News from November 2024


Yuanta Securities honored with national award for excellence in human resource development

Yuanta Securities has been recognized with the National Talent Development Award (NTDA) by Taiwan's Ministry of Labor.


Macquarie considers cash offer for waste firm Renewi

Macquarie Asset Management, acting on behalf of funds or entities managed by Macquarie Infrastructure and Real Assets (Europe) Limited, has announced its consideration of a potential cash offer for the entire share capital of Renewi plc.


World Bank approves $1 billion projects for Argentina's education and child development

The World Bank's Board of Directors has approved two new projects for Argentina, amounting to a total of $1 billion.


World Bank identifies climate challenges facing Eastern Caribbean nations

The World Bank Group, in collaboration with the Organization of Eastern Caribbean States Commission (OECS), has released a report addressing climate change challenges and opportunities for Dominica, Grenada, Saint Lucia, and Saint Vincent and the...


Committee addresses global food security concerns amid rising challenges

The Committee on Agriculture recently convened to discuss a range of issues, including agricultural market developments, food security, and technology transfer.


WTO-ITC women's initiative receives major funding boost from FIFA World Cup Legacy Fund

The Women Exporters in the Digital Economy (WEIDE) Fund, a joint initiative by the World Trade Organization (WTO) and the International Trade Centre (ITC), has received a significant boost from the FIFA World Cup Qatar 2022 Legacy Fund.


NCUA prohibits former Alhambra Credit Union employee from working in federally insured institutions

The National Credit Union Administration (NCUA) has issued a prohibition order against Daniel Garza, a former employee of Alhambra Credit Union in Phoenix, Arizona.


U.S economy grows at 2.8% pace; corporate profits decline

The U.S. Bureau of Economic Analysis has released the "second" estimate for the real gross domestic product (GDP) growth in the third quarter of 2024, indicating an annual increase of 2.8 percent.


BusinessEurope urges EU Commission to focus on economic revival

The European Parliament has confirmed the new European Commission College, led by President Ursula von der Leyen.


WTO releases documents on Brunei Darussalam's trade policy review

The World Trade Organization (WTO) has released several documents related to the trade policy review of Brunei Darussalam.


IMF reviews Samoa's economic progress amid global uncertainties

An International Monetary Fund (IMF) mission, led by Siddharth Kothari, recently concluded discussions with Samoan authorities and stakeholders in Apia.


World Bank’s IDA transforms lives through global development initiatives

In a remote area of Yemen, Hamama, a widow with no income, faced challenges due to the lack of electricity.


IMF announces staff-level agreement on Ethiopia's extended credit facility review

The International Monetary Fund (IMF) has announced a staff-level agreement with Ethiopian authorities on the second review of Ethiopia's economic program under the Extended Credit Facility (ECF).


Germany advances national hydrogen strategy with EUR 24 billion KfW loan

KfW is backing the development of a national hydrogen core network in Germany, acting on behalf of the German Federal Government.


U.S Bureau reports rise in personal income for October

Personal income in the United States rose by $147.4 billion, or 0.6 percent, in October, according to data released by the U.S. Bureau of Economic Analysis.


IMF completes Article IV consultation with Bahrain: economic growth continues amid challenges

The International Monetary Fund (IMF) Executive Board has completed its 2024 Article IV consultation with the Kingdom of Bahrain, noting economic growth amid challenging conditions.


Morocco advances towards renewable energy goal with new wind farm

Morocco is advancing its renewable energy goals with the commissioning of the Jbel Lahdid wind farm in Essaouira.


KfW enables digital submissions for heating system promotion grants

KfW has announced a new step in its plan to promote climate-friendly heating systems.


Yuanta FHC recognized among top groups for carbon competitiveness

Yuanta Financial Holding Company (FHC) has been recognized by Business Weekly's "Carbon Competitiveness 100" for its efforts in carbon reduction.


Standard Chartered considers selling African businesses to focus on wealth management

Standard Chartered PLC has announced its intention to explore the sale of certain businesses as part of a strategy to enhance investment in its wealth management sector.