News from 2024
US economy grows at slower pace with Q3 GDP up by 2.8
By Globe Banner | Oct 30, 2024
Real gross domestic product (GDP) in the United States grew at an annual rate of 2.8 percent during the third quarter of 2024, according to the "advance" estimate released by the U.S. Bureau of Economic Analysis.
Siemens tech transforms Kantonsspital Baden into advanced Swiss hospital
By Globe Banner | Oct 30, 2024
Kantonsspital Baden (KSB) is set to become one of Switzerland's most advanced hospitals through the integration of Siemens IoT technology.
Project aids Dominican farmers post-Hurricane Maria recovery efforts
By Globe Banner | Oct 30, 2024
In September 2017, Hurricane Maria devastated Dominica, causing extensive damage to homes and livelihoods.
Trade talks focus on climate measures ahead of Ministerial Conference
By Globe Banner | Oct 30, 2024
At the end of 2024, discussions on trade and environmental sustainability have been highlighted by members of the Trade and Environmental Sustainability Structured Discussions (TESSD).
Development cooperation boosts German exports and secures thousands of jobs
By Globe Banner | Oct 30, 2024
A recent study conducted by the University of Göttingen for KfW highlights the economic benefits of Germany's development cooperation expenditure.
Siemens acquires Altair Engineering to boost AI-driven industrial software capabilities
By Globe Banner | Oct 30, 2024
Siemens has announced the acquisition of Altair Engineering, a move that aims to strengthen its leadership in industrial software and artificial intelligence.
Ellard discusses role of WTO in addressing trade challenges
By Globe Banner | Oct 30, 2024
Speaking to an audience of students and faculty members, DDG Ellard shared insights from her extensive experience throughout her career and in her current role at the WTO.
IMF approves funding to support Kenya's economic stability amidst fiscal challenges
By Globe Banner | Oct 30, 2024
The International Monetary Fund (IMF) Executive Board has completed the seventh and eighth reviews under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) arrangements, as well as a review under the Resilience and Sustainability...
World Bank supports global education resilience amid COVID-19
By Globe Banner | Oct 30, 2024
During the COVID-19 pandemic, several countries implemented remote learning strategies to ensure educational continuity amid school closures.
IMF releases findings from its latest Financial Access Survey
By Globe Banner | Oct 30, 2024
The International Monetary Fund (IMF) has published the results of its 2024 Financial Access Survey (FAS), coinciding with the survey's 15th anniversary.
World Bank supports Maldivian secondary education with additional financing
By Globe Banner | Oct 30, 2024
The World Bank has approved a $2.7 million grant from the Global Partnership for Education to enhance the Atoll Education Development Project in the Maldives.
Prudential appoints Patrick van Heerde as chief partnership distribution officer
By Globe Banner | Oct 29, 2024
Prudential plc has announced the appointment of Patrick van Heerde as its new Chief Partnership Distribution Officer. Mr. van Heerde will assume his role on November 4, reporting to Dennis Tan, Managing Director of the Strategic Business Group.
KfW IPEX-Bank supports Recharge's EV expansion with EUR 45 million financing
By Globe Banner | Oct 29, 2024
In the Nordic region, Recharge is recognized for operating the largest rapid electric vehicle (EV) charging network.
HSBC reports Q3 profit rise amid strategic execution
By Globe Banner | Oct 29, 2024
HSBC Holdings plc reported its financial results for the third quarter of 2024, showing a profit before tax increase to $8.5 billion, up by $0.8 billion compared to the same period last year.
DEG hosts reception at National Gallery Singapore focusing on corporate resilience
By Globe Banner | Oct 29, 2024
On October 1, the DEG office in Singapore held a reception at the National Gallery Singapore.
BlackRock Foundation commits $4 million for education initiatives in Dallas County
By Globe Banner | Oct 29, 2024
The BlackRock Foundation has announced a $4 million philanthropic grant to The Commit Partnership and Education is Freedom (EIF) in Dallas County.
OKX partners with Standard Chartered for enhanced crypto custody solutions
By Globe Banner | Oct 29, 2024
OKX, a prominent cryptocurrency exchange and onchain technology company, has announced the appointment of Standard Chartered as its third-party crypto custodian for global institutional business.
Tips for staying vigilant against emerging fraud methods
By Globe Banner | Oct 29, 2024
Take our basic quiz – 6 questions you will learn from Keep your eyes open on social media – this is how you think smart Understand Norwegian?
Fubon's subsidiaries win big at Taiwan's Digital Financial Award
By Globe Banner | Oct 29, 2024
Fubon Financial Holdings' subsidiaries have received recognition at the 2024 Digital Financial Award organized by Commercial Times.
Young European entrepreneurs invited to apply for YTILI Fellowship Program
By Globe Banner | Oct 29, 2024
The U.S. Department of State has opened applications for the 2025 Young Transatlantic Innovation Leaders Initiative (YTILI) Fellowship Program, aimed at emerging entrepreneurs from Europe.