Globe Banner Reports News
Canada, Australia, UK join diplomatic boycott of Winter Olympics in Beijing
By Bob Martin | Dec 9, 2021
Following the lead of the United States, Canada, Australia and the United Kingdom have announced that they will also not be sending officials to the upcoming 2022 Winter Olympics in Beijing due to the poor human rights record of the People's Republic of China.
IMF executive board approves US$275.8 Million ECF arrangement for Niger
By Press Release | Dec 9, 2021
The Executive Board of the International Monetary Fund (IMF) approved today a three-year arrangement under the Extended Credit Facility equivalent to SDR197.4 million (about US$275.8 million or 150 percent of quota) for Niger.
ASIC initiates legal action against ANZ over Breakfree package issues
By Globe Banner | Dec 9, 2021
ANZ has confirmed that the Australian Securities and Investments Commission (ASIC) has initiated a civil penalty proceeding against it.
Gross domestic product by county, 2020
By Press Release | Dec 8, 2021
Real gross domestic product (GDP) increased in 864 counties, decreased in 2,234 counties, and was unchanged in 14 counties in 2020, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA).
ANZ launches registration for new digital banking service
By Globe Banner | Dec 8, 2021
ANZ has announced the launch of its new digital banking service, ANZ Plus, which is now open for customer registrations.
China mega-merger strengthens its position in global supply chain
By George Willis | Dec 7, 2021
China moved recently to strengthen its status as a global supply-chain leader in rare-earths metals by approving the merger of three state-owned producers into one of the largest rare-earths companies in the world, the Wall Street Journal reports.
Bureau of Economic Analysis: Goods and services deficit down in October
By Press Release | Dec 7, 2021
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, revised.
U.S. government issues diplomatic boycott on Winter Olympics, athletes will still participate
By Bob Martin | Dec 6, 2021
Press Secretary Jen Psaki announced Monday that the United States government will be officially boycotting the 2022 winter Olympics in Beijing due to allegations of crimes against humanity and genocide.
Statement by IMF Managing Director Kristalina Georgieva on the fifth “1+6” roundtable in China
By Press Release | Dec 6, 2021
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Sixth “1+6” Roundtable convened virtually by the Chinese authorities:
Stagwell brings 'creativity, digital expertise' to Singapore
By Augustus Griffith Jr. | Dec 5, 2021
Global media conglomerate Stagwell announced Nov. 18 plans to open an office in Singapore. The opening adds to the company's robust expansion across the Asia-Pacific region, as its Global Affiliate program, represents over 90 cities in 49 Asian countries.
'Thrilled about this opportunity': Donaldson Co. acquires Solaris
By George Willis | Dec 5, 2021
Solaris Biotechnology, a designer and manufacturer of bioprocessing equipment, was acquired by Donaldson Co. Inc., a leading worldwide provider of innovative filtration products and solutions, according to a Donaldson Co. release.
Sims Lifecycle Services expands to Ireland: 'close proximity to clients'
By Augustus Griffith Jr. | Dec 5, 2021
Sims Lifecycle Services, a company dedicated to providing viable circular technologies across the globe, has established a new circular center in Ireland.
'Shared vision': Citi unveils strategic agreement with Taskize
By David Hutton | Dec 5, 2021
Citi announced it has reached a strategic agreement with Taskize Ltd., in which the company’s clients can enjoy the advantages of Taskize’s query management platform.
Paycast, Mastercard, Marqeta join to create digital card; 'transforming bold ideas'
By Bob Martin | Dec 4, 2021
Paycast announced that it will be partnering with Marqeta and Mastercard to launch a digital card designed to be a fast and convenient way for marketplace sellers to do their business.
'It's a win-win.': Starbucks EMEA enters partnership with NCR
By David Hutton | Dec 4, 2021
Starbucks Europe Middle East and Africa (EMEA) has forged a partnership with NCR Corp. to manage 43 locations throughout Europe, Africa and the Middle East, ensuring its operations in those regions will continue to run smoothly.
'Eager to move forward.': Zion completes drilling phase of new well
By George Willis | Dec 4, 2021
Zion Oil & Gas Inc. is encouraged after completing the drilling phase for its Megiddo-Jezreel #2 (MJ-02) well in Israel.
'Welcome news for patients': NJ and Japanese companies achieve cancer treatment milestone
By Steven Hughes | Dec 4, 2021
The European Commission approved Keytruda and Lenvima to start anti-cancer treatment after a study showed this drug combo gave patients a better chance at overall survival than chemotherapy.
'Emerging technologies': Honeywell to open new research and testing center in Czech Republic
By David Beasley | Dec 4, 2021
Honeywell is building a new research and development testing center in the Czech Republic for its Intelligrated warehouse automation business.
Biden orders release of 50 million barrels of oil
By George Willis | Dec 3, 2021
President Joe Biden released 50 million barrels of oil from the U.S. strategic reserve to help reduce energy costs as Americans begin traveling for the holidays, according to AP News.
IMF executive board concludes 2021 Article IV consultation with Uruguay
By Press Release | Dec 3, 2021
The economy is showing strong signs of recovery with growth expected to reach 3.4 percent in 2021 and 3.2 in 2022.