Globe Banner News
Morgan Stanley invests $20 million in fintech firm NovoPayment
By Globe Banner | Nov 12, 2024
Investment funds managed by Morgan Stanley Expansion Capital have announced a $20 million investment in NovoPayment.
World Bank supports new fund addressing climate change loss
By Globe Banner | Nov 12, 2024
At the recent COP28 summit, the World Bank pledged to support the establishment of the Fund for Responding to Loss and Damage (FRLD) as a financial intermediary fund.
thyssenkrupp adopts Siemens' AI copilot for enhanced engineering processes
By Globe Banner | Nov 12, 2024
thyssenkrupp Automation Engineering has adopted the Siemens Industrial Copilot, integrating it into their operations to improve productivity and address challenges such as competitive pressure and a shortage of skilled labor.
World Bank introduces BCG+ model for sustainable development in Thailand
By Globe Banner | Nov 12, 2024
Thailand is facing significant climate change challenges, prompting the introduction of a new model to bolster its green agenda.
BlackRock and MAS collaborate on decarbonization investment opportunities in Asia
By Globe Banner | Nov 12, 2024
BlackRock and the Monetary Authority of Singapore (MAS) have announced a joint initiative to explore investment opportunities in decarbonization across Asia.
World Bank increases commitment to climate finance at COP28
By Globe Banner | Nov 12, 2024
At the recent COP28 summit, the World Bank Group announced a significant increase in its climate finance allocation.
U.S. Embassy announces 2025 Ambassadors Fund for Cultural Preservation
By Globe Banner | Nov 12, 2024
The U.S. Embassy in Amman, in collaboration with the Cultural Heritage Center within the Bureau of Educational and Cultural Affairs (ECA) of the U.S. Department of State, has announced the initiation of the U.S. Ambassadors Fund for Cultural...
World Bank supports Philippine digital transformation with $750 million loan
By Globe Banner | Nov 12, 2024
Digital transformation is crucial for the Philippines to achieve resilient and inclusive economic growth.
ANZ strengthens partnership with $100K donation to DV Safe Phone
By Globe Banner | Nov 12, 2024
ANZ has made a significant contribution to DV Safe Phone, donating $100,000 as the organization celebrates providing its 10,000th phone to victims of domestic violence.
Binance announces investment in BIO Protocol
By Globe Banner | Nov 12, 2024
Binance has announced its investment in BIO Protocol (BIO), a blockchain-based platform designed to transform the funding and commercialization of early-stage scientific research.
Hipgnosis completes $1.47 billion ABS deal backed by music royalties
By Globe Banner | Nov 11, 2024
Hipgnosis, a prominent music rights investment and management firm, has announced the completion of a $1.47 billion asset-backed securities (ABS) deal named Lyra 24-2.
Crisis-resilient loans offer relief to developing countries facing climate change
By Globe Banner | Nov 11, 2024
The impact of climate change is severe for numerous developing nations.
Fubon Senior Open starts Nov. 13; expands field for youth engagement
By Globe Banner | Nov 11, 2024
The Fubon Senior Open, a key event on the Taiwan Senior PGA Tour, is set to commence its 22nd edition at the Taiwan Golf & Country Club on November 13.
Kwenda cash transfer program aids Angolan families in fighting poverty
By Globe Banner | Nov 11, 2024
The village of Seles in Kwanza Sul, Angola, faces cold mornings and foggy weather.
Goldman Sachs acquires majority stake in Sila Services from Morgan Stanley
By Globe Banner | Nov 11, 2024
Investment funds managed by Morgan Stanley Capital Partners (MSCP) have reached an agreement to sell Sila Services to the Private Equity business at Goldman Sachs Alternatives.
Ethiopia's safety net program aids mother investing in children's future
By Globe Banner | Nov 11, 2024
Shemsi Adem faced numerous challenges following the death of her husband over 15 years ago.
Hannover Re raises profit forecast for 2024; expects EUR 2.4 billion net income in 2025
By Globe Banner | Nov 11, 2024
Hannover Re has reported a 30.4% increase in Group net income for the first nine months of 2024, reaching EUR 1.8 billion.
African leaders convene in Kigali to address learning crisis
By Globe Banner | Nov 11, 2024
Over 500 education leaders, including 28 ministers of education and representatives from 39 African countries, are gathering in Kigali, Rwanda, from November 11 to 13 for the Africa Foundational Learning Exchange (FLEX 2024).
PIK and KfW propose new financial model for carbon removals at World Climate Summit
By Globe Banner | Nov 11, 2024
The Potsdam Institute for Climate Impact Research (PIK) and KfW, a leading promotional bank, have introduced a new financing concept for carbon removals at the World Climate Summit.