Globe Banner Reports News
World Bank Online: Low-Income Country Debt Rises to Record $860 Billion in 2020
By 'Online Media Briefing Center' via News GlobeBanner | Oct 11, 2021
Debt reduction, restructuring, and transparency needed to help low- income countries overcome debt challenges
Samsung announces technology to make devices faster, more efficient
By David Beasley | Oct 11, 2021
Samsung Electronics is entering a new dimension in semiconductor chip technology.
BioCina finalizes acquisition of Pfizer affiliate facility: 'We are now in full flight'
By Trina Thomas | Oct 11, 2021
BioCina has completed the acquisition of an Adelaide, Australia, manufacturing facility from Hospira Adelaide Pty Ltd, an affiliate of Pfizer.
Cryptos slide as China announces new wave of crackdowns
By Caleb Lombardo | Oct 11, 2021
The price of Bitcoin and Ether recently tumbled as much as 5% after the People's Bank of China declared that all crypto-related activities are prohibited. This includes all services that offer trading, derivatives, or order matching for virtual currencies.
IMF: 'Climate change poses an existential threat' to Asian countries
By Bree Gonzales | Oct 11, 2021
The International Monetary Fund hosted a virtual conference to discuss Asian countries’ challenges in implementing climate-friendly policies.
Udemy releases learning skills index, highlighting the most in-demand skills
By Emily Bevard | Oct 10, 2021
Udemy, an online learning and teaching marketplace, released its September 2021 Workplace Learning Skills Index this week, identifying the most in-demand skills in the workplace.
International Air Transport Association says 'the path to recovery is coming into view'
By James Niedzinski | Oct 10, 2021
An industry trade group anticipates the global airline market will lose about $12 billion next year, or down 78% compared to 2021 profits, as it recovers from the COVID-19 pandemic.
Skyservice offers private aircraft sustainable fuel to reduce 'CO2 emissions' in Canada
By David Beasley | Oct 9, 2021
Skyservice Business Aviation is offering sustainable fuel for private aircraft clients in Canada, a news release said.
Musk: Tesla will expand ‘investment' in China’
By Kasey Schefflin-Emrich | Oct 9, 2021
Elon Musk revealed that Tesla plans to increase its presence in China.
General Motors and General Electric ally to study rare earth materials to obtain 'key materials' for electric vehicles
By James Niedzinski | Oct 9, 2021
Two generals of the industrial and automotive manufacturing industries have paired up to study the use of rare earth elements for electric vehicles and renewable energy equipment.
OTTera China expansion brings OTT video to ‘swath of users’
By Emily Bevard | Oct 9, 2021
OTTera has expanded its reach to China, citing ample user, advertising and media publishing opportunities to serve the international market.
Trade official Tai plans to enforce trade agreement with China 'to defend the interests of America'
By Trina Thomas | Oct 9, 2021
U.S. Trade Representative Ambassador Katherine Tai recently outlined how the Biden administration will handle China trade strategy during a speech to the Center for Strategic and International Studies.
World Bank's Malpass: 'By working together, we will build a better development path'
By Bree Gonzales | Oct 9, 2021
David Malpass, World Bank Group president, gave a speech from Khartoum, Sudan, whose theme was Development in a Time of Upheaval.
'This is an incredibly exciting time for WatchBox;' company on track to surpass $300 million in revenue for 2021
By Andy Nghiem | Oct 9, 2021
WatchBox recently announced that it will reach $300 million in net revenue for 2021
IMF explains potential risks to international inflation recovery
By Andy Nghiem | Oct 9, 2021
The International Monetary Fund (IMF) recently released a report detailing the risks of global inflation and called current inflation scares "uncharted territory.
IMF Executive Board recommends continued diligence and added reforms for Belgium's economy
By Bree Gonzales | Oct 9, 2021
Commendations on its pandemic response and its employment measures were two positive takeaways from the conclusion of the Article IV consultation with Belgium. Further efforts in some areas have been recommended by the International Monetary Fund’s Executive Board.
Dairy.com acquires India-based Mr.Milkman
By Andy Nghiem | Oct 9, 2021
American dairy company Dairy.com recently announced that it will expand its development and delivery platform and triple the size of its staff with its new acquisition of Mr.Milkman.
WTO forecasts rise in global trade
By Art Benavidez | Oct 8, 2021
Worldwide trade has recovered faster than anticipated in 2021 with the World Trade Organization (WTO) forecasting global trade to rise 10.8% in 2021, a 2.8% increase from the 8% forecast in March of this year and 4.7% growth by 2022.
Social media platform Fanbase goes global
By David Beasley | Oct 8, 2021
Atlanta-based Fanbase has gone global.
Real estate broker Corcoran Group expands to the Bahamas
By David Beasley | Oct 8, 2021
New York-based real estate brokerage Corcoran Group, LLC is expanding to the Bahamas.