News published on Globe Banner in January 2025

News from January 2025


ING continues share buyback with over 52 million shares repurchased

ING has announced progress in its €2.0 billion share buyback programme.


Siemens launches startup support program at CES 2025

Siemens has introduced a new initiative, Siemens for Startups, aimed at empowering early-stage engineering and manufacturing startups.


UK consumer card spending remains flat amid focus on entertainment and travel

Consumer spending in the UK remained flat in December, according to the latest Barclays Consumer Spend report.


U.S trade deficit widens to over $78 Billion in November

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported an increase in the goods and services deficit for November 2024, reaching $78.2 billion.


World Bank raises $6 billion through record-breaking sustainable development bond

The World Bank has successfully issued a 7-year Sustainable Development Bond, raising USD 6 billion.


Bountycaster Co-Founder on loan rejection: I 'Experienced Operation Chokepoint 2.0 firsthand'

Linda Xie, co-founder of Bountycaster, reported being denied multiple times for a personal mortgage and banking services related to her cryptocurrency fund due to what she described as "Chokepoint 2.0."


India begins probe into steel product imports amid domestic industry concerns

India has initiated a safeguard investigation concerning non-alloy and alloy steel flat products.


NCUA releases report on credit union diversity self-assessment results for 2023

The National Credit Union Administration (NCUA) has released the 2023 Credit Union Diversity Self-Assessment Results Report.


E*TRADE releases monthly study on S&P 500 sector rotation

E*TRADE from Morgan Stanley has released its monthly sector rotation study, which examines the buying and selling behaviors of E*TRADE customers in relation to stocks within the S&P 500 sectors.


United States strengthens alliance with Ecuador for enhanced security measures in 2024

The United States has played a crucial role in enhancing security measures in Ecuador throughout 2024.


Chile secures $5.1M funding for reducing carbon emissions

Chile has secured $5.1 million from the World Bank’s Forest Carbon Partnership Facility (FCPF) for reducing 1.03 million tons of carbon emissions related to deforestation and forest degradation.


Youth murals depict hopes for Bangladesh's future

Bangladeshi youth have transformed city walls into vibrant canvases, painting murals that reflect their vision for the future.


Siemens showcases industrial AI innovations at CES 2025

Siemens presented its latest advancements in industrial AI and digital twin technology at CES 2025 in Las Vegas.


Barclays highlights prevalent scams in 2024; calls for vigilance

Barclays has unveiled research highlighting the prevalence of scams in 2024, with one in five consumers reportedly falling victim to fraudulent activities.


World Bank launches AUD $1.75B bond as part of its sustainable development efforts

The World Bank has initiated its 2025 funding program with a successful launch of an Australian dollar 1.75 billion five-year bond.


IMF releases reports on economic evaluations for multiple countries

The International Monetary Fund (IMF) has released a series of reports and assessments for various countries, highlighting different economic and financial evaluations.


Polka expands with unique non-alcoholic beverages backed by NAB support

Non-alcoholic beverages, often called "non-alc" drinks, have witnessed a surge in popularity as an increasing number of consumers opt for health-conscious drinking alternatives.


ING announces shareholder distribution details with January cash payment

ING has announced a cash payment of €0.161 per share, scheduled for January 16, 2025.


Binance marks 21st global regulatory milestone with authorization in Brazil

Binance has announced that it has secured regulatory approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer.


KfW provides EUR 100 million loan to boost Chile's green hydrogen sector

KfW has entered into an agreement with the Republic of Chile to provide a promotional loan of EUR 100 million aimed at developing a green hydrogen economy in the country.