News from November 2024
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.
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.
Yuanta hosts Happiness Day for Tainan's remote area children at planetarium
By Globe Banner | Nov 11, 2024
Yuanta Financial Holding Company and the Yuanta Cultural and Educational Foundation organized the "Yuanta Happiness Day" in Tainan, southern Taiwan.
IMF reaches staff-level agreement on credit facility review with Zambia
By Globe Banner | Nov 11, 2024
An International Monetary Fund (IMF) staff team, led by Mercedes Vera Martin, has reached a staff-level agreement with Zambian authorities on the fourth review of the Extended Credit Facility (ECF).
IMF reaches staff-level agreement with Niger on economic program reviews
By Globe Banner | Nov 11, 2024
An International Monetary Fund (IMF) staff team, led by Antonio David, conducted meetings from October 28 to November 9, 2024, to review Niger's economic program under the Extended Credit Facility (ECF) and the Resilience and Sustainability...
Japan contributes CHF 105K to enhance trade skills in developing economies
By Globe Banner | Nov 11, 2024
Japan has announced a contribution of CHF 105,000 to support developing economies in enhancing their trade capabilities.
Siemens expands access to industrial AI with new products
By Globe Banner | Nov 11, 2024
Siemens is expanding access to industrial AI with its new offerings, including the Industrial Operations X and NVIDIA-accelerated industrial PCs.
Malaysia explores balancing migration reduction with increased automation
By Globe Banner | Nov 11, 2024
Malaysia is working towards reducing its reliance on migrant workers as outlined in the 12th Malaysia Plan.
WTO assesses three decades of trade development in least-developed countries
By Globe Banner | Nov 11, 2024
The World Trade Organization (WTO) members gathered to evaluate 30 years of trade development in least-developed countries (LDCs).
KfW IPEX-Bank joins EUR 220M financing for DAH Group's biogas expansion
By Globe Banner | Nov 11, 2024
KfW IPEX-Bank has joined a consortium of five banks to finance the DAH Group's biogas platform.
Former Binance CEO: 'I'm the only one who went to jail' for a single 'Banking Secrecy Act' violation
By Globe Banner | Nov 10, 2024
Changpeng Zhao, founder and former CEO of Binance, said he is the "only person" to face jail for a single "Banking Secrecy Act violation" related to unregistered U.S. operations and inadequate anti-money laundering measures.
Trump's re-election sparks S&P 500 surge amid Republican congressional gains
By Globe Banner | Nov 9, 2024
The U.S. stock market surged to new heights following the announcement of Donald Trump's election as President and the Republican Party's gain of Senate control.
Ngozi Okonjo-Iweala confirmed as sole candidate for WTO Director-General
By Globe Banner | Nov 9, 2024
The World Trade Organization (WTO) has confirmed Ngozi Okonjo-Iweala as the sole candidate for the position of Director-General.