News published on Globe Banner in July 2025

News from July 2025


Cambridge receives funding for clean technology partnerships

The University of Cambridge has been awarded two Prosperity Partnerships by the Engineering and Physical Sciences Research Council (EPSRC).


OCBC targets $5 billion in loans for serial entrepreneurs by 2028

OCBC Bank has announced a loan target of S$5 billion by 2028 for its serial entrepreneur segment across Singapore, Malaysia, Hong Kong, and Indonesia.


Macquarie sells $A1.5 billion car loan portfolio

Macquarie's Banking and Financial Services group has agreed to sell a $A1.5 billion portfolio of car loans to Allied Credit, an independent financier in Australia.


University of Oxford partners with Fortescue Zero on new energy storage project

Since 2017, Prosperity Partnerships have been facilitating collaborations between academic institutions and businesses to conduct research that meets industrial needs.


U.S. Embassy announces Fulbright Visiting Scholar Program competition for 2026-27

The U.S. Embassy in Serbia has announced the opening of the Fulbright Visiting Scholar Program competition for the 2026-2027 academic year.


World Bank report outlines steps for Philippine economic transformation by 2040

Strategic reforms aimed at enhancing investments in connectivity and human capital, promoting smarter regulations, and mobilizing private investments could significantly boost job creation in the Philippines.


Young Trilateral Leaders Summit fosters collaboration among rising leaders from US, Japan, ROK

Rising leaders from the United States, Japan, and the Republic of Korea gathered in Osaka for the second annual Young Trilateral Leaders (YTL) Summit.


UK card spending declines amid cautious consumer behavior

Card spending in the UK fell by 0.1% in June, as revealed by the latest Barclays Consumer Spend report.


Chemical engineering congress opens in Beijing with international participation

The 12th World Congress of Chemical Engineering, alongside the 21st Asian Pacific Confederation of Chemical Engineering Congress, commenced in Beijing on July 14.


U.S. Embassy offers free English programs for creatives and STEM talents

The U.S. Embassy in Mozambique is launching two free English programs aimed at young creatives and STEM talents.


Standard Chartered unveils crypto trading for institutional clients

In a significant move, Standard Chartered has introduced a digital assets trading service tailored for institutional clients.


Town hall meeting for U.S. citizens scheduled by U.S. Consulate General in Guayaquil

The U.S. Consulate General in Guayaquil has announced a town hall meeting for U.S. citizens residing in Ecuador.


World Bank releases update on Cameroon's economy focusing on forests

Yaoundé, July 15, 2024 – The World Bank Group has released the 2025 Cameroon Economic Update titled "Cameroon’s Green Gold: Unlocking the Value of Forests and Natural Capital."


U.S. Embassy Berlin hosts reception for exchange program alumni in German politics

The U.S. Embassy in Berlin recently hosted a reception to honor alumni of U.S. government exchange programs who are now serving in key political roles within the German federal government, Bundestag, Bundesrat, and other institutions.


Societe Generale sells majority stake in Cameroonian subsidiary

Societe Generale has entered into an agreement with the State of Cameroon to sell its 58.08% stake in Société Générale Cameroun.


Trinidadian sentenced in Florida for firearm smuggling

On June 26, 2025, a Trinidad and Tobago national was sentenced in Florida for smuggling firearms and ammunition from the United States into Trinidad and Tobago.


BlackRock reports Q2 2025 financial results with adjusted EPS at $12.05

BlackRock, Inc. has announced its financial results for the second quarter of 2025.


Achilles wins UK's first school dog of the year award

This week, Achilles, a Norwich Terrier from Danson Primary School in Welling, Kent, was named the UK's first-ever School Dog of the Year.


Mauritius aims for fiscal sustainability through reforms amid economic challenges

Mauritius is facing significant economic challenges, including high public debt and an ageing population.


U.S. Embassy in Namibia seeks bids for fuel system maintenance

The U.S. Embassy in Windhoek, Namibia, is inviting offers from qualified companies for preventive maintenance services for the facility's fuel system.