Globe Banner News
WTO revises up world merchandise trade growth forecast after US import surge
By Globe Banner | Aug 8, 2025
A recent surge in United States imports ahead of expected tariff increases has led to a more positive outlook for global trade growth in 2025, according to an updated forecast.
World Bank approves $350 million loan for El Salvador's fiscal stability and disaster readiness
By Globe Banner | Aug 7, 2025
The World Bank has approved a US$350 million loan to support El Salvador’s efforts to improve fiscal sustainability and increase its ability to respond to natural disasters and climate change.
World Bank details new suite of services aimed at strengthening global drought resilience
By Globe Banner | Aug 7, 2025
The World Bank has outlined a comprehensive set of drought services aimed at helping countries manage and reduce the risks associated with drought.
World Bank launches $700 million project targeting disaster-prone Filipino communities
By Globe Banner | Aug 7, 2025
Approximately 18 million households in the Philippines are set to benefit from new efforts aimed at reducing vulnerability to natural disasters, following the launch of the World Bank-supported Philippines Community Resilience Project, also known...
World Bank urges Mongolia to adopt fiscal reforms amid mining-driven economic boom
By Globe Banner | Aug 7, 2025
A new report from the World Bank recommends that Mongolia use its current mining-driven economic growth to implement fiscal reforms that could support long-term stability and development.
World Bank appoints Francisca Ayodeji Akala as new country manager for Uganda
By Globe Banner | Aug 7, 2025
The World Bank has appointed Francisca Ayodeji (Ayo) Akala as the new Country Manager for Uganda, effective August 1, 2025.
World Bank approves $30 million for Serbia’s tax administration modernization
By Globe Banner | Aug 7, 2025
The World Bank has approved additional funding of EUR 27.25 million ($30 million equivalent) to support Serbia's ongoing tax administration reforms.
U.S. Mission seeks conference facilities for disaster management training in Jinja
By Globe Banner | Aug 7, 2025
The U.S. Mission in Kampala has announced a request for vendors to provide conference facility services for a Disaster Management Training event scheduled to take place in Jinja, Uganda from September 7 to 12, 2025.
David Healy appointed as incoming president of Sun Life U.S.; Dan Fishbein to retire
By Globe Banner | Aug 7, 2025
David Healy has been named the incoming President of Sun Life U.S., effective September 1, 2025.
Meta collaborates with I.N Official for first AI-driven collection at Africa Fashion Week London
By Globe Banner | Aug 7, 2025
Meta and Nigerian designer Ifeanyi Nwune’s fashion house, I.N Official, are collaborating to launch the first AI-imagined fashion collection at Africa Fashion Week London.
Volkswagen donates €150K to support Auschwitz remembrance efforts
By Globe Banner | Aug 7, 2025
The Volkswagen Group has announced a donation of 150,000 euros to support the International Auschwitz Committee (IAC) and the International Youth Meeting Center (IYMC) in Oświęcim, Poland.
Ambassador Theriot welcomes new cohort at Peace Corps swearing-in ceremony
By Globe Banner | Aug 7, 2025
Ambassador Nicole D. Theriot delivered remarks at the swearing-in ceremony for the 36th group of Peace Corps Volunteers and the fourth group of Peace Corps Response Volunteers in Guyana on August 6, 2025.
U.S. Embassy Pristina issues alert ahead of veterans’ protest in city center
By Globe Banner | Aug 7, 2025
A protest organized by the KLA War Veterans Organization is planned to take place on August 7, 2025, at 17:00 in Skanderbeg Square, located on Mother Teresa Boulevard in Pristina.
Allianz reports strong Q3 results; maintains outlook for full-year targets
By Globe Banner | Aug 7, 2025
Allianz SE has reported strong results for the third quarter of 2025, stating that it remains on track to meet its full-year targets.
U.S. issues health alert for Americans after mine spill contaminates Zambian waterways
By Globe Banner | Aug 7, 2025
The United States Embassy in Lusaka has issued a health alert following the spill at the Sino Metals Leach Mine dam in Zambia’s Copperbelt Province.
UOB posts higher operating profit but sees slight dip in net earnings for first half
By Globe Banner | Aug 7, 2025
UOB Group reported an operating profit of S$4.0 billion for the first half of 2025, a 3% increase compared to the same period last year.
U.S. supports border committee talks on Cambodia-Thailand ceasefire
By Globe Banner | Aug 7, 2025
The United States has expressed support for the General Border Committee meeting held in Kuala Lumpur, describing it as a significant development toward strengthening the ceasefire agreement between Cambodia and Thailand.
Meta partners with I.N Official to launch AI-driven fashion at Africa Fashion Week London
By Globe Banner | Aug 7, 2025
Meta and Nigerian fashion brand I.N Official have announced a partnership to debut an AI-powered fashion collection at Africa Fashion Week London on August 9.
Standard Chartered concludes second Young Entrepreneur Programme focusing on AI
By Globe Banner | Aug 7, 2025
Standard Chartered has concluded the second edition of its Young Entrepreneur Programme (YEP), aimed at the next generation of high-net-worth clients in its Priority Private segment.
NAB survey shows business conditions stabilizing with rising confidence
By Globe Banner | Aug 7, 2025
The June NAB Monthly Business Survey indicates that business conditions are stabilizing, with signs of improvement following a challenging start to the year.