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World Bank outlines progress in climate finance commitments

The World Bank has issued a statement regarding its climate finance accounting, highlighting its role as the largest provider of climate finance to developing countries.


Fisheries subsidy talks seek consensus before year-end deadline

The chair of the fisheries subsidies negotiations has been actively engaging with members to discuss the progress and future steps for reaching a consensus on the "second wave" agreement.


Blackstone acquires majority stake in Jersey Mike's Subs

Jersey Mike's Subs has announced a partnership with Blackstone, in which private equity funds managed by Blackstone will acquire a majority ownership stake in the sandwich chain.


Triple Fit Strategy emphasizes customer-centric growth with real-world examples

INSEAD has announced the release of a new book titled "Triple Fit Strategy: How to Build Lasting Customer Relationships and Boost Growth," authored by Christoph Senn, an INSEAD professor, and Mehak Gandhi, Head of Research at Valuecreator.


Consumer confidence rises slightly amid stable inflation expectations

Consumer confidence has shown a slight increase, rising by 0.1 points to reach 86.8 points last week.


ING reports progress on €2 billion share buyback initiative

ING has provided an update on its €2.0 billion share buyback programme, initially announced on October 31, 2024.


UOB partners with Shanghai Gold Exchange to boost ASEAN-China market ties

UOB has signed a Memorandum of Understanding (MOU) with the Shanghai Gold Exchange (SGE) in Shanghai.


IMF reaches agreement on sixth review of Ukraine's extended fund facility

An International Monetary Fund (IMF) team, led by Gavin Gray, engaged in discussions with Ukrainian authorities in Kyiv from November 11 to 18, 2024.


Siemens partners with UAE for energy savings in government buildings

Siemens is set to implement energy-saving technology across 60 government buildings in the United Arab Emirates, aiming for a 27% reduction in baseline energy and water consumption annually.


Bosnia's climate report urges $12B investment for resilience and net-zero targets

The recent Country Climate and Development Report (CCDR) for Bosnia and Herzegovina (BiH) outlines the country's pressing climate risks, including frequent floods, wildfires, and severe air pollution.


Sun Life partners with TWCC for job creation in Winnipeg

Sun Life and Tribal Wi-Chi-Way-Win Capital Corporation (TWCC) have announced a new partnership aimed at fostering economic growth and job creation in Winnipeg.


ANZ forecasts over $1.54B spending during Black Friday-Cyber Monday weekend

ANZ anticipates a significant increase in spending during the 2024 Black Friday and Cyber Monday sales, with projections exceeding $1.54 billion.


Korea pledges increased support to World Bank's IDA during G20 Summit

The Republic of Korea has pledged a significant increase in its contribution to the World Bank's International Development Association (IDA) during the G20 Summit in Rio de Janeiro.


IMF reviews Malta's economy amid continued strong growth

Malta has seen significant economic growth over the last ten years, according to the preliminary findings of an International Monetary Fund (IMF) mission.


Women-led MSMEs focus of joint solutions lab on intellectual property

The second session of the Joint Solutions Lab, titled "Empowering Women-led MSMEs: Unlocking Growth through Intellectual Property," took place on November 18, 2024.


Nordea completes acquisition of Danske Bank's Norwegian personal banking business

Nordea has finalized the acquisition of Danske Bank's personal customer and private banking business in Norway.


INSEAD achieves top global business school ranking in real-world research impact

INSEAD, a prominent global business school, has achieved recognition in the Financial Times Research Ranking.


IMF reviews Oman's economic progress amid reform efforts

An International Monetary Fund (IMF) staff team, led by César Serra, conducted the 2024 Article IV consultation in Muscat from October 30 to November 13.


Korea increases contribution to World Bank's International Development Association by 45

The Republic of Korea has announced a significant increase in its contribution to the World Bank’s International Development Association (IDA) during the G20 Summit in Rio de Janeiro.


FSB chair urges G20 leaders to fully implement agreed reforms

The Financial Stability Board (FSB) has released a letter from its Chair, Klaas Knot, addressed to G20 leaders ahead of their summit in Rio de Janeiro on November 18-19.