News from July 2025
U.S. Embassy warns of airport strikes affecting Portuguese travel this summer
By Globe Banner | Jul 24, 2025
The U.S. Embassy in Lisbon has informed U.S. citizens in Portugal about an impending labor strike by the Metal and Allied Industries Union (SIMA).
Sun Life to release Q2 2025 financial results on August 7
By Globe Banner | Jul 24, 2025
Sun Life Financial Inc. has announced that it will release its second quarter financial results on Thursday, August 7, 2025, after markets close.
NCUA Board plans July meeting focusing on AI and liquidity facility
By Globe Banner | Jul 24, 2025
The National Credit Union Administration (NCUA) Board is scheduled to hold a meeting on Thursday, July 24, beginning at 10 a.m. Eastern.
Benin projects economic growth despite challenges
By Globe Banner | Jul 24, 2025
In 2024, Benin experienced a significant economic growth rate of 7.5%, the highest since 1990, primarily driven by the services and industry sectors.
IDA's role in evolving global aid architecture
By Globe Banner | Jul 24, 2025
Since the early 2000s, global aid architecture has transformed significantly without a clear blueprint.
Women drive change through economic empowerment initiatives in rural Djibouti
By Globe Banner | Jul 24, 2025
The Development Response to Displacement Impacts Project (DRDIP), initiated in 2017, aimed to enhance the living conditions of displaced populations and host communities in Djibouti, Ethiopia, and Kenya.
World Bank pledges continued support for Bangladesh's development
By Globe Banner | Jul 24, 2025
DHAKA, July 16, 2025—Johannes Zutt, Vice President for South Asia at the World Bank, concluded his initial official visit to Bangladesh.
World Bank supports Croatia's growth with new partnership framework
By Globe Banner | Jul 24, 2025
Over the past decade, Croatia has demonstrated economic resilience in a changing global environment.
DBS survey reveals Hong Kong businesses' focus on risk management amid global shifts
By Globe Banner | Jul 24, 2025
Companies in Hong Kong are adapting to the changing global environment by focusing on three key areas: data-driven risk management and operational efficiency, strategic remit, and optimizing capital management.
KfW IPEX-Bank finances Turkish wind farms for energy transition
By Globe Banner | Jul 24, 2025
KfW IPEX-Bank is advancing its role in Europe's energy transition by financing two wind farms in Türkiye.
Indofen partners with Siemens for digital transformation in aluminum recycling
By Globe Banner | Jul 24, 2025
In a move to modernize operations and enhance efficiency, Indofen Furnaces LLP, an Indian manufacturer specializing in advanced furnace systems for the aluminum recycling and die casting industry, has adopted Siemens' Industrial Edge solution.
New battery-powered trains introduced for low-emission travel in North Rhine-Westphalia
By Globe Banner | Jul 24, 2025
The introduction of new battery-powered trains marks a significant step towards low-emission regional mobility in North Rhine-Westphalia.
BMO announces application opening for Los Angeles Wildfire Recovery Fund
By Globe Banner | Jul 24, 2025
BMO has announced that its Wildfire Recovery Fund is now accepting applications to support the Los Angeles community in recovering from this year's wildfires.
Morgan Stanley launches tool to assess US stock vulnerability
By Globe Banner | Jul 24, 2025
Morgan Stanley Wealth Management has introduced the Equity Vulnerability Score, a new tool designed to help clients and financial advisors assess the potential risk of U.S. stocks dropping in value.
IMF concludes eighth review under Cameroon's credit facility agreements
By Globe Banner | Jul 24, 2025
The International Monetary Fund (IMF) Executive Board has concluded the eighth reviews under Cameroon's Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements.
Arch Insurance promotes Nick Barry as underwriting manager for southern region
By Globe Banner | Jul 24, 2025
Nick Barry has been promoted to the role of Accident & Health Underwriting Manager for the Southern Region at Arch Insurance Australia, effective immediately.
Allianz Group serves millions with diverse insurance services
By Globe Banner | Jul 24, 2025
The Allianz Group, a prominent global insurer and asset manager, serves approximately 128 million private and corporate customers across nearly 70 countries.
Toyota Motor Europe reports record first-half vehicle sales
By Globe Banner | Jul 24, 2025
Toyota Motor Europe NV/SA (TME) has reported record sales for the first half of the year, with 635,328 vehicles sold.
University receives Green Flag Award for exceptional green spaces
By Globe Banner | Jul 24, 2025
The University has been recognized with the Green Flag Award and Green Flag Community Award by Keep Wales Tidy, joining a record 315 sites to receive this honor.
Toyota Canada partners with Trans Canada Trail for sustainability initiatives
By Globe Banner | Jul 24, 2025
Toyota Canada has announced an expanded partnership with Trans Canada Trail, reinforcing its role as the exclusive automotive partner.