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News from 2024


Nordea completes acquisition of Danske Bank's Norwegian personal banking business

Nordea has finalized the acquisition of Danske Bank's personal customer and private banking business in Norway.


IMF reviews Oman's economic progress amid reform efforts

An International Monetary Fund (IMF) staff team, led by César Serra, conducted the 2024 Article IV consultation in Muscat from October 30 to November 13.


Korea increases contribution to World Bank's International Development Association by 45

The Republic of Korea has announced a significant increase in its contribution to the World Bank’s International Development Association (IDA) during the G20 Summit in Rio de Janeiro.


FSB chair urges G20 leaders to fully implement agreed reforms

The Financial Stability Board (FSB) has released a letter from its Chair, Klaas Knot, addressed to G20 leaders ahead of their summit in Rio de Janeiro on November 18-19.


IMF's Kristalina Georgieva addresses G20 summit on financial strength and inclusivity

November 18, 2024 Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), addressed the G20 Leaders' Summit in Rio de Janeiro, Brazil.


Trade group reviews strides toward gender equality

The Informal Working Group on Trade and Gender has reviewed its achievements for 2024, marking significant progress in advancing gender equality within international trade.


Siemens enhances additive manufacturing options on Xcelerator Marketplace

Siemens has announced the expansion of its additive manufacturing offerings on the Siemens Xcelerator Marketplace.


Empowering women-led MSMEs through intellectual property: A focus on global challenges

Ambassador Matthew Wilson of Barbados moderated a session focused on empowering women entrepreneurs, particularly in micro, small, and medium-sized enterprises (MSMEs), to utilize intellectual property (IP) as a business tool.


Norway pledges increased support for IDA at G20 summit

Norway has announced an early pledge to the International Development Association (IDA) during the G20 Summit in Rio de Janeiro.


Banks finance Mainova WebHouse's sustainable data centers in Frankfurt

A consortium of banks, including ING, Investec, KfW, KfW IPEX-Bank, Kommunalkredit, LBBW, NORD/LB, and SEB, has agreed to provide EUR 475 million in debt financing to Mainova WebHouse.


UOB partners with Disney Cruise Line for special benefits across ASEAN

UOB has announced a collaboration with Disney Cruise Line, marking it as the first bank in the ASEAN region to offer special benefits to its cardholders for booking Disney Adventure cruise vacations.


U.S. Embassy advises caution amid scheduled protest in Bratislava

The U.S. Embassy has issued a notice to American citizens regarding a protest scheduled for November 17, 2024, in Bratislava.


Fed faces challenges as treasury yields rise despite rate cuts

The Federal Reserve's recent interest rate cuts have not led to the expected decrease in longer-term Treasury yields, posing a challenge for Fed Chair Jerome Powell.


APEC leaders discuss economic challenges amid slowing growth

Thank you, President Boluarte, for inviting me to today’s APEC Leaders’ retreat.


Standard Chartered responds to favorable US court ruling

London – Standard Chartered has responded to a recent court ruling in its favor regarding a US civil litigation case.


Outlier Ventures CCO: 'Fundamental crypto general-purpose technology' in off-chain sectors is 'interesting'

Matt Law, chief commercial officer at Outlier Ventures, discussed the potential applications of crypto technologies during his talk at Binance Blockchain Week.


ANZ partners with CitoPlus for streamlined SME loan applications

ANZ and CitoPlus have announced a strategic partnership facilitated by ANZ's external innovation partner, 1835i.


ANZ warns shoppers about online scams ahead of Black Friday sales

November marks the beginning of a significant spending period for Australian consumers, with many opting to complete their Christmas shopping during the Black Friday and Cyber Monday sales.


WTO explores revitalizing trade development amid global challenges

The World Trade Organization (WTO) members are considering ways to revitalize the work of the Committee on Trade and Development.


Thammanoon Sriroj wins Fubon Senior Open; Chun-Hsing Chung triumphs in super senior

Thailand's Thammanoon Sriroj emerged victorious at the 2024 Fubon Senior Open, securing a six-shot win over compatriot Prayad Marksaeng.