK: A painting of water lilies by French impressionist Claude Monet has sold for $74 million, as part of a lively fall art auction season. “Le bassin aux nympheas” topped the projected sale price of $65 million when it went under the hammer at Christie’s auction house in New
BEIJING: China’s exports fell at a faster pace than predicted in October, data showed yesterday, as the world’s second-largest economy is buffeted by faltering global demand and a sluggish domestic recovery. Beijing has sought to boost business activity in a country grappling with a major property crisis and weaker consumption
RETY (France): For decades heavy industry around Dunkirk in northern France has belched out millions of tonnes of climate-heating gases. Now the area close to the Belgium border — one of Europe’s industrial powerhouses — wants to catch its pollution before it escapes. With factories turning out steel, cement and
BERLIN: Maximilian Hermann’s weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps. Like all his colleagues, the 29-year-old project manager shifted to a four-day week at the beginning of the year and is making
MOSCOW: Russian President Vladimir Putin on Thursday signed a law revoking Russia’s ratification of the Comprehensive Nuclear Test Ban Treaty, a move strongly criticised by the United States. The 1996 treaty outlaws all nuclear explosions, including live tests of nuclear weapons, though it never came into force because some key
NEW YORK: Donald Trump Jr and Eric Trump testified on Thursday in the New York case against the family real estate business and blamed accountants for company financial statements the authorities say were fraudulent. The former president’s two eldest sons were the first members of the Trump family to testify
LONDON: The owner of X Elon Musk on Thursday predicted the future with AI would be an “age of abundance” with a “universal high income” instead of a universal basic income but warned of “humanoid robots” that might chase humans. Musk was speaking during a conversation with British Prime Minister
NEW DELHI: Schools were shut across India’s capital on Friday as a noxious grey smog engulfed the megacity and made life a misery for its 30 million inhabitants. Smoke from farmers burning crop stubble, vehicle exhaust and factory emissions combine every winter to blanket Delhi in a choking haze. The
WASHINGTON: A 58-year-old man with terminal heart disease who received the world’s second genetically-modified pig heart transplant has died nearly six weeks after the procedure, the medical centre that carried out the surgery said. Lawrence Faucette received the organ on September 20 and passed away on October 30, the University
