News from November 2024
Siemens partners with Enemalta for digital transformation of Maltese grid
By Globe Banner | Nov 15, 2024
Enemalta, Malta's primary energy services provider, is taking steps to modernize its national electricity distribution grid in collaboration with Siemens.
MANTRA CEO: Real estate is 'soon-to-be trillion-dirham industry on a yearly basis in Dubai'
By Globe Banner | Nov 15, 2024
John Patrick Mullin, CEO of MANTRA, said that while many assets can be tokenized, "real estate," particularly in Dubai’s extensive market, offers a significantly greater "tokenization" opportunity than smaller assets.
Chainalysis CRO: 'I think TradFi is coming to the blockchain'
By Globe Banner | Nov 14, 2024
Bas Lemmens, Chief Revenue Officer at Chainalysis, said that traditional finance is "coming to the blockchain," and he anticipates "trillions of dollars" in value will be transferred onto the blockchain.
IMF reaches agreement with Burkina Faso on credit facility review
By Globe Banner | Nov 14, 2024
The International Monetary Fund (IMF) has reached a staff-level agreement with Burkina Faso on the second review of the Extended Credit Facility (ECF) arrangement.
IMF's Georgieva addresses global economic challenges at annual research conference
By Globe Banner | Nov 14, 2024
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), delivered remarks at the 25th Jacques Polak Annual Research Conference.
IRENA-WTO report outlines trade policies for renewable hydrogen expansion
By Globe Banner | Nov 14, 2024
The latest joint report from the International Renewable Energy Agency (IRENA) and the World Trade Organization (WTO) delves into trade strategies for promoting renewable hydrogen and its derivatives.
Nordea appoints Per Långsved as new CEO of Life & Pension
By Globe Banner | Nov 14, 2024
Per Långsved, who currently serves as the Head of Personal Banking Sweden, has been appointed CEO of Nordea Life & Pension.
German venture capital investor sentiment improves but exit challenges persist
By Globe Banner | Nov 14, 2024
Sentiment among venture capital investors in Germany has shown significant improvement in the third quarter of 2024.
Sweden pledges SEK 30 million for safe agriculture trade in developing countries
By Globe Banner | Nov 14, 2024
Sweden has pledged SEK 30 million to support safe agricultural trade in developing economies through the Standards and Trade Development Facility (STDF).
Madagascar launches platform to boost climate finance through international partnerships
By Globe Banner | Nov 14, 2024
The Government of Madagascar, in partnership with International Financial Institutions (IFIs) and development partners, has unveiled a series of initiatives aimed at enhancing climate finance in the country.
German private equity market sentiment hits four-year low
By Globe Banner | Nov 14, 2024
Sentiment in the German private equity market has significantly deteriorated for the second consecutive quarter.
ANZ highlights efforts against scams with new video series
By Globe Banner | Nov 14, 2024
ANZ has unveiled a video series showcasing the work of its Scam Assist team, which focuses on combating scam threats and assisting customers.
Students engage in discussions on global trade at WTO event
By Globe Banner | Nov 14, 2024
Students from various cities gathered to explore the World Trade Organization's (WTO) role in global trade during a recent event aimed at demystifying the subject.
Siemens reports record profits; outlines future growth strategies
By Globe Banner | Nov 14, 2024
Siemens AG has concluded its fiscal year 2024 with record profits, according to statements from company executives.
Sub-Saharan Africa faces diverging economic growth patterns
By Globe Banner | Nov 14, 2024
Stagnating incomes in sub-Saharan Africa's resource-intensive economies are calling for more effective fiscal management and broad-based structural reforms, according to a recent analytical note from the Regional Economic Outlook for the region.
Sun Life commits additional funds towards combating type 2 diabetes
By Globe Banner | Nov 14, 2024
Sun Life has announced an additional commitment of $1.53 million to combat diabetes, marking World Diabetes Day with a focus on partnerships aimed at addressing the rising rates of type 2 diabetes.
Sriroj maintains lead as Fubon Senior Open heads into final round
By Globe Banner | Nov 14, 2024
Thammanoon Sriroj and Prayad Marksaeng, both seasoned golfers from Thailand, have maintained their lead after the second round of the 2024 Fubon Senior Open.
Siemens reports strong FY24 results; eyes continued growth amid economic uncertainties
By Globe Banner | Nov 14, 2024
Siemens AG has reported a successful fiscal year 2024, achieving record profits and maintaining its strategic focus.
Personal income rises across most U.S. counties according to BEA report
By Globe Banner | Nov 14, 2024
The U.S. Bureau of Economic Analysis (BEA) has reported that personal income in current dollars rose in 2,814 counties, fell in 295, and remained unchanged in five counties during 2023.
Prudential partners with Icon Cancer Centre for expanded healthcare services
By Globe Banner | Nov 14, 2024
Prudential plc has announced a partnership with Icon Cancer Centre Singapore, expanding its healthcare network to offer cashless outpatient cancer treatment for customers in Singapore and Indonesia.