Globe Banner Reports News
Group reports EUR 1.4 billion net income for Q3 amid strategic plan execution
By Globe Banner | Oct 31, 2024
Revenues for the third quarter of 2024 reached EUR 6.8 billion, marking a 10.5% increase compared to the same period in 2023.
World Bank releases report on managing successful migration in Europe and Central Asia
By Globe Banner | Oct 31, 2024
The World Bank has released a report titled "The Journey Ahead: Supporting Successful Migration in Europe and Central Asia," which delves into migration trends within the region and their implications for policymaking.
Morgan Stanley supports merger between ATSG and Evolve IP
By Globe Banner | Oct 31, 2024
Investment funds managed by Morgan Stanley Private Equity Secondaries, in collaboration with RunTide Capital, have completed an equity financing to finalize the merger of ATSG and Evolve IP.
German SME business sentiment sees slight dip amid mixed sector performance
By Globe Banner | Oct 31, 2024
Business sentiment among small and medium-sized enterprises (SMEs) in Germany experienced a slight decline in October, according to the latest KfW-ifo SME Barometer.
ING reports strong financial results for third quarter of 2024
By Globe Banner | Oct 31, 2024
ING has reported a net result of €1,880 million for the third quarter of 2024.
World Bank report urges faster development to tackle climate change risks
By Globe Banner | Oct 31, 2024
1.2 billion people worldwide are currently at high risk due to climate change, according to a recent report by the World Bank Group.
Siemens sells airport logistics unit to Vanderlande
By Globe Banner | Oct 31, 2024
Siemens AG has announced its decision to sell its airport logistics business to Vanderlande.
ING announces €2.5 billion shareholder distribution plan
By Globe Banner | Oct 31, 2024
ING has announced a shareholder distribution of up to €2.5 billion.
Mauritania hosts forum on livestock management in Sahel
By Globe Banner | Oct 31, 2024
The Islamic Republic of Mauritania is set to host a significant forum on livestock and pastoralism in the Sahel and West Africa from November 6 to 8, 2024.
IMF staff reach agreement on second review of Somalia's Extended Credit Facility
By Globe Banner | Oct 31, 2024
A team from the International Monetary Fund (IMF), led by Laura Jaramillo, has completed discussions with Somali authorities regarding the 2024 Article IV consultation.
CFPB takes enforcement action against VyStar Credit Union following investigation
By Globe Banner | Oct 31, 2024
The National Credit Union Administration (NCUA) Chairman Todd M. Harper and Board Member Tanya F. Otsuka have commented on the Consumer Financial Protection Bureau's (CFPB) recent enforcement action against VyStar Credit Union.
World Bank addresses global education finance challenges amid rising debts
By Globe Banner | Oct 31, 2024
Countries worldwide are facing a significant learning crisis, with millions of children lacking fundamental literacy and numeracy skills.
World Bank approves program supporting farmers in Kerala against climate change
By Globe Banner | Oct 31, 2024
The World Bank's Board of Executive Directors has approved a new initiative aimed at supporting farmers in Kerala, India, to adapt to climate change while promoting agri-entrepreneurs.
Cirkle CEO: 'Starbucks' sales decline is a clear example of what happens when brands lose genuine engagement with their customers'
By J. D. Suayan | Oct 31, 2024
Starbucks Corp. is facing significant challenges following a recent stock downgrade that has raised concerns about the company's ability to manage ongoing legal issues and operational difficulties. This downgrade coincides with recent leadership changes and increased scrutiny from activist investors, adding uncertainty to Starbucks' short-term outlook.
KfW IPEX-Bank backs Swissport’s electrification with EUR 170 million financing
By Globe Banner | Oct 30, 2024
KfW IPEX-Bank has joined a EUR 170 million financing initiative to support Swissport International AG in its efforts to enhance its ground support equipment.
WTO members discuss recent anti-dumping action notifications
By Globe Banner | Oct 30, 2024
The World Trade Organization (WTO) members convened to review recent notifications of anti-dumping actions, discussing legislative submissions from Brazil, Cabo Verde, Solomon Islands, and the United States.
Study links German development spending to increased exports and job creation
By Globe Banner | Oct 30, 2024
Spending on development cooperation has a positive impact on prosperity and employment in Germany, according to a recent study by the University of Göttingen for KfW.
US economy grows at slower pace with Q3 GDP up by 2.8
By Globe Banner | Oct 30, 2024
Real gross domestic product (GDP) in the United States grew at an annual rate of 2.8 percent during the third quarter of 2024, according to the "advance" estimate released by the U.S. Bureau of Economic Analysis.
Siemens tech transforms Kantonsspital Baden into advanced Swiss hospital
By Globe Banner | Oct 30, 2024
Kantonsspital Baden (KSB) is set to become one of Switzerland's most advanced hospitals through the integration of Siemens IoT technology.
Project aids Dominican farmers post-Hurricane Maria recovery efforts
By Globe Banner | Oct 30, 2024
In September 2017, Hurricane Maria devastated Dominica, causing extensive damage to homes and livelihoods.